Multi-Family for Sale: 16 Hanover St, Lynn, MA 01902

8 beds
3 full baths
3,678 sqft
$879,000
$879,000
16 Hanover St, Lynn, MA 01902
8 beds
3 full baths
3,678 sqft
$879,000
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Price:
$879,000

Type Multi-Family
Beds 8
Total Baths 3 full baths
Square Feet 3,678 sqft
Lot Size 0.22 acres
Year Built 1880

City Lynn
County Essex

MLS 73250910
Status Pending
DOM 21 days
Welcome to this spacious 2-family home featuring an additional studio with a full bath, perfect for generating extra income or hosting guests. The first floor offers 2 bedrooms and 1 bath, while the second floor includes 5 bedrooms, one of which is designed as an office space, and 1 bath, equipped with modern amenities, including separate utilities for each unit. Both water heaters were installed in 2021, a water filtration system installed in 2018 services the entire property. Additionally, a brand-new heating system was installed in 2023. The roof is approximately 12 years old, ensuring durability and reliability. The basement provides ample space with sufficient height to stand around comfortably. The yard is expansive ready for your creative touch. The attached studio, currently operating as a licensed daycare center, presents a unique opportunity to run a small business from home. Conveniently located, this home combines comfort and practicality with the potential for monetization

Lot & Building Features

Heating Electric, Natural Gas
Sewer Public Sewer
Tax Year 2024
Taxes Paid $8,678
Water Public
Foundation Irregular, Stone
Roof Shingle
Full Baths 3
Parking Paved, Paved Drive
Total Rooms 14
Basement Feature Full, Unfinished, Interior Entry
Garage Spaces 0
Fireplaces 1
Waterfront 1/2 to 1 Mile To Beach, Ocean, Beach Ownership(Public), Beach Front

Price History of 16 Hanover St, Lynn, MA

Date Name Price Difference
06/12/2024 Listing Price $879,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$890,000
$253 / sqft
Average
$920,250
$253 / sqft
High
$965,000
$274 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Lynn 01902 8 3.0 $879,000 3,678 $239 N/A
150-152 Hamilton Ave Lynn 01902 9 3.0 $921,000 3,786 $243 06/21/2023
46 Whittier St Lynn 01902 7 3.0 $905,000 3,726 $243 11/27/2023
13 Adams Ct Lynn 01902 8 4.0 $890,000 3,523 $253 12/07/2023
13 Adams Ct Lynn 01902 8 4.0 $965,000 3,525 $274 05/01/2024

Map of 16 Hanover St, Lynn, MA

Location Map Street View
Photo of Celine Frechette
Direct: 603-770-4595
Office
240 Ocean Blvd
Seabrook Beach, NH 03874
603-474-3401
Listed by Compass, The Movement Group
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16 Hanover St (MLS #73250910) is a multi-family listing located in Lynn, MA. This multi-family listing is 3,678 sqft and on a lot of 9,604 sqft (or 0.22 acres) with 8 bedrooms, 3 baths and is 144 years old. This property was listed on 06/12/2024 and has been priced for sale at $879,000.

The 7 bedroom multi-family listing at 46 Whittier St in Lynn is nearby and sold for $905,000 on 11/27/2023. Another nearby 9 bedroom multi-family listing, 150-152 Hamilton Ave in Lynn sold for $921,000 on 06/21/2023.

Nearby zip codes are 01901, 01904, 01905, 01907 and 02151. This property neighbors other cities such as Peabody, Revere, Salem, Saugus and Swampscott.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Compass

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.