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40 Hamilton Ave, Lynn, MA, 01902

7beds
3baths
3,274sqft
$1,000,050
$305price/sqft
$6,970/moest. monthly cost
$278,800/yrincome needed

About This Home

3-Unit Investment at 40 Hamilton Ave, Lynn! Fantastic opportunity for investors or owner-occupants—this multi-unit offers strong rental income potential with 3 units ready to generate cash flow. Benefit from ample off-street parking and a large backyard, a rare find perfect for tenants and added value. Ideally located near public transportation, commuter routes, shopping, dining, and Lynn’s vibrant downtown, with easy access to Boston—making it highly attractive for renters. Whether you’re expanding your portfolio or looking to live in one unit while collecting rents, this property delivers income, convenience, and long-term upside.

Getting Around

84
WalkingVery Walkable
46
TransitSome Transit
35
BikeSomewhat Bikeable

Schools

3/10
Cobbet Elementary SchoolGrades K-50.3 mi
1/10
Lynn English High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1918

Materials

  • Foundation: Stone
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: 3 Family - 3 Units Up/Down

Interior

Appliances

  • Appliances included: Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Full,Walk-Out Access,Concrete,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • High Speed Internet,Bathroom With Tub,Living Room,Kitchen
  • Window features: Insulated Windows
  • Flooring: Tile,Hardwood
  • Finished area above ground: 3,274

Interior Area

  • Total structure area: 3,274
  • Total interior livable area: 3,274 sqft

Property

Details

  • Parcel number: 2003984
  • Zoning: R2

Features

  • Patio & porch: Porch
  • Exterior features: Balcony/Deck,Balcony
  • Fencing: Fenced/Enclosed

Lot

  • Lot size: 6,199 sqft

Parking

  • Total spaces: 9
  • Parking features: Paved Drive,Off Street,Paved
  • Has uncovered spaces: Yes
  • Uncovered spaces: 9