
162 Washington St Lynn — Photo 1 of 38
Recent Drop: $50,000
$1,149,000
162 Washington St, Lynn, MA 01902
Lynn, MA 01902
Beds
11
Baths
3
SqFt
4,088
Style
3 Family - 3 Units Up/Down
Built
1890
Discover an exceptional investment opportunity with this expansive three-family property, offering outstanding income potential for both investors and owner-occupants alike. The first and second-floor units each feature four spacious bedrooms, beautifully renovated kitchen and 1 full bathroom with gleaming hardwood floors throughout. The third-floor residence offers three generously sized bedrooms, providing additional flexibility and strong rental appeal. Each unit has separate utilities, making ownership and property management even more convenient. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property presents an incredible opportunity to maximize cash flow while building long-term equity. Ideally situated near public transportation, restaurants, shopping and Lynn Beach. This property is what every renter is looking for!
Market Value Analysis
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Lynn, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Laundromat • House of Worship • Public School
Geography
Property History
$1,149,000
Was $1,199,000
Aug 4, 2026
MLS® 73546120
$1,199,000
Jul 7, 2026
MLS® 73546120
$750,000
Dec 11, 2025
MLS® 73431621
$750,000
Sep 16, 2025
MLS® 73431621
Population
50,066
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$67K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
63.1%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Essex County
1,060 housing units permitted in the last 12 months (-11% vs the prior 12 months) — 603 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: The Decotis Group
Listing Office: Lyv Realty
MLS® Number: 73546120
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