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3-Unit Investment at 40 Hamilton Ave, Lynn! Fantastic opportunity for investors or owner-occupants-this multi-unit offers strong rental income potential with 3 units ready to generate cash flow. Benefit from ample off-street parking and a large backyard, a rare find perfect for tenants and added value. Ideally located near public transportation, commuter routes, shopping, dining, and Lynn's vibrant downtown, with easy access to Boston-making it highly attractive for renters. Whether you're expanding your portfolio or looking to live in one unit while collecting rents, this property delivers income, convenience, and long-term upside.

More Info

Basic Information

  • Gross Income $72,600
  • Mls StatusActive
  • Parcel Number 2003984
  • Road Frontage DescriptionPaved

Location

  • Address40 Hamilton Avenue
  • Building Number40
  • CountyEssex
  • StateMA
  • StreetHamilton Avenue
  • TownLynn
  • Zip01902

Exterior

  • Exterior Features Balcony/Deck, Balcony
  • Fencing Fenced/Enclosed
  • RoofShingle

Property Information

  • Building Area Source Other
  • Living Area 3,274
  • Lot Size Square Feet 6,199
  • Lot Size Units Acres
  • Square Feet3,274

Tax Information

  • Tax Assessed Value $905,700
  • Tax Year 2026
  • Taxes$9,328

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms7
  • Full Bath3

Building

  • BasementFull, Walk-Out Access, Concrete, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Levels 3
  • Patio And Porch Features Porch
  • Rooms17
  • Stories3
  • Units3
  • Window Features Insulated Windows
  • Year Built1918
  • Year Built Details Actual
  • Year Built Source Public Records

Other

  • Date Listed05/07/2026
  • Farm Land Area Units Square Feet

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Paved
  • Parking Spaces9

Basic Information

  • List Price$1,000,050
  • MLS Number73514325
  • Modification Date05/11/2026
  • Property SubType3 Family - 3 Units Up/Down

Property

  • Acreage0.14

Interior

  • Flooring Tile, Hardwood
  • Interior Features High Speed Internet, Bathroom With Tub, Living Room, Kitchen

Utilities

  • Electric 220 Volts
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • AmenitiesPublic Transportation, Shopping, Public School
  • Appliances IncludedRange, Refrigerator
  • Other AmenitiesBasement

Map Location

Listed by Adele Faso of eXp Realty

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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