Renovated Third-Floor Unit
For Sale
$849,900
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.
Property Size2,779 SF
Price / SF$305.83
Days on Market94
Property Features for 12 Linwood Pl
General Information
Standard status
Active
Size
2,779 SF
Property subtype
3 Family - 3 Units Up/Down
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
(978) 998-9600
Source:
Iverty
Added: Jul 28
Changed: Oct 29
Last Checked: Oct 28 at 8:11AM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$55,853
Cap Rate
6.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,117,060
$1.1M
Cap Rate 7%
$797,900
$797.9K
Cap Rate 9%
$620,589
$620.6K
Market Conditions
NOI Build-Up for 2,779 SF
Gross rent
$85.0K $30.60/SF
− Vacancy
−$5.2K −$1.89/SF
EGI
$79.8K $28.71/SF
− OpEx
−$23.9K −$8.61/SF
NOI
$55.9K $20.10/SF
Area
Lynn, MA
Vacancy
6.17%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,117,060
Cap Rate 7%
$797,900
Cap Rate 9%
$620,589
Alternative Uses
Best Use
Multifamily LT 5
$797.9K
$698.2K – $930.9K
NOI $55,853 @ 7.0% cap · market cap 6.57%
Second Best
Apartment 5plus
$693.3K
$606.7K – $808.9K
NOI $48,532 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$983.3K
$860.4K – $1.15M
NOI $68,830 @ 7.0% cap · market cap 8.10%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
698
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
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 $849,900.
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
