24 Birch St Lynn — Photo 1 of 35
$799,900
Investment Analysis — 24 Birch St
Lynn, MA 01902
Based on rent reported on the MLS listing, a 2-unit multi-family in 01902 carries $6,500/mo in gross rent — about a 6.55% cap rate and $52,368/yr in estimated NOI at the $799,900 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2
SqFt
2,301
Style
2 Family - 2 Units Up/Down
Built
1900
Welcome to 24 Birch Street! Fully renovated and move-in ready two-family home offering approximately 2,300 square feet of living area, ample parking, and an excellent opportunity for an owner-occupant or investor. The property features an oversized one-bedroom unit and a spacious four-bedroom unit, making it especially well suited for a house-hacking strategy or multifamily rental investment in a rapidly growing Lynn market. Both units have been updated throughout with new kitchens, new bathrooms, and new or refinished flooring. The property also features a new roof and updated electrical, providing important improvements already completed for the next owner. The basement has been cleaned out and refreshed, including new washer and dryer hookups for each unit, offering convenient laundry options.The exterior offers a paved driveway and back patio area, perfect for leisure or storage. Not to mention, a private roof deck off of the second floor kitchen ensures that each unit can have a dedicated outdoor space.Delivered fully vacant, this property is ready for immediate occupancy or leasing. Whether you plan to live in one unit while generating rental income from the other, rent both units, or simply enjoy the flexibility of a two-family property, this home is ready to go from day one with the major renovation work already completed.Showings begin at the open houses. Open House:Friday, September 25, 20264:00 PM to 6:00 PM and Sunday, September 27, 202610:00 AM to 12:00 PM
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Microwave • Refrigerator • Freezer
Neighborhood
Public Transportation • Shopping • Park • Laundromat • Highway Access • House of Worship
Geography
Listing Agent: Candor Investment Group
Listing Office: eXp Realty LLC
MLS® Number: 73580680