$1,100,000
6 bd · 3 ba · 3,239 sqft · 14,283 sqft lot
22 Reed St, Lynn, MA 01905
Multi-family · Built 1920 · $340/sqft ·
$6,356/mo est. payment
- Garage
- 2 cars
- Stories
- 3
3D tourFlood factor 9/10
About this home
Exceptional WATERFRONT investment opportunity in Lynn! This triple-decker, set on a DOUBLE SIZED LOT offers three spacious levels of living, each with 2 bedrooms, 1 full bath and their own private decks, creating an appealing blend of traditional New England character and functional multi-family living. Outside, the property truly distinguishes itself. The oversized lot offers an abundance of room for outdoor enjoyment, while a detached two-car garage and additional off-street parking spaces provide a level of parking rarely found with multi-family properties. A full basement adds valuable storage and utility space. Whether you're an investor seeking a substantial income-producing asset or an owner-occupant looking to offset housing costs with rental income, this property offers an impressive foundation and considerable potential. Conveniently located in Lynn's Austin Square neighborhood, with easy access to local shops, restaurants, parks, schools, public transportation, and the amenities of the North Shore and Greater Boston, a property of this size and lot profile is a compelling opportunity to own a truly substantial multi-family asset in Lynn. Property to be conveyed vacant. Buyer and buyer's agent to perform their own due diligence regarding zoning, permitted uses, rental history, and all property information. Showings begin Saturday, October 31!
Facts and features
Bedrooms
- Bedrooms: 6
Other Rooms
- Total Rooms: 15
- Basement Features: Full, Interior Entry, Concrete, Unfinished
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Appliances
- Laundry Features: Washer Hookup
Interior Features
- Flooring: Wood, Tile, Carpet
Waterfront and Water Access
- Waterfront
- River
Garage and Parking
- Covered Spaces: 2
- Garage Spaces: 2
- Open Parking: Yes
- Parking Features: Paved Drive, Off Street, Paved
- Parking Total: 8
Land Info
- Lot Description: Level
- Lot Size Acres: 0.3278926
- Lot Size Square Feet: 14283
Schools
- 3
Classical High School
high · 9-12 · 0.6 mi
- 4
A Drewicz Elementary School
elementary · K-5 · 0.6 mi
- 3
Breed Middle School
middle · 6-8 · 0.9 mi
Sacred Heart School
elementary · K-5 · 0.6 mi
- 6
William R Fallon Elementary School
elementary · K-5 · 0.9 mi
- 1
Fecteau-Leary Junior/Senior High School
middle · 6-12 · 1.4 mi
Price history
- Oct 29, 2026 · Listed$1,100,000
Tax history
- 2025$8,685 tax · $838,300 assessed
- 2024$8,566 tax · $813,500 assessed
- 2023$8,719 tax · $782,000 assessed
- 2022$8,286 tax · $666,600 assessed
- 2021$7,793 tax · $598,100 assessed
- 2020$7,650 tax · $570,900 assessed
- 2019$7,379 tax · $516,000 assessed
- 2018$6,805 tax · $449,200 assessed
Where it is
Listed by Dawn Aiello · Exp Realty · MLSPIN
