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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.

9 Needhams Landing Lynn MA 01905

Lynn, MA9 Needhams Landing

Price$12,200,000

Est. Mortgage: $/month

MLS Number 73322222

  • MultiFamily
  • Bedrooms 52
  • Bathroom 42
  • Square Feet 27,840
  • Parking Spaces 84

One of a kind investment opportunity with 42 waterfront high end units. An easy commute to Boston, close to schools, The Encore Boston Harbor Casino, and the GE plant. These units are beautifully done with bamboo flooring, granite countertops, stainless steel appliances, custom cabinetry, air conditioning, and sliders leading to private balconies overlooking the water. There are a total of 16 Studios, 13 one bedroom, and 13 two Bedroom units with potential for a clubhouse or another 3 bedroom cottage. Strong rental history. The building itself has solar that powers the parking lot lighting, building halls, elevator, and complex lights. Plenty of off-street parking in this quiet part of town. Steps away from Little River and close to Nahant beach. These truly are residences for a modern lifestyle. There is a GOVT loan on the property that can be assumed at 3.99% fixed for 28 more years , Non Recourse , aprx bal $6.5mm and assumable as well.

Listed by AJ Pappas of eXp Realty

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$
%
$/month over payments
Federal 30-year interest rate: 6.93% last updated on Jan 9, 2025
* 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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122-132 Main Street Essex MA 01929

Essex, MA122-132 Main Street

Price$5,300,000

Est. Mortgage: $/month

MLS Number 73299994

  • MultiFamily
  • Square Feet 8,453
  • Parking Spaces 37
  • Property SubType 5-9 Family

Contractors, investors & developers take notice! RARE OPPORTUNITY to purchase 1.09 acres of adjacent lots currently home to a restaurant and motel/inn. This is an amazing development opportunity for waterfront condominiums with picturesque views of the Essex River looking at Cranes Beach and Hog Island. This development includes 17 private dock slips on the water encompassing both properties. Property is on town water and sewer. Parking is plentiful however seller will entertain a sale at an additional neighboring property for more parking. Possibilities here are endless. Located along the Essex Causeway this property offers close proximity to so much! Restaurants, shopping, marinas and much more. Accessible to routes 133, 22, 1A and 95. This is the perfect location for your next project! Property is occupied, accompanied showings only. No person/s are allowed on the property without list agent or representatives. Buyer and buyer's agent to do their own full due diligence.

Listed by Piantidosi Group and Leah Piantidosi of Coldwell Banker Realty - Andovers/Readings Regional

$
$
%
$/month over payments
Federal 30-year interest rate: 6.93% last updated on Jan 9, 2025
* 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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116-124a Central Lynn MA 01901

Lynn, MA116-124a Central

Price$5,289,000

Est. Mortgage: $/month

MLS Number 73319745

  • MultiFamily
  • Bedrooms 18
  • Bathroom 21
  • Square Feet 17,120

116-124A Central, Lynn, MA is a prime mixed-use property featuring 18 residential apartments and 3 retail spaces in a highly convenient downtown location, steps from public transportation. Located in an Opportunity Zone, this property offers significant investment advantages. Recent renovations include repointing the front masonry wall, full lead compliance, replacement of three main sewer lines, and complete renovations of 2 commercial spaces and 12 apartments. Additionally, the building features coin-operated laundry in the basement, adding extra income potential. This well-maintained property is a standout investment in the heart of Lynn.

Listed by Oleg Elisev and Boris Kuritnik of Greenville Real Estate Group,Inc.

$
$
%
$/month over payments
Federal 30-year interest rate: 6.93% last updated on Jan 9, 2025
* 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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148 Liberty Lynn MA 01901

Lynn, MA148 Liberty

Price$5,200,000

Est. Mortgage: $/month

MLS Number 73317676

  • MultiFamily
  • Bedrooms 31
  • Bathroom 24
  • Square Feet 13,376

148 Liberty Street located in downtown Lynn is a handsome brick 4-story elevator apartment building consisting of twenty-four (24) residential units. The asset offers an attractive unit mix of seven (7) two-bedroom units, and seventeen (17) one-bedroom units with recently renovated common areas. The offering presents a strong value-add opportunity for investors as rents are currently below market within an urban densely populated area. The property is surrounded by many amenities, restaurants, commuting routes into Boston, and public transportation. Tenants are responsible for their own separately metered utilities such as heat, hot water, and electric making this an ideal investment. The property has undergone a number of capital improvements such as common area lighting, flooring, painting, masonry pointing, hot water tank replacements.

