3 Family at 7 Ward St., Lynn MA 01902, Lynn
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$899,999

7 Ward St., Lynn MA 01902
Lynn, MA 01902
Listed by Vincent Rizzo
Bedrooms
5
Bathrooms
3
Living area
2,141 sqft
Year built
1900

About this home

A rare turnkey 3-family investment opportunity moments from the desirable East Lynn neighborhood. Completely gut-renovated in approximately 2017 and meticulously maintained, this fully sprinklered property features two spacious 2-bedroom/1-bath units and one 1-bedroom/1-bath unit — each thoughtfully updated with modern kitchens and bathrooms, hardwood flooring, and open-concept living and dining layouts. Additional highlights include a generous backyard, off-street parking, and strong rental demand in one of the North Shore's most rapidly growing markets. Ideally situated approximately 1.5 miles from the beautiful Kings Beach and just minutes from the MBTA Commuter Rail station in Lynn — with convenient access to Swampscott and the broader North Shore corridor. Whether you are an end user or a seasoned investor, this is a truly turnkey asset offering immediate income potential and exceptional long-term upside. Opportunities like this don't come along often.

Property details

MLS #
73549163
Property type
3 Family
Subdivision
N/A
Status
Active
Days on market
86
On market date
July 14, 2026
Stories
3
Total bathrooms
3
Garage spaces
N/A
Parking spaces
2
Lot size
0.08 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Robert L Ford
0.26 mi away · Grades 1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
447
Student:teacher ratio
12.8:1
District
Lynn
Middle
Thurgood Marshall Mid
0.68 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,275
Student:teacher ratio
13.6:1
District
Lynn
High
Lynn English High
0.27 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
2,165
Student:teacher ratio
17.6:1
District
Lynn

Walkability

Blended score for Lynn's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

86
Highly walkable
out of 100
EPA National Walkability Index
15.3 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies9

Market position

How this listing compares to current activity in Lynn, from live MLS data.

On the market 86 days -- 5 more days than Lynn's current average of 81 days.
For reference, the median list price across 686 active listings in Lynn right now is $169,450.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$5,570/mo
$180,000 down
$719,999 loan
Principal & interest$4,670
Property tax (est.)$750
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 21 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.