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$1,195,000
Total Beds: 4 Total Baths: 2
Total Units: 2 SQFT: 2568
LOT size: 0.46 Acres
62-64 Lincoln Ave
Lynnfield, MA 01940
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Property Description

An exceptional and rare opportunity to own a fully renovated, townhouse-style two-family residence in one of Lynnfield’s most tranquil, single-family neighborhoods near the town center. This is the first multifamily property to come to market in Lynnfield in over two years! A compelling option for owner-occupants seeking supplemental rental income, investors pursuing a turnkey cash-flowing asset, or those seeking a multigenerational living arrangement. Each impeccably designed townhouse unit offers 2 bedrooms, 1 full bath, gleaming hardwood floors, in-unit laundry, walkout basements, and gorgeous, modern finishes throughout. Situated on a generous lot, the home boasts an expansive deck, a spacious yard, and a detached two-car garage with a full second level—ideal for storage, workshop, or potential to make a finished space. A truly distinctive property offering flexibility, strong investment value, and endless possibilities! Offer deadline 6/2 at 3pm.

Property Details

Building Information

  • Total Units: 2
  • Total Floors: 4
  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Amenities: Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public School, Shopping, Tennis Court, Walk/Jog Trails
  • Basement Features: Concrete Floor, Full, Unfinished Basement, Walk Out
  • Common Rooms: Dining Room, Family Room, Kitchen, Living Room, Office/Den
  • Common Interior Features: Bathroom With Tub & Shower
  • Common Appliances: Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer, Washer Hookup
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Common Cooling: Central Air, None

Financial

  • APOD Available: No
  • Gross Operating Income: 36000
  • Net Operating Income: 36000

Utilities

  • Heat Zones: 2
  • Electric Info: Circuit Breakers, Underground
  • Utility Connections: for Gas Dryer, for Gas Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: On-Site, Private Sewerage

Unit 1 Description

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

Unit 2 Description

  • Included in Rent: Other (See Remarks)
  • Under Lease: No
  • Floors: 1
  • Levels: 2

Construction

  • Year Built: 1890
  • Type: 2 Family - 2 Units Side by Side
  • Foundation Info: Fieldstone
  • Roof Material: Asphalt/Composition Shingles
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73380292
  • Last Updated: 06/03/25

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Map

Seller's Representative: Caroline Bramhall, Churchill Properties
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 2025-06-03 15:52:00