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Multi-Family Homes

Looking for an investment property, rental or multi-generational home?  Here are all the multifamily homes in the area.

88 Rocky Neck Avenue Gloucester MA 01930

MLS Number 73149436

  • MultiFamily
  • Bedrooms 5
  • Bathroom 5
  • Square Feet 3,678
  • Parking Spaces 9

Where can you find a home with 122 feet of frontage on Gloucester Harbor that comes with commercial deep water Chapter 91 dock? Then add that it’s located on Rocky Neck amidst the historic art colony and seasonal restaurants. Throw in 4 residential units with stunning views. Checks many boxes and live the dream. Tie up your boat at the dock, head out for a day of fishing or view the fireworks. The oldest working art colony in the country with studios and art galleries nearby only enhance the experience of living here. Each unit has its own private deck with unobstructed views, inside and out, overlooking Gloucester’s beautiful inner harbor. Watch a moving picture of boats, kayaks, and all the water-focal activities that Gloucester offers from the comfort of your own waterfront porch. Three 1BR, 1BA units and One 2BR, 1BA unit. Harbor frontage, deep water dock and mesmerizing views - doesn’t get much better.

Listed by Ron Goulart & Jennifer Anderson of RE/MAX 360

$
$
%
$/month over payments
Federal 30-year interest rate: 7.31% last updated on Sep 28, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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671-677 Western Avenue Lynn MA 01905

Lynn, MA671-677 Western Avenue

Price$2,949,000

Est. Mortgage: $/month

MLS Number 73153041

  • MultiFamily
  • Bedrooms 15
  • Bathroom 9
  • Square Feet 10,000
  • Property SubType 5-9 Family

Attention Investors!! Great Income Potential!! 14 Units Total!! 5 Unit Residential Multi-Family Building Being Sold As a Package with a 9 Unit Multi-Family Building!! 44-46 Mall St: 27 Rooms, 17 Bedrooms, 5 Bathrooms. 4 3-Bedroom Units and 1 5-Bedroom Unit. 5 New Gas Boilers, 8 Year-Old Roof and Sprinkler System In Common Areas. Each Apartment Has Their Own 60 Amp Electric. 671-677 Western Ave: 33 Rooms, 15 Bedrooms, 9 Kitchens, 9 Living Rooms and 9 Bathrooms. 6 1-Bedroom Units and 3 3-Bedroom Units. Brand New Fire Alarm System Hooked Into Central Station. 6 New Boilers, Some Newer Stoves and Dishwashers. High Ceilings. Replacement Windows. Deleaded Certificates. Detailed Financials Available for Serious Inquiries. Conveniently Located Near Public Transportation, Shopping, Restaurants and Schools!

Listed by Colleen Toner of Toner Real Estate,LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 7.31% last updated on Sep 28, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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44-46 Mall Street Lynn MA 01905

Lynn, MA44-46 Mall Street

Price$2,949,000

Est. Mortgage: $/month

MLS Number 73153042

  • MultiFamily
  • Bedrooms 17
  • Bathroom 5
  • Square Feet 9,276
  • Property SubType 5-9 Family

Attention Investors!! Great Income Potential!! 14 Units Total!! 5 Unit Residential Multi-Family Building Being Sold As a Package with a 9 Unit Multi-Family Building!! 44-46 Mall St: 27 Rooms, 17 Bedrooms, 5 Bathrooms. 4 3-Bedroom Units and 1 5-Bedroom Unit. 5 New Gas Boilers, 8 Year-Old Roof and Sprinkler System In Common Areas. Each Apartment Has Their Own 60 Amp Electric. 671-677 Western Ave: 33 Rooms, 15 Bedrooms, 9 Kitchens, 9 Living Rooms and 9 Bathrooms. 6 1-Bedroom Units and 3 3-Bedroom Units. Brand New Fire Alarm System Hooked Into Central Station. 6 New Boilers, Some Newer Stoves and Dishwashers. High Ceilings. Replacement Windows. Deleaded Certificates. Detailed Financials Available for Serious Inquiries. Conveniently Located Near Public Transportation, Shopping, Restaurants and Schools!

Listed by Colleen Toner of Toner Real Estate,LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 7.31% last updated on Sep 28, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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124-130 Union Lynn MA 01902

Lynn, MA124-130 Union

Price$2,850,000

Est. Mortgage: $/month

MLS Number 73164975

  • MultiFamily
  • Bedrooms 29
  • Bathroom 29
  • Square Feet 9,999

Now Available! Investors take note of this cash flow opportunity for a 4-story mixed used commercial brick building centrally located in Downtown Lynn. Encompassing approximately 10k sf of living, the property comprises of 1 street level retail and 29 individual rooms, each equipped with its own private bathroom. Licensed Rooming House. The community style make-up of the building offers 1 common area shared kitchen and 6 individual kitchens within units throughout the building. This value-packed building isn't just a lucrative investment; it's a canvas for potential. Showings by appointment only. We're actively seeking offers from savvy investors who recognize the incredible value-add potential within these walls.

