$13,299,000 · For sale

Rare opportunity to acquire an 62-unit, five-property multifamily portfolio concentrated within one of Lynn's established residential neighborhoods: 44 & 38 Estes Street, 8-10 & 12-14 Fortesque Street and 32 Chestnut Street. Unit mix is primarily one-bedrooms, with select two-bedroom and studio units. Properties are professionally maintained with a history of capital improvements; several offer on-site parking and laundry facilities. Current vacancy provides clear lease-up and rent optimization upside, while occupied units generate stable in-place income. Close proximity of assets allows for centralized leasing, management, and maintenance. Attractive assumable financing available under a portfolio loan--ask listing agent for more details. A rare offering combining scale, stable cash flow, value-add potential, and below-market financing on Boston's North Shore.
44 Estes Street Portfolio is a multi-family home for sale in Lynn, MA 01902 with 42,486 square feet, asking $13,299,000. It was built in 1926. It has been on our site since August 7, 2026.
At $313 a square foot, it compares with a median of $301 among the 41 other multi-family homes for sale in Lynn with a stated size.
It scores 79 out of 100 for walkability, from how close everyday places are.
The closest train or subway stop is Lynn Interim (MBTA Newburyport/Rockport Line), about 0.2 miles away. The closest bus stop is Lewis St @ Chestnut St (MBTA routes 441, 442), about 0.1 miles away.
The closest public schools by level are E J Harrington (0.2 miles), Thurgood Marshall Mid (0.5 miles) and Fredrick Douglass Collegiate Academy (0.5 miles). The district decides which school serves an address.
Listing information from MLS Property Information Network (MLS PIN), MLS #73549418, 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.
See all Lynn homes for sale and rent, every home in Lynn by street, or browse every home for sale and neighborhood guides with Benjamin Realty.
To ask about this home or book a tour, call Benjamin Realty at (617) 734-5050 or email [email protected].