Renovated Third-Floor Unit
New
For Sale
$969,900
12 Linwood Pl, Lynn, MA 01905
Well-maintained three-family home with separate utilities, a fenced yard, and off-street parking on a private dead-end street.
Days on Market3
Property Features for 12 Linwood Pl
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Utilities to Site
Yes
Amenities
separate utilities for each unit
fenced-in yard
Building Details
Building Size
2,779 SF
Year Built
1900
Tenancy
Multi
Listing Agency:
Clements Realty Group
(781) 595-9600
Listed By:
Eugene L. Clements
Source:
Classifiedrealtygroup
Added: Jul 28
Changed: Jul 29
Last Checked: Jul 30 at 2:28AM
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 Clements Realty Group
Investment Insights
Based on property information with market context.
This well-maintained three-family triplex features a tastefully renovated third-floor unit. Each unit has separate utilities, supporting independent metering and tenant-ready setups. The property also includes a fenced-in yard and ample off-street parking for residents and guests. Built in 1900, the home is positioned for use by an owner-occupant in the renovated unit or for rental occupancy across all three levels.
The residence is located on a private dead-end street in the Lower Pine Hill neighborhood of Lynn, MA. It is convenient to shopping, restaurants, public transportation, and major commuter routes, offering practical day-to-day access for future occupants.
Overall, the layout and utility separation are key considerations for tenants and owners looking for straightforward, unit-by-unit living arrangements while keeping outdoor space and parking on site.
The residence is located on a private dead-end street in the Lower Pine Hill neighborhood of Lynn, MA. It is convenient to shopping, restaurants, public transportation, and major commuter routes, offering practical day-to-day access for future occupants.
Overall, the layout and utility separation are key considerations for tenants and owners looking for straightforward, unit-by-unit living arrangements while keeping outdoor space and parking on site.
Key Highlights
- Tastefully renovated third‑floor unit in a three‑family triplex
- Separate utilities for each unit
- Fenced‑in yard
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 | $85.0k | $30.60 |
| − Vacancy | −$5.2k | −$1.89 |
| EGI | $79.8k | $28.71 |
| − OpEx | −$23.9k | −$8.61 |
| NOI | $55.9k | $20.10 |
2,779 SF · lease $30.60/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$797.9K
$698.2K – $930.9K
NOI $55,853 @ 7.0% cap · market cap 5.76%
Second Best
Apartment 5plus
$693.3K
$606.7K – $808.9K
NOI $48,532 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$983.3K
$860.4K – $1.15M
NOI $68,830 @ 7.0% cap · market cap 7.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
698
Businesses Nearby
Explore this area
Business Placement
Demographics for 01905, MA
27,761
Population
9,583
Households
2.9
Avg Household Size
34
Median Age
21%
College-Educated
79%
High-School Grad
3.1 sq mi
ZIP Area
8,955
Density / Sq Mi
$84,341
Median Household Income
$42,983
Median Earnings
$1,749
Median Rent
$443,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Well-maintained three-family home with separate utilities, a fenced yard, and off-street parking on a private dead-end street.
Where is this triplex located?
The property is located at 12 Linwood Pl Lynn, MA.
What is the asking price?
The asking price for this property is $969,900.
What are key features of this property?
This property features: Tastefully renovated third‑floor unit in a three‑family triplex; Separate utilities for each unit; Fenced‑in yard
