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Active
83 Days on market
44 Estes Street Portfolio Lynn — Photo 1 of 34

44 Estes Street Portfolio Lynn — Photo 1 of 34

$13,299,000

44 Estes Street Portfolio, Lynn, MA 01902

Lynn, MA 01902

Beds

64

Baths

62

SqFt

42,486

Style

5+ Family - 5+ Units Up/Down

Built

1926

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.

Key facts

It was listed on July 14, 2026. It sits on a 0.58-acre (25,221 sq ft) lot.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$313/sqft
Local Avg (Lynn)$303/sqft
3% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Lynn, MA.

Property Details

Financials

Original Price$13,299,000
Annual Taxes$9

Parking

Garage0
Off-Street15

Interior Specifications

Total Rooms99
FireplacesNone
Flooring--
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Brick, See Remarks
RoofRubber, Other
FoundationOther
Zoning9

Property & Lot

Acres0.58
SqFt Lot25,221
Lot FeaturesOther

Geography

Questions about this home

When was 44 Estes Street Portfolio, Lynn listed?

44 Estes Street Portfolio, Lynn was listed on July 14, 2026.

Has the price of 44 Estes Street Portfolio, Lynn changed?

The price hasn't changed since it was listed at $13,299,000.

How big is the lot at 44 Estes Street Portfolio, Lynn?

44 Estes Street Portfolio, Lynn sits on a 0.58-acre (25,221 sq ft) lot.

What is the status of 44 Estes Street Portfolio, Lynn?

44 Estes Street Portfolio, Lynn is actively listed for sale.

Population

50,066

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$67K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

63.1%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

1,060 housing units permitted in the last 12 months (-11% vs the prior 12 months) — 603 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Daniel Alper

Listing Office: Boston Realty Advisors

MLS® Number: 73549418