Active
8 Days on market
55 Rock Ave Lynn — Photo 1 of 37

55 Rock Ave Lynn — Photo 1 of 37

$1,800,000

55 Rock Ave, Lynn, MA 01902

Lynn, MA 01902

Beds

18

Baths

6

SqFt

7,785

Style

5-9 Family

Built

1900

Attention investors! First time on the market in almost 20 years! A substantial investment has been made to replace all six gas-fired heating systems, hot water tanks and common area upgrades in this well-maintained six-unit apartment building. Each oversized three-bedroom unit has separate utilities, and the property offers off-street parking and an established rent roll. Three units have recently undergone extensive renovations, including new bathrooms, refinished hardwood floors, fresh paint, and additional updates. All units have Letters of Deleading Compliance. Professionally maintained with significant recent improvements, this income-producing property offers a desirable unit mix and potential for future rental growth.

Key facts

It was listed on September 26, 2026. The annual property taxes are $12,925 (2026 tax year). It sits on a 0.11-acre (4,866 sq ft) lot.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$231/sqft
Local Avg (Lynn)$312/sqft
26% BelowMarket Average

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

Property Details

Financials

Original Price$1,800,000
Annual Taxes$12,925

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms30
FireplacesNone
FlooringHardwood
BasementFull, Interior Entry, Unfinished

Climate & Utilities

HeatingForced Air, Natural Gas
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
FoundationStone
ZoningR3

Property & Lot

Acres0.11
SqFt Lot4,866
Lot FeaturesCorner Lot

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Laundromat • Private School • Public School • Sidewalks

Geography

Questions about this home

When was 55 Rock Ave, Lynn listed?

55 Rock Ave, Lynn was listed on September 26, 2026.

Has the price of 55 Rock Ave, Lynn changed?

The price hasn't changed since it was listed at $1,800,000.

What are the property taxes for 55 Rock Ave, Lynn?

The annual property taxes for 55 Rock Ave, Lynn are $12,925 (2026 tax year).

How big is the lot at 55 Rock Ave, Lynn?

55 Rock Ave, Lynn sits on a 0.11-acre (4,866 sq ft) lot.

What is the status of 55 Rock Ave, Lynn?

55 Rock Ave, 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: Eugene L. Clements

Listing Office: Clements Realty Group

MLS® Number: 73582954