$749,999 · For sale

OPEN HOUSE SATURDAY the 7th 11-1PM ONLY.....OPPORTUNITY KNOCKS, TWO-FAMILY WITH 3-BAY GARAGE, SEPARATE UTILITIES & AMPLE PARKING! Fantastic opportunity to own a versatile two-family residence at 115 Lynn Street in Peabody! This classic Old-Style home, built in 1935, offers approximately 1,926 square feet of living space with two separate units, each featuring 2 bedrooms and 1 full bath. With a total of 8 rooms and 4 bedrooms, this property is ideal for investors, owner-occupants looking to offset their mortgage, or those seeking multi-generational living. Additional highlights include separate utilities, a desirable 3-bay garage, and plenty of off-street parking on a paved driveway. Situated on a 6,625-square-foot lot, the property also features a full basement with great storage and interior and exterior accesss. Conveniently located close to downtown Peabody, with easy access to major highways, shopping, restaurants, and area amenities. A wonderful opportunity to own a multi-family property offering flexibility, income potential, and valuable garage space.The upper level offers an opportunity to possibly finish and gain extra square footage. The garage and attic both have endless expansion possibilities. Don't miss out!
115 Lynn St is a multi-family home for sale in Peabody, MA 01960 with 1,926 square feet, asking $749,999. It was built in 1935. It has been on our site since November 2, 2026.
At $389 a square foot, it compares with a median of $420 among the 5 other multi-family homes for sale in Peabody with a stated size.
The whole property at this address is assessed at $640,900 for fiscal year 2026. It last sold for $115,000 in July 1985. The assessor lists a lot of 0.15 acres.
It scores 32 out of 100 for walkability, from how close everyday places are.
The closest train or subway stop is Swampscott (MBTA Newburyport/Rockport Line), about 2.9 miles away. The closest bus stop is Lynn St @ Winnegance Ave (MBTA route 435), under 0.1 miles away.
The closest public schools by level are Captain Samuel Brown (0.2 miles), J Henry Higgins Middle (1.1 miles) and Peabody Personalized Remote Education Program (1.5 miles). The district decides which school serves an address.
Listing information from MLS Property Information Network (MLS PIN), MLS #73597548, deemed reliable but not guaranteed. Prices are compared with other homes listed on this site today. Trains and buses come from the transit agencies’ published schedules and schools from the National Center for Education Statistics. Distances are straight-line. Assessed values and past sales are public records from municipal assessors, published by MassGIS. An assessed value is set for taxation and may differ from market value.
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