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Exceptional value-add investment opportunity in the heart of Lynn! This well-maintained 12-unit apartment building features twelve 1-bedroom, 1-bath units across three stories, offering an ideal addition to any investment portfolio. Four units have been tastefully renovated, providing immediate upside while leaving significant potential to further increase value through additional unit improvements. Ownership has completed significant capital improvements throughout the property over the past decade, including upgrades to unit interiors, building systems, and common areas, reflecting a strong history of investment and pride of ownership. Recent common area updates, including beautifully refinished and varnished hardwood floors and staircases, further enhance the property's appeal. Conveniently located near public transportation, shopping, dining, schools, and other everyday amenities, the property offers excellent accessibility for tenants. A rare opportunity to acquire a stabilized asset with substantial long-term income and appreciation potential in the growing Lynn market.

More Info

Basic Information

  • Mls StatusNew
  • Parcel Number M:053 B:723 L:048,2005777

Rooms

  • Bathroom12
  • Bathrooms Total Decimal 12
  • Bedrooms12
  • Full Bath12

Building

  • BasementUnfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Levels 3
  • Patio And Porch Features Porch
  • Rooms36
  • Stories3
  • Units12
  • Year Built1905
  • Year Built Details Actual
  • Year Built Source Public Records

Tax Information

  • Tax Assessed Value $2,367,400
  • Tax Year 2025
  • Taxes$24,526

Basic Information

  • List Price$3,300,000
  • MLS Number73561330
  • Modification Date08/10/2026
  • Property SubType5+ Family - 5+ Units Up/Down

Property

  • Acreage0.18

Interior

  • Flooring Wood, Tile, Vinyl

Property Information

  • Building Area Source Public Records
  • Living Area 10,224
  • Lot Size Square Feet 8,019
  • Lot Size Units Acres
  • Square Feet10,224

Other

  • Date Listed08/10/2026
  • Farm Land Area Units Square Feet
  • View Count1

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Paved
  • Parking Spaces6

Location

  • Address71 Harwood Street
  • Building Number71
  • CountyEssex
  • StateMA
  • StreetHarwood Street
  • TownLynn
  • Zip01902

Exterior

  • RoofRubber

Utilities

  • Sewer Public Sewer
  • Water Source Public

Amenities

  • AmenitiesPublic Transportation, Shopping, Park, Public School
  • Other AmenitiesBasement

Map Location

Listed by Katy Loucks of Lamacchia Realty,Inc.

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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