Listed by John Wellington of RE/MAX 360

$
$
%
$/month over payments
Federal 30-year interest rate: 7.31% last updated on Sep 28, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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97 Atlantic Avenue Salisbury MA 01952

MLS Number 73157464

  • MultiFamily
  • Bedrooms 6
  • Bathroom 5
  • Square Feet 4,146
  • Parking Spaces 8

2 family OCEAN FRONT with elevator to the most spectacular views on the BEACH with private beach access. Meticulously maintained 3 levels of ocean front living. Rental,1st floor/ owners unit 2nd AND 3rd floors complete with your OWN ELEVATOR to your 2 top floors. 3rd floor, boast a large open concept kitchen and living room, large granite top island, seats 10, under counter lighting, designer cabinets, remote shades, tile plank floors, trace ceilings, gas fireplaces. Main bedroom with walk in tiled shower and walk in closet. 2nd floor has 3 bedrooms (hardwood), full size laundry, game room with tiled floor, wet bar, full size refrigerator, pool/ping pong table, gas fireplace. surround sound in whole house and on 4 decks, 2 have roofs, 2 are open. Rental on 1st floor has 3 bedrooms, 2 baths, open concept kitchen and living room, washer and dryer, private ocean front deck. Home has heat, A/C and 6-10 off street parking spots. Maintenance free exterior, vinyl windows, siding and treks

Listed by MaryBeth U. Bonheur of Merrimack Realty Group,Chelmsford

$
$
%
$/month over payments
Federal 30-year interest rate: 7.31% last updated on Sep 28, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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1 Holly Street Gloucester MA 01930

Gloucester, MA1 Holly Street

Price$2,650,000

Est. Mortgage: $/month

MLS Number 73162604

  • MultiFamily
  • Bedrooms 8
  • Bathroom 10
  • Square Feet 8,440
  • Parking Spaces 4

Calling all business owners and savvy investors! Don't miss out on this incredible opportunity to own a prime mixed-use property in the iconic Willow Rest. This property is a true gem, boasting a combination of 4 residential units and 3 commercial units. With numerous extensive renovations already completed, it's now poised for its new owner to take the reins and further enhance its value through strategic upgrades, unlocking increased revenue potential. Take advantage of this opportunity to not only invest but also create or expand your own business within the commercial units while simultaneously earning rental income from the residential units. Don't let this opportunity slip through your fingers. Seize the chance to invest, innovate, and grow your wealth in the heart of the Gloucester Seaport community. Contact us today to schedule a viewing and explore the endless possibilities this property offers.

Listed by Debra L. Lovelace of Churchill Properties

$
$
%
$/month over payments
Federal 30-year interest rate: 7.31% last updated on Sep 28, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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13 Flume Road Gloucester MA 01930

Gloucester, MA13 Flume Road, Magnolia

Price$2,400,000

Est. Mortgage: $/month

MLS Number 73091802

  • MultiFamily
  • Bedrooms 7
  • Bathroom 10
  • Square Feet 7,582
  • Parking Spaces 8

Attention business owners and investors! Fantastic opportunity to own this Mixed Use property in sight of the ocean and in the heart of Magnolia Village. Four residential apartments. The first-floor unit has an updated kitchen and hardwood floors and offers 3 bedrooms and 2.5 baths also two one-bedroom apartments and a penthouse 2 bedroom unit. Relaxing " common area ocean-view roof deck. Four retail units are located on Lexington Ave. Take advantage of this up-and-coming area with its shops and restaurants. This property has so much potential Think... Condo conversion? Airbnb? Live and have your business with no commute. Steps to the ocean and Kettle Cove beach, restaurants, shops, and Magnolia Library.

Listed by Richard Palladino of Century 21 North East

$
$
%
$/month over payments
Federal 30-year interest rate: 7.31% last updated on Sep 28, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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11 Hathaway Road Marblehead MA 01945

Marblehead, MA11 Hathaway Road

Price$2,250,000

Est. Mortgage: $/month

MLS Number 73147174

  • MultiFamily
  • Bedrooms 10
  • Bathroom 6
  • Square Feet 4,823
  • Parking Spaces 4

Amazing waterview - deeded beach access home with too many single family features to ignore! Water views from every floor out to Tinker's Island, including from the wrap-around porch. Enjoy a day at the beach every day and the sights and sounds year round from over 500 square feet of wrap-around porch! The list of updates includes extensive interior and exterior work including kitchens, bathrooms, windows, porches, heat and central air conditioning. All of the classic period details have been refinished as well, offering hardwood floors, high ceilings and bright and sunny rooms. Currently configured as a 2 family, the property can be purchased as a 2 condomi (see separate listing).. There is also tremendous potential for a single family conversion with or without an accessory dwelling unit option. If you are looking for life close to the beach, this is one not to miss

Listed by Jack Attridge of William Raveis R.E. & Home Services

$
$
%
$/month over payments
Federal 30-year interest rate: 7.31% last updated on Sep 28, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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21 High Street Lynn MA 01902

Lynn, MA21 High Street

Price$2,100,000

Est. Mortgage: $/month

MLS Number 73123463

  • MultiFamily
  • Bedrooms 54
  • Bathroom 42
  • Square Feet 33,827
  • Parking Spaces 8

Seven story building with forty-two residential 1 & 2 bedroom apartments ready to be built in downtown Lynn! Plans include all floor plans for all 42 residential, 1 commercial unit, parking and common areas. Floor plans, Geotech report, and Structural plans all are available. This lot is located in the Central Business District of Lynn.

