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

79 Johnson St Lynn — Photo 1 of 34

$1,100,000

79 Johnson St, Lynn, MA 01902

Lynn, MA 01902

Investor Analysis

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.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$383/sqft
Local Avg (Lynn)$330/sqft
16% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Lynn, MA.

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

Population

50,066

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$67K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

63.1%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Shirley Robles

Listing Office: Century 21 Property Central Inc.

MLS® Number: 73576708

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