Duplex with Walk-Out
44 Birch Street, Lynn, MA 01902
For Sale
New
$725,000
Hardwood flooring, natural gas heat, and a fenced yard complement the two-unit residential layout.
Property Size1,736 SF
Price / SF$417.63
Days on Market6
Property Features for 44 Birch Street
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
hardwood floors
natural gas heating
off-street parking
fenced yard
full walk-out basement
additional storage
Building Details
Building Size
Year Built
Listing Agency:
Carlton's Wharf & Co.
Listed By:
Andrea Perez
(781) 309-8373
Source:
Bostonluxurysuburbs
Added: Nov 4
Changed: Nov 7
Last Checked: Nov 8 at 3:41PM
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 Carlton's Wharf & Co.
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Investment Insights
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This 1920-built duplex contains two units with a combined 1,736 square feet, four bedrooms, and two full bathrooms. Interior features include hardwood flooring and natural gas heating. A full walk-out basement adds storage, while the property also has a fenced yard and off-street parking. The building is currently tenant-occupied, and showings require 48 hours’ advance notice.
The property is in East Lynn, near Lynn Beach, shopping, dining, and major commuter routes.
The property is in East Lynn, near Lynn Beach, shopping, dining, and major commuter routes.
Key Highlights
- Two residential units with a combined 4 bedrooms and 2 full bathrooms
- 1,736 square feet of living space
- Full walk‑out basement with additional storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,891
Cap Rate
4.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$697,820
$697.8K
Cap Rate 7%
$498,443
$498.4K
Cap Rate 9%
$387,678
$387.7K
Market Conditions
NOI Build-Up for 1,736 SF
Gross rent
$53.1K $30.60/SF
− Vacancy
−$3.3K −$1.89/SF
EGI
$49.8K $28.71/SF
− OpEx
−$15.0K −$8.61/SF
NOI
$34.9K $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%
$697,820
Cap Rate 7%
$498,443
Cap Rate 9%
$387,678
Alternative Uses
Best Use
Multifamily LT 5
$498.4K
$436.1K – $581.5K
NOI $34,891 @ 7.0% cap · market cap 4.81%
Second Best
Apartment 5plus
$433.1K
$379.0K – $505.3K
NOI $30,317 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$614.2K
$537.5K – $716.6K
NOI $42,997 @ 7.0% cap · market cap 5.93%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
881
Businesses Nearby
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Business Placement
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
$456,000
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Lynn, MA
Properties on Market for Duplexes in Lynn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Hardwood flooring, natural gas heat, and a fenced yard complement the two-unit residential layout.
Where is this duplex located?
The property is located at 44 Birch Street Lynn, MA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Two residential units with a combined 4 bedrooms and 2 full bathrooms; 1,736 square feet of living space; Full walk‑out basement with additional storage