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

$
$
%
$/month over payments
Federal 30-year interest rate: 6.93% last updated on Jan 9, 2025
* 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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7-17 Union Lynn MA 01902

Lynn, MA7-17 Union

Price$4,290,000

Est. Mortgage: $/month

MLS Number 73319767

  • MultiFamily
  • Bedrooms 24
  • Bathroom 198
  • Square Feet 9,999
  • Parking Spaces 1

1-17 Union Street, Lynn, MA offers two updated mixed-use properties on the same lot, with 12 apartments and 8 retail storefronts. The brick building was fully renovated in 2021, and the second property received a new roof, siding, windows, and gutters in 2024. This well-maintained asset combines modern updates with excellent rental income potential in a prime location.

Listed by Oleg Elisev of Greenville Real Estate Group,Inc.

$
$
%
$/month over payments
Federal 30-year interest rate: 6.93% last updated on Jan 9, 2025
* 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 Charter Street Newburyport MA 01950

Newburyport, MA11 Charter Street

Price$4,150,000

Est. Mortgage: $/month

MLS Number 73323988

  • MultiFamily
  • Bedrooms 15
  • Bathroom 16
  • Square Feet 4,492
  • Parking Spaces 6

Situated on the highly desirable Charter Street, this turnkey, tech-forward boutique hotel represents a premier investment opportunity directly in downtown Newburyport. The 15-unit property is thoughtfully designed, featuring modern furnishings, Yale smart locks, a state-of-the-art surveillance system, and a fully automated "faceless" operation—ideal for the demands of modern hospitality. Additional amenities include a dedicated management office with a full bathroom, storage closets, a laundry room, and separately metered utilities. Guests or tenants will appreciate the property’s prime location, offering easy access to downtown Newburyport’s vibrant attractions, Plum Island’s picturesque beaches, and the Boston MBTA train. With its seamless operations and revenue-ready setup, this property is poised for immediate success.

Listed by Christian Smith and Sterling Seymour of Keller Williams Realty Evolution

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$
%
$/month over payments
Federal 30-year interest rate: 6.93% last updated on Jan 9, 2025
* 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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229 Lewis Street Lynn MA 01902

