$1,100,000

347 Summer St Lynn, MA 01905

$10,000
Closing credit¹
11 beds
6 full
4,214 sqft
0.1 acres
$261 / sqft
Multi-Family

Property details

About 347 Summer St

* Multiple Offer Alert* Highest and Best Due Friday, May 23rd, by 2pm. This sunny and spacious 3-family decker is tucked away from the street, and has been well maintained by the owner. All units are rented with no leases, and current rents are below market with lots of room to grow income here. Comprised of two 4-bedroom units and one 3-bedroom unit, each with 2 full baths, fully applianced eat-in kitchens, hardwood & laminate flooring, and newer exterior decks.The basement offers lots of storage and 2 sets of coin-operated washers and dryers. The shared driveway can accommodate up to 6 cars (2 spots per unit). Group Showing Wed., May 21st, 6 pm to 7 pm- Please register your attendance with listing agent (email or text message).

Highlights

Home typeMulti Family
HeatingForced Air, Natural Gas, Baseboard
StatusAccepting Backup Offers
(Contingent)
Size4,214 sqft
BasementYes
Lot size0.11 Acres
Year built1900
ParkingPaved Drive, Off Street, Paved
MLS #73376579

Summary

  • Full Bathrooms: 6
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Range Hood, Other, Trash Compactor
  • Basement: Yes
  • Flooring Type: Wood, Vinyl, Hardwood
  • Interior: Ceiling Fan(s), Lead Certification Available, Bathroom with Shower Stall, Bathroom With Tub, Living Room, Kitchen, Office/Den
  • Total Bedroom Count: 11
  • Parking: Paved Drive, Off Street, Paved
  • Heating: Forced Air, Natural Gas, Baseboard
  • List Price: $1,100,000
  • Price/SqFt: $261
  • Annual Tax Amount: $9,493
  • Tax Year: 2024
  • Lot: Easement, Level
  • Directions: See GPS
  • Year Built: 1900
  • Stories: 6
  • Living Area: 4,214 SqFt
  • Lot Size: 0.11 Acres
  • MLS Number: 73376579
  • MLS Name: MLS Property Information Network
  • Office Name: LAER Realty Partners
  • Office Phone: (978) 957-1700
  • Listing Agent: Cheryl Maggio

IDX Disclaimer: 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/27/2025, 5:20:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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347 Summer St, Lynn, MA 01905 - view of building exterior

$1,100,000

347 Summer St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

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0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 25, 1995
Home Sold
$18,200
May 27, 1987
Home Sold
$190,000
May 26, 1987
Home Sold
$190,000

Tax history

YearAssessmentProperty Tax
2024$901,500$9,493
2023$804,600$8,971
2022$726,900$9,035
2021$642,800$8,376
2020$581,200$7,788
2019$521,800$7,462

History based on county public records data.

Nearby schools

2

Wm P Connery

Public District PK-5

0.1 mi

50 Elm St

2

Washington Elementary School

Public District PK-5

0.3 mi

58 Blossom St

2

Cobbet Elementary School

Public District KG-5

0.4 mi

40 Franklin St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $20,993. Typical income of Lynn, MA residents is less than $<35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

68%
<35k
29%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

56%
Single, No Kids
21%
Single, with Kids
15%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
8%
12-17 yrs old
22%
18-34 yrs old
34%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Pro BoxingPro Boxing
  • UFCUFC

Where do the neighbors shop?

  • Chico'sChico's
  • BurlingtonBurlington
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • PopeyesPopeyes
  • Burger KingBurger King

What do the neighbors drive?

  • OldsmobileOldsmobile
  • DodgeDodge
  • BuickBuick

What do the neighbors listen to?

  • NewsNews
  • Urban ContemporaryUrban Contemporary
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 347 Summer St in Lynn, MA and zip code 01905. This 4,214 square foot home, which was built in 1900, sits on a 0.11 acre lot. Features: 11 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since May 16, 2025 and is currently priced at $1,100,000.

Lynn, MA housing market in April 2025 saw over 27 listings sold above listed price, more than 2 sold at listed price and over 8 sold below. The number of listings in Lynn, MA increased by 10.1% between March and April 2025. Listings spent 22 days on the market in April 2025, and had a median list price of $589,066 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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