Two-Family
105 Lawton Avenue Lynn, MA 01902
105 Lawton Avenue, Lynn, MA, 01902
$740,000
For Sale
$740,000
Two-unit home with hardwood floors, high ceilings, and a paved driveway with four off-street parking spaces.
Property Size1,870 SF
Price / SF$395.72
Days on Market386
Property Features for 105 Lawton Avenue
General Information
- Standard status
- Active
- Size
- 1,870 SF
- Property subtype
- Multi-family / 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1900
Listing agency
Toner Real Estate, LLC
(781) 780-9054
Listed by
Anna Budai-Louf · License #9574876
(781) 780-9054
Source
Compass
Added: Jul 2, 2025 Updated: Jul 20 at 5:08PM Checked: Jul 21 at 8:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Toner Real Estate, LLC
Investment Insights
Based on property information with market context.
This two-family residence offers two distinct units over two floors. Unit 1 includes a large living room with fireplace, a spacious eat-in kitchen, two bedrooms, and a full bath. Unit 2 features a living room, sunny eat-in kitchen, two bedrooms, and a full bath. Both units are described as having hardwood floors and high ceilings, and Unit 2 includes stainless steel appliances. Recent updates include brand new electrical panels and water heaters.
The property is located in Lynn, MA, and is described as being minutes to the beach, schools, public transportation, shopping, restaurants, and other local amenities.
A paved driveway provides parking for up to four vehicles. The first floor is being delivered vacant, supporting owner-occupant or investor use.
The property is located in Lynn, MA, and is described as being minutes to the beach, schools, public transportation, shopping, restaurants, and other local amenities.
A paved driveway provides parking for up to four vehicles. The first floor is being delivered vacant, supporting owner-occupant or investor use.
Key Highlights
- Two‑family home with 3 full baths and 1 fireplace
- Hardwood floors and high ceilings, with tile and laminate flooring throughout
- First floor: large fireplaced living room, spacious eat‑in kitchen, 2 bedrooms, full bath; delivered vacant
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.2k | $30.60 |
| − Vacancy | −$3.5k | −$1.89 |
| EGI | $53.7k | $28.71 |
| − OpEx | −$16.1k | −$8.61 |
| NOI | $37.6k | $20.10 |
1,870 SF · lease $30.60/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$536.9K
$469.8K – $626.4K
NOI $37,584 @ 7.0% cap · market cap 5.08%
Second Best
Apartment 5plus
$466.5K
$408.2K – $544.3K
NOI $32,658 @ 7.0% cap · market cap 4.41%
Theoretical Best
Office A
$661.7K
$579.0K – $771.9K
NOI $46,316 @ 7.0% cap · market cap 6.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Norlie Finds
Department Store
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FAQs
What type of property is this?
Duplex - Two-unit home with hardwood floors, high ceilings, and a paved driveway with four off-street parking spaces.
Where is this duplex located?
The property is located at 105 Lawton Avenue Lynn, MA.
What is the asking price?
The asking price for this property is $740,000.
What are key features of this property?
This property features: Two‑family home with 3 full baths and 1 fireplace; Hardwood floors and high ceilings, with tile and laminate flooring throughout; First floor: large fireplaced living room, spacious eat‑in kitchen, 2 bedrooms, full bath; delivered vacant
