Search
Two-Family Residence
For Sale
$740,000

105 Lawton Avenue, Lynn, MA 01902

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 Market514

Property Features for 105 Lawton Avenue

General Information

Standard status Active
Size 1,870 SF
Total Parking Spaces 4
Property subtype Multi-family

Additional Details

Multifamily Units 2

Building Details

Year Built 1900
Stories 2
Listing Agency: Toner Real Estate,LLC
Listed By: Anna Budai-Louf · License #9574876
Source: Hammondre
Added: May 10, 2025 Changed: Oct 5 Last Checked: Oct 3 at 2:24AM

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.

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

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,584
Cap Rate
5.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$751,680 $751.7K
Cap Rate 7%
$536,914 $536.9K
Cap Rate 9%
$417,600 $417.6K
Market Conditions
NOI Build-Up for 1,870 SF
Gross rent
$57.2K $30.60/SF
− Vacancy
−$3.5K −$1.89/SF
EGI
$53.7K $28.71/SF
− OpEx
−$16.1K −$8.61/SF
NOI
$37.6K $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%
$751,680
Cap Rate 7%
$536,914
Cap Rate 9%
$417,600

Alternative Uses

Best Use
Multifamily LT 5
$536.9K
$469.8K – $626.4K (±1% cap)
NOI $37,584 @ 7.0% cap · market cap 5.08%
Second Best
Apartment 5plus
$466.5K
$408.2K – $544.3K (±1% cap)
NOI $32,658 @ 7.0% cap · market cap 4.41%
Theoretical Best
Office A
$661.7K
$579.0K – $771.9K (±1% cap)
NOI $46,316 @ 7.0% cap · market cap 6.26%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Norlie Finds Department Store

Suggested Use

Top Pick Parking Lot & Garage Tech Support Center Acupuncture Real Estate Agency Computer & Electronic Repair Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,248
Businesses Nearby

Demographics for 01902, MA

50,725
Population
19,655
Households
2.6
Avg Household Size
35
Median Age
20%
College-Educated
75%
High-School Grad
2.4 sq mi
ZIP Area
21,135
Density / Sq Mi
$66,755
Median Household Income
$39,506
Median Earnings
$1,571
Median Rent
$456,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

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
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again