44 Estes Street Portfolio, Lynn MA 01902
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34 photos

$13,299,000

44 Estes Street Portfolio, Lynn MA 01902
Lynn, MA 01902
Listed by Daniel Alper
Bedrooms
64
Bathrooms
62
Living area
42,486 sqft
Year built
1926

About this home

Rare opportunity to acquire an 62-unit, five-property multifamily portfolio concentrated within one of Lynn's established residential neighborhoods: 44 & 38 Estes Street, 8-10 & 12-14 Fortesque Street and 32 Chestnut Street. Unit mix is primarily one-bedrooms, with select two-bedroom and studio units. Properties are professionally maintained with a history of capital improvements; several offer on-site parking and laundry facilities. Current vacancy provides clear lease-up and rent optimization upside, while occupied units generate stable in-place income. Close proximity of assets allows for centralized leasing, management, and maintenance. Attractive assumable financing available under a portfolio loan--ask listing agent for more details. A rare offering combining scale, stable cash flow, value-add potential, and below-market financing on Boston's North Shore.

Property details

MLS #
73549418
Property type
5+ Family - 5+ Units Up/Down
Subdivision
N/A
Status
Active
Days on market
37
On market date
July 14, 2026
Stories
2
Garage spaces
N/A
Lot size
0.58 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
E J Harrington
0.17 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
637
Student:teacher ratio
11.6:1
District
Lynn
Middle
Thurgood Marshall Mid
0.51 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
0.91 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

Mortgage calculator

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Est. monthly payment
$80,238/mo
$2,659,800 down
$10,639,200 loan
Principal & interest$69,006
Property tax (est.)$11,083
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated July 18, 2026.

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.