9-11 Dungeon Ave Lynn, MA ^$ 579,900

9-11 Dungeon Ave

^$ 579,900

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9-11 Dungeon Ave

Lynn, MA, 01905

^$ 579,900

Bedrooms4 Baths2.0 Sq 1,368

Monthly Estimate*

^$ 4,005

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Multi-Family Home for sale in Lynn, MA

for $579,900 with 4 bedrooms and 2 full baths. This 1,368 square foot home was built in 1970 on a lot size of 0.28.

An excellent opportunity for an investor seeking immediate rental income with value-add potential. Make your own updates with a $ 20,000 credit at closing! $20,000 credit at closing toward rate buydowns, prepaids, and closing costs! Currently generating $4,700/month ($56,400 annually) in rental income, with an approximately 8%+ projected cap rate based on current income and operating expenses. Tenants pay all utilities except water/sewer. All tenants are month-to-month, providing a new owner flexibility with the existing tenancies. Four off-street parking spaces. Both units have their own washer and dryer. The property is currently occupied, livable, and income-generating, but it does need updating. The interior has received fresh paint in several areas, while the exterior would benefit from updated vinyl siding/wrapping. This creates a great value-add opportunity for an investor to improve the property over time and further increase rents. The property has consistently generated extremely strong rental demand and would be perfect for an owner-occupant.

Multi-Family Active

Price

^$ 579,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 5,003

Style

Multi Family

Lot Size

0.28

Year Built

1970

Town/City

Lynn

County/Region

Essex

MLS | Web ID

73536785

List By

Forrest Homes Group

Listing Agent

The Aland Realty Group Llc

Broker

Affordability Calculator

$4,422

Per Month

Monthly Principal & Interest: $4,005
Monthly Property Taxes: $417
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends

Multi-family listings in Lynn, MA

Average List Price ^$1,522,365

Percent of Sale Price 163%

About Lynn, MA

92,878 Population

4% Since 2002

^$52,444 Median Income

37.53 Median Age

32% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
9/10/2026	$579,900	-3.19%	Price Down
8/20/2026	$599,000	-4.16%	Price Down
7/28/2026	$625,000	-3.83%	Price Down
7/7/2026	$649,900	-5.12%	Price Down
6/16/2026	$685,000		Listed Price

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9-11 Dungeon Ave, Lynn, MA, 01905 is a Multi-Family Home for sale at $579,900 with 1,368 sqft and a lot size of 0.28. 9-11 Dungeon Ave has 4 bedrooms, 2.0 baths, and was built in 1970. The property's zip code is 01905 which is in Lynn, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 10/15/2026.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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 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 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. 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.

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9-11 Dungeon Ave

Multi-Family Home for sale in Lynn, MA

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