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Home Massachusetts Multi-Family Homes for Sale

8 Varnum St Lynn, MA 01905
NEW
1
$989,900
Total Beds: 9 Total Baths: 3
Total Units: 3 SQFT: 2640
LOT size: 0.05 Acres
8 Varnum St
Lynn, MA 01905
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Property Description

Exceptional three-family property offering a fantastic opportunity for both owner-occupants and investors. This well-maintained building features separate utilities throughout, including three individual gas heating systems, making ownership and management simple and efficient. The property boasts numerous low-maintenance improvements, including vinyl siding and a durable rubber roof. Tenants will appreciate the large rear decks, providing ample outdoor space for relaxation and entertaining, as well as the convenience of off-street parking. Whether you’re looking to occupy one unit while generating rental income or add a solid multi-family asset to your portfolio, this property offers strong long-term value and excellent investment potential.
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Property Details

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Amenities: Bike Path, Highway Access, House of Worship, Laundromat, Park, Private School, Public Transportation, Shopping, Walk/Jog Trails
  • Basement Features: Concrete Floor, Full, Interior Access, Walk Out
  • Common Rooms: Kitchen, Living Room
  • Common Appliances: Range, Refrigerator
  • Common Heating: Extra Flue, Gas, Heat Pump

Financial

  • APOD Available: Yes
  • Gross Operating Income: 99960
  • Gross Expenses: 3100
  • Electric Expenses: 391
  • Water/Sewer: 2517
  • RFS: 192
  • Net Operating Income: 71535

Utilities

  • Heat Zones: 3
  • Electric Info: 100 Amps, Other (See Remarks)
  • Energy Features: Insulated Doors, Insulated Windows
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Unknown
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1920
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Rubber
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73535816
  • Last Updated: 06/20/26

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Map

Seller's Representative: Eugene L. Clements, Clements Realty Group
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

© 2026 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-06-20 03:30:00

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