$974,900
741 Salem Street
Lynnfield, MA, 01940
A RARE OPPORTUNITY! NEWLY RE-ZONED SINGLE FAMILY HOME NOW A 2 FAMILY this unique owner occupied property offers outstanding flexibility for both owner occupants & investors. Originally a single-family home, it has been thoughtfully reconfigured while maintaining its character & charm.1st floor apartment features 4 rooms w/a spacious 1BR layout bright and dramatic living .2nd apartment spans the 2nd & 3rd floors, The impressive third floor showcases soaring ceilings w/ exposed beams,creating a bright & dramatic living space, along w/finished storage areas that provide exceptional versatility.Whether you’re looking for rental income, multi-generational living, or an owner-occupied investment, this newly rezoned two-family presents a rare opportunity with spacious layouts and endless potential. Detached expanded garage with attached 2nd bay Beautiful oversized almost 3/4 acre level lot 4 BR septic Roof approx 6 years 1st floor kitchen needs re- freshening. What makes this home truly special is its remarkable architectural character & timeless craftsmanship.exposed beamed ceilings, and three beautiful fireplace mantels create warmth & elegance throughout. A stunning round turret wrapped in windows,This is more than a home it’s a property w/ character, history, & a presence that simply cannot be replicated.
Property Details
Price:
$974,900
MLS #:
73560327
Status:
Active
Beds:
3
Baths:
2.5
Type:
Multi Family
Listed Date:
Aug 6, 2026
Finished Sq Ft:
3,648
Total Sq Ft:
3,648
Lot Size:
28,671 sqft / 0.66 acres (approx)
Year Built:
1890
Units:
2
Schools
Interior
Above Grade Finished Area
3648
Appliances
Range, Refrigerator
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Window Unit(s), None
Flooring
Wood, Tile, Laminate, Hardwood, Carpet, Stone/Ceramic Tile
Interior Features
Bathroom with Shower Stall, Cathedral/Vaulted Ceilings, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Family Room
Levels
3
Exterior
Community Features
Shopping, Park, Golf, Highway Access, House of Worship, Private School, Public School
Construction Materials
Frame
Covered Spaces
2
Garage Spaces
2
Lot Features
Level
Open Parking Spaces
8
Open Parking YN
1
Parking Features
Paved Drive
Parking Spots
10
Parking Total
10
Roof
Shingle
Stories
3
Window Features
Insulated Windows, Storm Window(s)
Financial
Tax Year
2025
Taxes
$13,743
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 Lynnfield as of Aug 06, 2026
1
Multi Family Listed
0
Avg DOM
267
Avg $ / SqFt
$974,900
Avg List Price
Community
- Address741 Salem Street Lynnfield MA
- CityLynnfield
- CountyEssex
- Zip Code01940
Subdivisions in Lynnfield
Similar Listings Nearby
Property Summary
- 741 Salem Street Lynnfield MA is a Multi Family for sale in Lynnfield, MA, 01940. It is listed for $974,900 To schedule a showing of MLS#73560327 at 741 Salem Street in Lynnfield, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of RE/MAX Property Shoppe, Inc.. 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.
741 Salem Street
Lynnfield, MA