9-11 Dungeon Ave Lynn — Photo 1 of 24
Recent Drop: $19,100
$579,900
9-11 Dungeon Ave, Lynn, MA 01905
Lynn, MA 01905
Beds
4
Baths
2
SqFt
1,368
Style
Multi Family
Built
1970
Excellent opportunity for an investor looking for immediate rental income with value-add potential. 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.
Key facts
It was listed on June 16, 2026. The price has come down from an original $685,000 to $579,900 across 4 changes, most recently on September 10, 2026. The annual property taxes are $5,003 (2026 tax year). It sits on a 0.28-acre (12,018 sq ft) lot.
Immersive Experience
Market Value Analysis
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Lynn, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Microwave • Refrigerator • Washer • Dryer • Dishwasher
Neighborhood
Public Transportation • Shopping • Golf • Medical Facility • Laundromat • Highway Access
Geography
Property History
$579,900
Was $599,000
Sep 10, 2026
MLS® 73536785
$599,000
Was $625,000
Aug 20, 2026
MLS® 73536785
$625,000
Was $649,900
Jul 28, 2026
MLS® 73536785
$649,900
Was $685,000
Jul 7, 2026
MLS® 73536785
$685,000
Jun 16, 2026
MLS® 73536785
$204,900
Oct 25, 2010
MLS® 71128604
$204,900
Aug 26, 2010
MLS® 71128604
$364,900
Apr 19, 2006
MLS® 70285603
$364,900
Oct 28, 2005
MLS® 70285603
Questions about this home
When was 9-11 Dungeon Ave, Lynn listed?
9-11 Dungeon Ave, Lynn was listed on June 16, 2026.
Has the price of 9-11 Dungeon Ave, Lynn changed?
The price has come down from an original $685,000 to $579,900 across 4 changes, most recently on September 10, 2026.
What are the property taxes for 9-11 Dungeon Ave, Lynn?
The annual property taxes for 9-11 Dungeon Ave, Lynn are $5,003 (2026 tax year).
How big is the lot at 9-11 Dungeon Ave, Lynn?
9-11 Dungeon Ave, Lynn sits on a 0.28-acre (12,018 sq ft) lot.
What is the status of 9-11 Dungeon Ave, Lynn?
9-11 Dungeon Ave, Lynn is actively listed for sale.
Population
28,221
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$84K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
48.3%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Essex County
1,060 housing units permitted in the last 12 months (-11% vs the prior 12 months) — 603 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: Forrest Homes Group
Listing Office: The Aland Realty Group LLC
MLS® Number: 73536785
