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7 Days on Jacob RealtyPrice Reduced $150,000
22
$950,000
Total Beds: 10 Total Baths: 3
Total Units: 3 SQFT: 4432
LOT size: 0.07 Acres
2 Mace Pl
Lynn, MA 01902
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Property Description

Exceptional opportunity to own a well-maintained three-family in Lynn's highly desirable Diamond District, less than one-half mile from the beach. This spacious property offers over 4,400 square feet of living space with three large apartments featuring high ceilings, original character, and functional layouts. The first and second floor units each offer 3 bedrooms, while the third floor features a 4-bedroom apartment with an additional office/den. Additional highlights include two off-street parking spaces, private porches and decks, and a basement with two additional rooms and a full bath, offering excellent flexible space. The property also includes enclosed storage areas, adding valuable utility for owners and tenants alike. A rare opportunity to own a substantial multifamily property in one of Lynn's most sought-after neighborhoods with convenient access to beaches, restaurants, public transportation, and commuter routes. Lead compliance certificates are available for all 3 units.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 10
  • Total Full Baths: 3
  • Amenities: Public Transportation
  • Basement Features: Full
  • Common Rooms: Kitchen, Living Room, Office/Den
  • Common Interior Features: Tile Floor
  • Common Appliances: Range, Refrigerator, Washer Hookup
  • Common Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 78600
  • Gross Expenses: 17761
  • Electric Expenses: 600
  • Water/Sewer: 3600
  • INSC: 6361
  • Miscellaneous Expense: 1000
  • Net Operating Income: 60839

Utilities

  • Heat Zones: 3
  • Electric Info: Circuit Breakers, Underground
  • Utility Connections: Washer Hookup, for Electric Dryer, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1910
  • Type: 3 Family
  • Foundation Info: Brick, Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Vinyl, Wood
  • Lead Paint: Certified Treated, Unknown
  • Warranty: No

Other Information

  • MLS ID# 73556663
  • Last Updated: 08/25/26

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Map

Seller's Representative: DalBon & Company, Keller Williams Realty Evolution
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-08-25 15:46:00