Active
1 Days on market
79 Johnson St Lynn — Photo 1 of 34

79 Johnson St Lynn — Photo 1 of 34

$1,100,000

Investment Analysis — 79 Johnson St

Lynn, MA 01902

Based on rent reported on the MLS listing, a 2-unit multi-family in 01902 carries $2,750/mo in gross rent — about a 1.75% cap rate and $19,260/yr in estimated NOI at the $1,100,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

3

SqFt

2,870

Style

Multi Family

Built

1985

Exceptional income-producing two-family opportunity featuring two fully detached residences on one conveniently located lot. With separate utilities and six off-street parking spaces, this versatile property offers an appealing option for investors, owner-occupants, or buyers exploring a potential condominium conversion. The rear residence is a brand-new 2026 construction, never before occupied, featuring an open kitchen and living area, three bedrooms, one full bathroom, and efficient mini-split heating and central air conditioning. The front residence is currently leased on a tenancy-at-will basis, providing immediate rental income. This spacious home offers three to four bedrooms, two full bathrooms, a kitchen, living room, and a finished basement family room. Live in one residence while collecting rent from the other, add a strong multi-family asset to your portfolio, or explore future conversion possibilities. Two detached buildings, immediate income, modern new construction, separate utilities, and ample parking make this a rare and flexible investment opportunity.

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 MLS and other third-party data may be inaccurate or out of date.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.

Property Details

Financials

Original Price$1,100,000
Annual Taxes$5,820

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms12
FireplacesNone
FlooringWood, Vinyl, Hardwood
BasementFull, Partially Finished, Walk-Out Access

Climate & Utilities

HeatingBaseboard, Natural Gas, Central, Ductless
CoolingWindow Unit(s), Central Air, Ductless
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationConcrete Perimeter
ZoningR3

Property & Lot

Acres0.15
SqFt Lot6,686
Lot FeaturesLevel

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Park

Geography

Listing Provided By

Listing Agent: Shirley Robles

Listing Office: Century 21 Property Central Inc.

MLS® Number: 73576708