Skip to content

Location filter
  • Any
  • Boston
  • Boston - Allston
  • Boston - Back Bay
  • Boston - Bay Village
  • Boston - Beacon Hill
  • Boston - Brighton
  • Boston - Charlestown
  • Boston - Chinatown
  • Boston - Dorchester
  • Boston - Downtown
  • Boston - East Boston
  • Boston - Fenway/Kenmore
  • Boston - Fort Hill
  • Boston - Fort Point
  • Boston - Hyde Park
  • Boston - Jamaica Plain
  • Boston - Longwood Medical Area
  • Boston - Mattapan
  • Boston - Mission Hill
  • Boston - North End
  • Boston - Northeastern/Symphony
  • Boston - Roslindale
  • Boston - Roxbury
  • Boston - Seaport/Waterfront
  • Boston - South Boston
  • Boston - South End
  • Boston - Theater District
  • Boston - West End
  • Boston - West Roxbury
  • Abington
  • Andover
  • Arlington
  • Barnstable
  • Bedford
  • Belmont
  • Beverly
  • Billerica
  • Braintree
  • Bridgewater
  • Brookline
  • Burlington
  • Cambridge
  • Canton
  • Chelsea
  • Chestnut Hill
  • Danvers
  • Dedham
  • Everett
  • Framingham
  • Gloucester
  • Hingham
  • Hyannis
  • Lawrence
  • Lexington
  • Lowell
  • Lynn
  • Lynnfield
  • Malden
  • Marlborough
  • Medford
  • Melrose
  • Methuen
  • Milton
  • Natick
  • Needham
  • Newton
  • North Reading
  • Norwood
  • Peabody
  • Pembroke
  • Plymouth
  • Quincy
  • Randolph
  • Reading
  • Revere
  • Salem
  • Saugus
  • Sharon
  • Somerville
  • Stoneham
  • Stoughton
  • Sudbury
  • Swampscott
  • Taunton
  • Wakefield
  • Waltham
  • Wareham
  • Watertown
  • Wayland
  • Wellesley
  • Westwood
  • Weymouth
  • Wilmington
  • Winthrop
  • Woburn
  • Worcester
  • Babson College
  • Berklee College of Music
  • Bentley University
  • Boston College
  • Boston University
  • Brandeis University
  • Emerson College
  • Emmanuel College
  • Harvard University
  • Hult International Business School
  • MassArt
  • MCPHS University
  • MIT
  • Northeastern University
  • Simmons University
  • Suffolk University
  • Tufts University
  • UMASS Boston
  • Wentworth Institute of Technology
You are here:
Home Massachusetts Lynn Multi-Family Homes for Sale

42 Valley Ave Lynn, MA 01902

43 Days on Boston Pads
Price Reduced $10,000
41 Photos
$815,000
2 Unit
6 Beds
3 Baths
2388 SQFT
0.06 Acre
42 Valley Ave
Lynn, MA 01902

Property Description

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...

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 3
  • Amenities: Bike Path, Conservation Area, Golf Course, Highway Access, House of Worship, Laundromat, Marina, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Stables, Swimming Pool, Tennis Court, T-Station, University, Walk/Jog Trails
  • Basement Features: Concrete Floor, Full, Interior Access, Unfinished Basement
  • Common Interior Features: Tile Floor

Financial

  • APOD Available: No
  • Gross Operating Income: 50400
  • Net Operating Income: 50400

Utilities

  • Heat Zones: 2
  • Electric Info: 100 Amps, 110 Volts, On-Site, Other (See Remarks)
  • Energy Features: Insulated Doors, Insulated Windows
  • Utility Connections: for Electric Range, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private
  • Sewer District: LYNN

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1880
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73385270
  • Last Updated: 06/29/25
  • Terms: Contract for Deed, Rent w/Option

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
06/29/2025Active$815,000$341MLSPIN
06/25/2025Price Change$815,000$341MLSPIN
06/08/2025Active$825,000$345MLSPIN
06/04/2025New$825,000$345MLSPIN

Mortgage Calculator

Monthly Breakdown (Show Total)
$4,529.00/Mo91.0%9.0%0050010001500200025003000350040004500Principal & InterestProperty TaxPMIMonthly HOAHomeowner's Insurance
Principal & Interest:$4,121
Property Tax:$408
PMI:$0
Monthly HOA:$0
Homeowner's Insurance:$0
Monthly Payment: $4,529

Home Value : $

Down Payment : $163000 - %

Interest Rate (%) : %

Mortgage Term : Years

Start After : Month

Annual Property Tax : %

Homeowner's Insurance : $

Monthly HOA : $

PMI : %

View Breakdown

Map & Resources

KIPP Academy Lynn Charter School

Charter School, Grades: K-12

0.12mi

Robert L Ford School

Public Elementary School, Grades: 1-5

0.15mi

Cobbet Junior High School

Grades: 7-9

0.35mi

Cobbet Elementary School

Grades: 1-6

0.43mi

Saint Joseph School

School

0.43mi

Domino's

Pizzeria

0.45mi

Dunkin'

Donut & Coffee Shop

0.45mi

Rincon Macorisano Restaurant

Dominican & Latin American Restaurant

0.32mi

R.F. O'Sullivan's

Restaurant

0.35mi

Bella Luna Restaurant

Italian Restaurant

0.36mi

Taqueria Doña Julia

Mexican Restaurant

0.36mi

Eclipse

Restaurant

0.37mi

Rossetti

Italian Restaurant

0.38mi

BayRidge Hospital

Hospital

0.43mi

Lynn Police Department

Local Police

0.26mi

Lynn Fire Department

Fire Station

0.09mi

Lynn Fire Department

Fire Station

0.62mi

Lynn Veteran's Memorial Auditorium

Arts Centre

0.35mi

Raw Art Works

Arts Centre

0.42mi

Soul City Yoga (Lynn)

Fitness Centre. Sports: Yoga

0.45mi

Fraser Field

Sports Centre. Sports: Baseball

0.38mi

Cook Street Playground

Park

0.23mi

Henry Avenue Playground

Park

0.24mi

Central Square Historic District

Park

0.41mi

Lynn Common

Municipal Park

0.43mi

Manning Field

Park

0.45mi

High Rock Tower Park - Res

Playground

0.11mi

High Rock Tower Park - Res

Playground

0.13mi

Sheridan St. Playground

Playground

0.44mi

Lynn Public Library

Library

0.44mi

Community Credit Union

Bank

0.36mi

Metro Credit Union

Bank

0.43mi

Brotherhood Credit Union

Bank

0.44mi

Speedway

Gas Station

0.33mi

Richdale Convenience Store

Convenience

0.27mi

Cal's News

Convenience

0.37mi

Sunshine Market

Convenience

0.42mi

Contreas Grocery

Supermarket

0.36mi

Poblano's Mexican Grocery

Supermarket

0.44mi

Family Dollar

Variety Store

0.38mi

Washington St @ Essex St

435

0.26mi

Washington St @ Essex St

435

0.27mi

Washington St @ Beacon Hill Ave

435

0.28mi

Washington St @ Hanover St

435

0.29mi

Western Ave opp Nichols Ave

424
450

0.33mi

Western Ave @ Nichols Ave

424
450

0.33mi

Western Ave @ Bayview Ave

424
450

0.34mi

Western Ave @ Granite St

424
450

0.34mi

Seller's Representative: Jose Reyes, Re-yes Real Estate
MLS ID#: 73385270

© 2025 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information 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 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 set forth herein.

MLS PIN data last updated at 2025-06-29 04:05:00

Related Properties