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42 Valley Ave

Lynn, MA 01902

6 beds
3 baths
2,388 sqft
2,566 sqft lot
$345 per sqft
1880 build
– on site

Incredible opportunity to own this large legal two-family house with three units (prior owner converted it from a three to a two in the pass). Rents on second and third floors are $4,200 per month with included utilities. The house was renovated in 2018 with new roof, siding, kitchens, bathrooms, ceilings, walls, windows, plumbing, electrical and Navian heating units. First floor will be delivered vacant for new owner. This property makes sense for the owner occupant and for investor looking to extend their portfolio, so do not miss out on this one.

Listing courtesy of MLSPIN / Jose Reyes / Re-yes Real Estate

Last checked: Checking… • Last updated Jun 8, 2025 •

MLS# 73385270 —

The Building

Year Built:

1880
Year Built Details:

Approximate
Year Built Source:

Public Records
Construction Materials:

Frame
Roof:

Shingle
Basement:

Full
Foundation Area:

999
Foundation Details:

Concrete Perimeter
Door Features:

Insulated Doors
Window Features:

Insulated Windows
Levels:

6
Stories Total:

6
Stories:

6
# of Units Total:

2
Building Area Total:

2388
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

12
Flooring:

Wood
Fireplace:

false

Room Dimensions

Living Area:

2388
Living Area Source:

Public Record

Location

Directions:

Off High Rock St
Latitude:

42.469335
Longitude:

-70.948393

The Property

Parcel Number:

M:069 B:665 L:001,2004299
Property Type:

Residential Income
Property Subtype:

Multi Family
Lot Size Units:

Acres
Lot Size Area:

0.06
Lot Size SqFt:

2566
Lot Size Acres:

0.06
Zoning:

R2
Waterview:

No
Waterfront:

false
Waterfront Features:

Beach Front
Farm Land Area Units:

Square Feet
Road Surface Type:

Paved
Road Frontage Type:

Public
Road Responsibility:

Public Maintained Road

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Book Number:

36844
Tax Annual Amount:

7968
Tax Assessed Value:

769105

Beds

Bedrooms Total:

6

Baths

Total Baths:

3
Total Baths:

3
Full Baths:

3

The Listing

Home Warranty:

false
Sub Agency Relationship Offered:

No

Utilities

Utilities:

for Gas Range
Electric:

110 Volts
Sewer:

Public Sewer
Water Source:

Public

Schools

Elementary School:

Ford
Middle Or Junior School:

Marshalls
High School:

English

The Community

Senior Community:

false
Community Features:

Public Transportation
Spa:

false

Parking

Garage:

false
Parking Total:

4
Parking Features:

Paved Drive
Open Parking:

true

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
6/4/25 Jun 4, 2025	Listed / Active	MLSPIN	$825,000	51.4% (7.4% / YR)
7/6/18 Jul 6, 2018		MLSPIN	$545,000	436.9% (22.4% / YR)
12/18/98 Dec 18, 1998		MLSPIN	$101,500	28.5% (12.2% / YR)

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This multifamily located in Highlands, Lynn, MA 01902 is currently for sale for $825,000. 42 Valley Ave is a 2,388 square foot multifamily with 6 beds and 3 baths that has been on Estately for 11 days. 42 Valley Ave is in the Highlands neighborhood of Lynn and has a WalkScore® of 80, making it very walkable. This multifamily is in the attendance area of Lynn English High School, Fecteau-Leary Junior-Senior High School, Marshall Middle School, Ford Elementary School, and William R Fallon School.

Listing Courtesy of: MLSPIN and Re-yes Real Estate.

The property listing data and information 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 MLS Property Information Network, Inc. The property listing data and information 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., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.