Lynn, MA229 Lewis Street

Price$3,900,000

Est. Mortgage: $/month

MLS Number 73326316

  • MultiFamily
  • Bedrooms 15
  • Bathroom 10
  • Square Feet 12,500
  • Parking Spaces 2

~~~~~7% Return Ratio ~~~ 10 unit mixed use brick building built from ground up in 2010. Newer roof, newer plumbing, newer electrical, central AC all commercial grade. Hard wired smoke and sprinkler system as well. Property consists of (5) commercial retail units on first level. (Five) 3 bed 1 bath apartments on 2nd and 3rd floors in excellent condition. Washer and dryer hookups in all apartments. Tenants pay all utilities. All tenants have leases. Commercial tenants have rate increases built in yearly. Absolutely no deferred maintenance, nothing to do but collect your rents and watch as they increase.

Listed by Rebecca Huang of East West Real Estate,LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 6.93% last updated on Jan 9, 2025
* 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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207 Chestnut Street Lynn MA 01902

Lynn, MA207 Chestnut Street

Price$3,425,000

Est. Mortgage: $/month

MLS Number 73312115

  • MultiFamily
  • Bedrooms 16
  • Bathroom 12
  • Square Feet 9,000
  • Parking Spaces 23

NEW & RENOVATED in 2024 & Solid CASH FLOW on Stabilized 9 Unit Building streets a few blocks off Swampscott and Kings Beach. Swampscott Commuter Rail and Central Square in Lynn each 4 min ride and 2 minute walk to bus stop. Chestnut Street is on bus line. Lots of conveniences including farmers market, restaurants, and local shops. Ingalls Elementary, Marshall Middle School and Fecteau-Leary Jr & Sr. High School nearby. Separate submeters, 23 Fenced Parking Spaces, unfinished Full Basement for potential upside. All new including: Sprinklered building, Navien H2o hots, natural gas hvacs, granite counters, laminate floors, mail & security Vestibule.

Listed by Patricia Graciano and Wendy R. Whitty of Whitty Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 6.93% last updated on Jan 9, 2025
* 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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505-509 Chatham Lynn MA 01902

Lynn, MA505-509 Chatham

Price$3,300,000

Est. Mortgage: $/month

MLS Number 73319791

  • MultiFamily
  • Bedrooms 22
  • Bathroom 12
  • Square Feet 13,810
  • Parking Spaces 12

505 Chatham Street, Lynn, MA is a solid investment opportunity featuring a 12-unit brick building on a large lot with 12 parking spaces. The apartments consist mostly of spacious 2-bedroom units, with a couple of 1-bedroom units, all fully deleaded. Many windows have been recently replaced, and the property includes coin-operated laundry in the basement, adding extra income potential. This well-maintained property offers strong rental income and excellent cash flow, making it a standout in Lynn's rental market

Listed by Oleg Elisev of Greenville Real Estate Group,Inc.

$
$
%
$/month over payments
Federal 30-year interest rate: 6.93% last updated on Jan 9, 2025
* 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$1,999,999

Est. Mortgage: $/month

MLS Number 73242929

  • 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..one apartment rented and the other apartment being renovated and a penthouse 2 bedroom unit completely renovated. Relaxing " common area ocean-view roof deck. Four retail units are located on Lexington Ave. 3 Store fronts rented and 1 vacancy. All store fronts pay their own utilities. Residential renters have heat and hot water included. Septic System is massive and supports up to 14 bedrooms. 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: 6.93% last updated on Jan 9, 2025
* 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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301 Essex Street Salem MA 01970

Salem, MA301 Essex Street

Price$1,999,000

Est. Mortgage: $/month

MLS Number 73323823

  • MultiFamily
  • Bedrooms 27
  • Bathroom 27
  • Square Feet 25,000
  • Parking Spaces 12

Building to be constructed by buyer. Request for offers for existing Commercial/ Retail storefront brick single story building with 10k +- sq ft PLUS fully approved expansion of mixed use Development. 21 total units in A grade prime location at intersection of Route 114, Essex St, North St & Summer St. Proposed 12 car parking garage. 20 total residential units. 10 townhouses with decks, 4 flats, 6 penthouse townhouses with roof decks. 6500 sq ft of Ground level with glass storefront and sub grade commercial/retail space. All municipal approvals in hand. Only needs CD plans completed and accepted.

Listed by Michael Becker and Charrissa Vitas of Atlantic Coast Homes,Inc

$
$
%
$/month over payments
Federal 30-year interest rate: 6.93% last updated on Jan 9, 2025
* 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 Laurel Road Newburyport MA 01950

Newburyport, MA13 Laurel Road

Price$1,769,900

Est. Mortgage: $/month

MLS Number 73296975

  • MultiFamily
  • Bedrooms 6
  • Bathroom 5
  • Square Feet 3,756
  • Parking Spaces 8

This home has access to the Garrison Trail, Maudsley State Park and Moseley Park less than a mile from the front door. Welcome to this beautifully maintained multi-generational home! Featuring 6 spacious bedrooms, including two master suites on the first floor, each with its own full bath. The main level has two tastefully updated kitchens, a large dining room, two inviting living rooms, a warm sunroom, breezy screened in porch and a charming breakfast area. Upstairs, you’ll find four additional bedrooms and a generous family room, providing ample space for everyone. The basement has plenty of bonus space! Step outside to a lovely backyard with a patio, perfect for gatherings around the fire pit. This property also includes an attached two-car garage and an oversized detached garage/shop. Move-in ready and full of potential.

Listed by Rogers Realty Team, Catherine Rogers and Hillary Rogers of Berkshire Hathaway HomeServices Verani Realty Bradford

$
$
%
$/month over payments
Federal 30-year interest rate: 6.93% last updated on Jan 9, 2025
* 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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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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