Betsy Doolan - HK Realty Logo
$1,775,000
 $9,529 est/mo Sourced by Back At You

55 Rock Ave,Lynn, MA 01902

Lynn, MA 01902

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Description

Attention investors! First time on the market in almost 20 years! A substantial investment has been made to replace all six gas-fired heating systems, hot water tanks and common area upgrades in this well-maintained six-unit apartment building. Each oversized three-bedroom unit has separate utilities, and the property offers off-street parking and an established rent roll. Three units have recently undergone extensive renovations, including new bathrooms, refinished hardwood floors, fresh paint, and additional updates. All units have Letters of Deleading Compliance. Professionally maintained with significant recent improvements, this income-producing property offers a desirable unit mix and potential for future rental growth.

Details

MLS #73582954
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1900
Days On Site45
Listing Provided ByClements Realty Group | Eugene L. Clements

Features

Bed(s)18
Bath(s) 6 Total
SQ Feet7,785
BasementY
Story(s)5
Units6
ZoningR3
Acreage0.11
Water FrontYes

Interior

Rooms Total30
Heating Yes / NoYes
HeatingForced Air, Natural Gas
Interior FeaturesLiving Room, Kitchen
Window FeaturesInsulated Windows, Storm Window(s), Screens
AppliancesRange, Refrigerator
Fireplaces Total0
Fireplace Yes / NoNo
FlooringHardwood

Exterior

RoofRubber
Construction MaterialsFrame
Foundation DetailsStone
Lot FeaturesCorner Lot

Parking

Garage Yes / NoNo
Parking FeaturesPaved Drive, Off Street, Paved
Open Parking Yes / NoYes

Utilities

Utilitiesfor Electric Range
SewerPublic Sewer
Electric100 Amp Service

Taxes

Tax Annual Amount12925
Tax Assessed Value1254900
Tax Year2026

Location

Community FeaturesPublic Transportation, Laundromat, Private School, Public School, Sidewalks
Senior Community Yes / NoNo

Area Information

StateMA
CountyEssex
CityLynn
Zip Code01902
AreaEssex
Listing VS Median (in 01902)
Price:
$1,775,000
low | high
Med:
$279,450
100% of Average
sqft:
7,785
low | high
Med:
603
100% of Average
$ / sqft:
$228
low | high
Med:
$472
56.891742218014% of Average
On site:
45
low | high
Med:
902.5
4.986149584488% of Average
Sourced by Back At You

Market Activity 01902

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Additional Information

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Learn More About This Property

Betsy Doolan

Betsy Doolan

HK Realty

009993 (603) 234-8264betsy.doolan@h-krealty.com
StateMA
CountyEssex
CityLynn
Zip Code01902
AreaEssex
Listing VS Median (in 01902)
Price:
$1,775,000
low | high
Med:
$279,450
100% of Average
sqft:
7,785
low | high
Med:
603
100% of Average
$ / sqft:
$228
low | high
Med:
$472
56.891742218014% of Average
On site:
45
low | high
Med:
902.5
4.986149584488% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.331M - $2.218M
sqft: 5,500 - 9,500
Nearby Listings Property ImageNearby Listings Details
55 Rock Ave Property Photo 1
$1,775,000
55 Rock Ave
Lynn, MA 01902
Listing Updated: October 25, 2026 at 3:16:38 AM PDT

Betsy Doolan - HK Realty