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    2 Peirce Rd Lynn, MA 01902

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    For Sale
    $1,199,999

    Spacious three-family home in Lynn's Diamond District, steps from the ocean.

    Lot size:
    0.09 Acres

    Property Features for 2 Peirce Rd

    General Information

    Lot size
    0.09 Acres

    Building Details

    Year built
    1920

    Source: William Raveis R.E. & Home Services Agent Sean K Connelly

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Legal Three-Family Home Near Ocean

    This legal three-family property is located in the Diamond District and offers 3,064 square feet of living space. The owner's residence spans two levels and features natural light, high ceilings, and hardwood floors. The renovated kitchen and two private ocean-view decks enhance the living experience. This unit includes four bedrooms, two renovated bathrooms, and a 9x12 laundry room, situated on the second and third floors. The first-floor residence features a renovated kitchen, period details, high ceilings, one bedroom, and 1.5 bathrooms, along with a front porch. A two-room studio is located on the ground level. The property is located steps from Lynn Shore Drive Promenade, Kings Beach, and Red Rock Park.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lynn
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9259547
    Latitude
    42.4657526

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    FAQs

    What type of property is this?
    Triplex - Spacious three-family home in Lynn's Diamond District, steps from the ocean.
    Where is this triplex located?
    The property is located at 2 Peirce Rd Lynn, MA.
    What is the asking price?
    The asking price for this property is $1,199,999.
    What are key features of this property?
    This property features: - Legal 3-family home in the Diamond District.; - 3,064 sqft of living space with potential.; - Owner's residence features **2 levels, 4 bedrooms, 2 renovated baths, and 2 private ocean-view decks.**
    (781) 910-6261
    Request Owner's contact information
    2 Peirce Rd Lynn, MA 01902
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    Lynn, MA 01902
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 Peirce Rd Lynn, MA 01902
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