199 Lynn St Peabody MA 01960 MLS #73373873

199 Lynn St
Peabody, MA, 01960
$875,000
5 Beds
4 Baths
3,296 SqFt
0.28 Acres
$875,000
199 Lynn St
Peabody, MA, 01960
First time on the market in over 45 years! This special multifamily residence has been cherished and meticulously maintained by the same owners for more than four decades. Set on breathtaking professionally landscaped grounds, the property offers a rare blend of space, versatility, and pride of ownership. Each of the two generous units features two full bathrooms, in-unit laundry, and separately metered utilities, making it ideal for both owner-occupants and savvy investors. Unit 1 enjoys exclusive access to the full basement—perfect for additional storage, hobbies, or future expansion. Unit 2 offers access to the attic, providing even more space and flexibility. Whether you’re drawn in by the serene outdoor setting or the solid interior layout, this property offers the perfect canvas for your next chapter. Don’t miss this unique opportunity to own a home where care, comfort, and potential come together.

Property Details

Price:
$875,000
MLS #:
73373873
Status:
Pending
Beds:
5
Baths:
4
Address:
199 Lynn St
Type:
Multi Family
City:
Peabody
Listed Date:
May 13, 2025
State:
MA
Finished Sq Ft:
3,296
Total Sq Ft:
3,296
ZIP:
01960
Lot Size:
12,097 sqft / 0.28 acres (approx)
Year Built:
1920
Units:
2

Schools

Interior

Appliances
Range, Dishwasher, Disposal, Refrigerator, Microwave
Bathrooms
4 Full Bathrooms
Cooling
None
Fireplaces Total
4
Flooring
Carpet, Hardwood
Heating
Baseboard, Natural Gas
Laundry Features
Washer Hookup, Dryer Hookup

Exterior

Community Features
Shopping, Tennis Court(s), Park, Walk/ Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
Construction Materials
Frame
Exterior Features
Balcony/ Deck
Parking Features
Paved Drive, Off Street
Parking Spots
6
Roof
Shingle

Financial

Net Operating Income
$33,600
Tax Year
2025
Taxes
$6,926
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

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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Courtesy of LAER Realty Partners. 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.
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199 Lynn St
Peabody, MA