Rare opportunity to acquire an 62-unit, five-property multifamily portfolio concentrated within one of Lynn's established residential neighborhoods: 44 & 38 Estes Street, 8-10 & 12-14 Fortesque Street and 32 Chestnut Street. Unit mix is primarily one-bedrooms, with select two-bedroom and studio units. Properties are professionally maintained with a history of capital improvements; several offer on-site parking and laundry facilities. Current vacancy provides clear lease-up and rent optimization upside, while occupied units generate stable in-place income. Close proximity of assets allows for centralized leasing, management, and maintenance. Attractive assumable financing available under a portfolio loan--ask listing agent for more details. A rare offering combining scale, stable cash flow, value-add potential, and below-market financing on Boston's North Shore.
| MLS Listing ID: | 73549418 |
|---|---|
| Listing Price: | $13,299,000 |
| Listing Status: | New [?] |
| Property Type: | Multi Family |
| Bedrooms: | 64 |
| Full Baths: | 62 |
| Living Space: | 42486 sf. |
| Lot Size: | 0.58 acres (25221 sf.) |
| Parking: | Yes |
| Taxes: | $9.00 |
| Tax Year: | 2026 |
Listing Current as of July 16, 2026 12:00pm
This listing brought to you by Daniel Alper of Boston Realty Advisors.
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