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$13,299,000
New Listing

44 Estes Street Portfolio
Lynn, MA 01902

For Sale|Multi Family|Active
64
Beds
62
Total Baths
62
Full Baths
42,486
SqFt
$313
/SqFt
1926
Built
County:
Essex

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44 Estes Street Portfolio44 Estes Street Portfolio44 Estes Street Portfolio44 Estes Street Portfolio
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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.

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Listing Snapshot
Price 
$13,299,000
Days On Site 
0 Days
Bedrooms 
64
Inside Area (SqFt) 
42,486 sqft
Total Baths 
62
Full Baths 
62
Partial Baths 
N/A
Lot Size 
0.58 Acres
Year Built 
1926
MLS® Number 
73549418
Status 
Active
Property Tax 
$9
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
4 hours agoListing updated with changes from the MLS®
4 hours agoListing first seen on site
General Features
Acres 
0.58
Disclosures 
This offering includes five multifamily assets located at 44 Estes St38 Estes St32 Chestnut St8-10 Fortesque Ter & 12-14 Fortesque Ter. Gross and net income represents proforma figures--ask listing agent for detailed financials.
Foundation 
Other
Number Of Stories 
2
Parking 
Off StreetDriveway
Parking Spaces 
15
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
42486
SqFt Total 
42486
Water Source 
Public
Zoning 
9
Interior Features
Appliances 
Gas Water Heater
Basement 
Full
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Exterior Features
Construction Details 
FrameBrickSee Remarks
Exterior 
Other
Lot Features 
Other
Patio And Porch 
PorchDeck
Roof 
RubberOther
Listing courtesy of Daniel Alper of Boston Realty Advisors



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

Last checked 2026-07-14 09:51 PM UTC

Neighborhood & Commute
Source: Walkscore
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