$1,100,000
22 Reed St
Lynn, MA, 01905
Exceptional WATERFRONT investment opportunity in Lynn! This triple-decker, set on a DOUBLE SIZED LOT offers three spacious levels of living, each with 2 bedrooms, 1 full bath and their own private decks, creating an appealing blend of traditional New England character and functional multi-family living. Outside, the property truly distinguishes itself. The oversized lot offers an abundance of room for outdoor enjoyment, while a detached two-car garage and additional off-street parking spaces provide a level of parking rarely found with multi-family properties. A full basement adds valuable storage and utility space. Whether you’re an investor seeking a substantial income-producing asset or an owner-occupant looking to offset housing costs with rental income, this property offers an impressive foundation and considerable potential. Conveniently located in Lynn’s Austin Square neighborhood, with easy access to local shops, restaurants, parks, schools, public transportation, and the amenities of the North Shore and Greater Boston, a property of this size and lot profile is a compelling opportunity to own a truly substantial multi-family asset in Lynn. Property to be conveyed vacant. Buyer and buyer’s agent to perform their own due diligence regarding zoning, permitted uses, rental history, and all property information. Showings begin Saturday, October 31!
Property Details
Price:
$1,100,000
MLS #:
73596753
Status:
Active
Beds:
6
Baths:
3
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
Listed Date:
Oct 29, 2026
Finished Sq Ft:
3,239
Total Sq Ft:
3,239
Lot Size:
14,283 sqft / 0.33 acres (approx)
Year Built:
1920
Units:
3
Schools
Interior
Above Grade Finished Area
3239
Bathrooms
3 Full Bathrooms
Flooring
Wood, Tile, Carpet
Laundry Features
Washer Hookup
Levels
3
Exterior
Construction Materials
Frame
Covered Spaces
2
Garage Spaces
2
Lot Features
Level
Open Parking Spaces
6
Open Parking YN
1
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
8
Parking Total
8
Stories
3
Waterfront Features
Waterfront, River
Financial
Tax Year
2026
Taxes
$9,182
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Multi Family in Lynn as of Nov 08, 2026
61
Multi Family Listed
149
Avg DOM
307
Avg $ / SqFt
$1,484,537
Avg List Price
Community
- Address22 Reed St Lynn MA
- CityLynn
- CountyEssex
- Zip Code01905
Subdivisions in Lynn
Similar Listings Nearby
Property Summary
- 22 Reed St Lynn MA is a Multi Family for sale in Lynn, MA, 01905. It is listed for $1,100,000 To schedule a showing of MLS#73596753 at 22 Reed St in Lynn, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of eXp Realty. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
22 Reed St
Lynn, MA