Listed by Brandon Lampron of Stuart St James,Inc.

$
$
%
$/month over payments
Federal 30-year interest rate: 7.31% last updated on Sep 28, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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68-72 Palmer Salem MA 01970

Salem, MA68-72 Palmer

Price$2,050,000

Est. Mortgage: $/month

Open House

MLS Number 73164474

  • MultiFamily
  • Next Open House: Thu 10/5 11:00 am. to 1:00 pm.
  • Bedrooms 22
  • Bathroom 10
  • Square Feet 11,768

Rare investment opportunity in Salem. This oversized ten (10) unit 4-story red brick building boasts an ideal unit-mix of four (4) one-bedroom, six (6) three-bedrooms with nine (9) surface parking spots and is a total of 14,872 ± SF. All units feature open floor plans with lots of natural light, Salem Harbor views, large rooms, and laundry facilities on site. Tenants are responsible for separately metered utilities such as heat, hot water, and electric. Located within walking distance to Derby Street and Downtown Salem, the Palmer Street location presents a great opportunity for tenants who work downtown and is only .8 miles from Salem Depot Commuter Rail Station for a 20-minute ride to Boston. 68-72 Palmer Street allows investors an opportunity to acquire a rare oversized 10-unit value-add brick building with 22 bedrooms within a supply-constrained urban dense area in one of the strongest transit-oriented North Shore communities.

Listed by Dan Pouladian and Sara Pouladian of North Shore Realty Advisors

$
$
%
$/month over payments
Federal 30-year interest rate: 7.31% last updated on Sep 28, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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109 Lynn Shore Drive Lynn MA 01902

Lynn, MA109 Lynn Shore Drive

Price$1,985,000

Est. Mortgage: $/month

MLS Number 73163037

  • MultiFamily
  • Bedrooms 9
  • Bathroom 6
  • Square Feet 5,010
  • Parking Spaces 8

Diamond District Estate offering endless views of the Atlantic Coast. Enter thru a grand porch w/Doric columns & granite steps situated on a spectacular corner lot. Inside admire the exquisite vestibule & a stunning staircase that takes center stage w/carved balusters showcasing the master craftmanship at every turn along w/tall leaded glass windows & quarter sawn oak flrs. The liv. rm features mahogany wainscoting, pocket dr, marble frplce & built-ins while the oceanside dining rm offers stunning vistas of the sea. A new kitchen w/a beautiful curved wall of windows & ss applns. A parlor w/frplc & built in "gossip" telephone bench. Follow upstairs to 2 firplced oceanside bdrms, elegant baths & a sitting area w/a large seaside deck. Three more bedrms w/views on the 3rd level. The beautiful 3/4 bedrm aprtmnt w/sep entrance has a nw kitchn, frplc, butlers pntry & a luxurious lvng/dine rm w/frplc & waterviews. Lrg basemnt w/wine cellar, 6 car+ prk, 2 car garage & private grounds.

Listed by Judi Moccia of REAL ESTATE and Company

$
$
%
$/month over payments
Federal 30-year interest rate: 7.31% last updated on Sep 28, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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69r Main Street Rockport MA 01966

Rockport, MA69r Main Street

Price$1,900,000

Est. Mortgage: $/month

MLS Number 73085425

  • MultiFamily
  • Bedrooms 7
  • Bathroom 5
  • Square Feet 2,040
  • Parking Spaces 2

Commanding a prime spot perched directly above Front Beach, this longstanding waterfront vacation property offers five units of turnkey, self contained 1-2 bedroom apartments with steps down to the water and stunning, unobstructed views of Sandy Bay. Despite being in the middle of the town’s burgeoning cultural and dining scene, just steps from world-renowned Shalin-Liu Performance Center and the many galleries, shops, and restaurants of Rockport’s picturesque Main Street, the location provides a sense of being tucked away at water’s edge. A rare opportunity to own a landmark property that hasn’t changed hands in generations, with many possible uses as continued lodging, a restaurant, or an in-town vacation home—any of which will let you realize the dream of waterfront living in one of the North Shore’s most desirable seaside communities. Units include decks overlooking Front Beach and two compact car parking spaces.

Listed by Amanda Armstrong Group and Amanda Armstrong of Compass

$
$
%
$/month over payments
Federal 30-year interest rate: 7.31% last updated on Sep 28, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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 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. MLSPIN 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.

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