94 Eutaw Ave Lynn — Photo 1 of 39
Recent Drop: $24,900
$775,000
Investment Analysis — 94 Eutaw Ave
Lynn, MA 01902 — East Lynn
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 01902 carries an estimated $5,950/mo in gross rent — about a 6.09% cap rate and $47,222/yr in estimated NOI at the $775,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
2.5
SqFt
2,129
Style
Multi Family
Built
1900
This well-maintained two-family home in East Lynn is ready for its next owners. With plenty of updates over the years, it offers a great combination of owner-occupant potential and investment opportunity. The first-floor unit offers a comfortable layout with two bedrooms, a living room, updated kitchen, and full bath. The spacious two-level second unit has been freshly painted and offers plenty of flexibility, with a kitchen, living/dining room, family room, and convenient half bath with laundry on the main level. Upstairs are four bedrooms with new carpeting throughout, plus a full bath. Two updated gas heating systems—one approximately four years old and one brand new—provide efficient heating, while blown-in insulation adds to the home's energy efficiency. Outside, the fenced backyard is a great spot to relax, entertain, or enjoy a meal outdoors. The location is hard to beat, just around the corner from Keaney Park, about 1.5 miles from the Swampscott T, and only 2 miles from the beach. Move right in and make it yours!
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Microwave • Refrigerator • Washer • Dryer • Dishwasher
Neighborhood
Public Transportation • Park • Public School
Geography
Property History
$775,000
Was $788,966
Aug 31, 2026
MLS® 73530106
$788,966
Was $799,900
Aug 10, 2026
MLS® 73530106
$799,900
Jun 4, 2026
MLS® 73530106
Listing Agent: Kaitlin Martel
Listing Office: Martel Real Estate
MLS® Number: 73530106