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$13,299,000

Active

44 Estes Street Portfolio

Lynn, MA, 01902

Multi-Family · MLS #73549418

Price/sqft

$313

Days on market

8 days

Year built

1926

Lot size

0.58 ac

42,486 sq ft

Sq Ft

0.58 acres

Lot

1926

Year Built

Taxes: $9 (2026)

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

Road type
Public, Publicly Maint., Dead End
Basement
Full, Exterior Access
Electric
Other (See Remarks)

Listed by Daniel Alper · Boston Realty Advisors

Schedule a showing

44 Estes Street Portfolio

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$73,912 / month

Down payment20% · $2,659,800
Interest rate6.66%

Loan term

Principal & interest
$68,370
Property tax
$1
Home insurance
$5,541

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.

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