9 Audubon Park Lynn — Photo 1 of 22
$349,999
Investment Analysis — 9 Audubon Park
Lynn, MA 01902
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01902 carries an estimated $3,390/mo in gross rent — about a 7.02% cap rate and $24,563/yr in estimated NOI at the $349,999 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1.5
SqFt
1,609
Style
Single Family
Built
1925
***OPEN HOUSE Friday, Sept. 18th 12-1pm!*** Attention contractors & investors, this is the project you have been waiting for. Located in Lynn’s sought-after Diamond Historic District, this 4 bedroom, 1.5 bath single family home offers approximately 1,609 sq ft of living space on a 2,829 sq ft lot. Tucked away on a quiet dead-end street and just a short walk to Lynn Shore Drive, the property presents tremendous upside for the right buyer. Offered strictly as-is and priced accordingly, this home requires renovation and will likely not qualify for conventional financing. A rare chance to bring new life to a property in a desirable coastal location. SOLD AS IS. ***Showings only at the Open House.***
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 805 sq ft (the lesser of 900 sq ft or half the 1,609 sq ft principal dwelling). Lot size: 2,827 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Listing Agent: Catherine Walsh
Listing Office: Coldwell Banker Realty - Easton
MLS® Number: 73577292