2 Peirce Rd, Lynn, MA 01902

$1,175,000
5
BD
5
BA
3,064
SqFt

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List Price
$1,175,000
Price Change
▼ $25,000 1788633368
MLS#
73524847
Status
UNDER AGREEMENT
Type
Multifamily
City
Lynn
Area
Diamond District
County
Essex
Bedrooms
5
Bathrooms
5
Living Area
3,064
Year Built
1920

Property Description

NEW PRICE, NEW OPPORTUNITY in Lynn’s Diamond District! This LEGAL 3-family offers 3,064 sq ft of living space and a rare combination of coastal lifestyle, flexible living, and income potential. The impressive owner’s residence spans the 2nd and 3rd floors with 4 bedrooms, 2 renovated baths, a beautifully updated kitchen, soaring ceilings, hardwood floors, a 9x12 laundry room, and 2 private decks with ocean views. The 1st-floor residence features a renovated kitchen, 1 bedroom, 1.5 baths, high ceilings, period details, and a spacious front porch. The ground level offers a separate 2-room studio, providing additional flexibility and rental potential. A 1-car garage plus 5 off-street parking spaces adds even more value. Live in the expansive owner’s unit while rental income from the other two residences helps offset the cost of ownership. Just steps from Lynn Shore Drive Promenade, King’s Beach, Red Rock Park, and local restaurants, this is a unique opportunity to own a multi-family property near the ocean with space, income potential, and lifestyle all in one.

Additional Information

Exterior
Frame
Cooling
Window Unit(s), Ductless
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Sean K Connelly from Listing Office: William Raveis R.E. & Home Services.