
7 Ward St. Lynn — Photo 1 of 12
Recent Drop: $25,001
$899,999
7 Ward St., Lynn, MA 01902
Lynn, MA 01902
Beds
5
Baths
3
SqFt
2,141
Style
3 Family
Built
1900
A rare turnkey 3-family investment opportunity moments from the desirable East Lynn neighborhood. Completely gut-renovated in approximately 2017 and meticulously maintained, this fully sprinklered property features two spacious 2-bedroom/1-bath units and one 1-bedroom/1-bath unit — each thoughtfully updated with modern kitchens and bathrooms, hardwood flooring, and open-concept living and dining layouts. Additional highlights include a generous backyard, off-street parking, and strong rental demand in one of the North Shore's most rapidly growing markets. Ideally situated approximately 1.5 miles from the beautiful Kings Beach and just minutes from the MBTA Commuter Rail station in Lynn — with convenient access to Swampscott and the broader North Shore corridor. Whether you are an end user or a seasoned investor, this is a truly turnkey asset offering immediate income potential and exceptional long-term upside. Opportunities like this don't come along often.
Market Value Analysis
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Lynn, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Property History
$899,999
Was $925,000
Sep 11, 2026
MLS® 73549163
$925,000
Jul 14, 2026
MLS® 73549163
$940,000
Jun 7, 2026
MLS® 73483241
$940,000
Mar 5, 2026
MLS® 73483241
Population
50,066
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$67K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
63.1%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Essex County
1,060 housing units permitted in the last 12 months (-11% vs the prior 12 months) — 603 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: Vincent Rizzo
Listing Office: Douglas Elliman Real Estate - The Sarkis Team
MLS® Number: 73549163
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