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$815,000

42 Valley Ave Lynn, MA 01902

6 beds
3 full
2,388 sqft
0.06 acres
$341 / sqft
Multi-Family

Property details

About 42 Valley Ave

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 units. First floor will be delivered vacant for new owner. This property makes sense for the owner occupant and for investor looking to extend their portfolio, so do not miss out on this one.

Highlights

Home typeMulti Family
StatusActive
Size2,388 sqft
BasementYes
Lot size0.06 Acres
Year built1880
ParkingPaved Drive, Off Street, Paved
MLS #73385270
WaterfrontOcean Front

Summary

  • Full Bathrooms: 3
  • Basement: Yes
  • Flooring Type: Wood, Tile
  • Total Bedroom Count: 6
  • Parking: Paved Drive, Off Street, Paved
  • Waterfront: Ocean Front
  • List Price: $815,000
  • Price/SqFt: $341
  • Annual Tax Amount: $7,590
  • Tax Year: 2024
  • Directions: Off High Rock St
  • Year Built: 1880
  • Stories: 3
  • Living Area: 2,388 SqFt
  • Lot Size: 0.06 Acres
  • MLS Number: 73385270
  • MLS Name: MLS Property Information Network
  • Office Name: Re-yes Real Estate
  • Office Phone: (781) 780-3041
  • Listing Agent: Jose Reyes

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: 7/28/2025, 7:45:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
May 10, 2006
Home Sold
$349,000
Dec 21, 1998
Home Sold
$101,500
Aug 19, 1996
Home Sold
$79,000
Jan 05, 1995
Home Sold
$19,000

Tax history

YearAssessmentProperty Tax
2024$720,800$7,590
2023$646,700$7,211
2022$597,800$7,431
2021$534,300$6,962
2020$512,400$6,866
2019$430,500$6,156

History based on county public records data.

Nearby schools

3

Robert L Ford

Public District 1-5

0.2 mi

49 Hollingsworth St

2

Cobbet Elementary School

Public District KG-5

0.4 mi

40 Franklin St

3

E J Harrington

Public District PK-5

0.6 mi

21 Dexter 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 $38,165. The most common annual income of people living in Lynn, MA is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

46%
<35k
49%
35k-100k
4%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

34%
Single, No Kids
33%
Single, with Kids
12%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
12%
12-17 yrs old
32%
18-34 yrs old
30%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • SoccerSoccer
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

  • BurlingtonBurlington
  • Forever 21Forever 21
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Dominos PizzaDominos Pizza
  • QdobaQdoba

What do the neighbors drive?

  • DodgeDodge
  • MazdaMazda
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 42 Valley Ave

The listing price of 42 Valley Ave property is $815,000.

The property 42 Valley Ave is a multi located in Lynn, Massachusetts, 01902.

Active Listing: 42 Valley Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 42 Valley Ave are: Robert L Ford (GreatSchools Rating 3/10), Cobbet Elementary School (GreatSchools Rating 2/10), E J Harrington (GreatSchools Rating 3/10), Thurgood Marshall Middle School (GreatSchools Rating 4/10), Pickering Middle School (GreatSchools Rating 4/10), Breed Middle School (GreatSchools Rating 2/10), Kipp Academy Lynn Charter School (GreatSchools Rating 5/10), Fecteau-Leary Junior/Senior High School (GreatSchools Rating 1/10), Lynn English High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $7,590 (source: MLS/based on county public records data).

The last sale was on May 10, 2006 for $349,000 (source: MLS/tax record).

The property 42 Valley Ave is 2,388 SqFt (source: MLS/tax record).

The year of construction for 42 Valley Ave is 1880.

This home is located at 42 Valley Ave in Lynn, MA and zip code 01902. This 2,388 square foot home, which was built in 1880, sits on a 0.06 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 4, 2025 and is currently priced at $815,000.

Lynn, MA housing market in June 2025 saw over 36 listings sold above listed price, more than 7 sold at listed price and over 20 sold below. The number of homes for sale in Lynn, MA increased by 5.1% between May and June 2025. The median list price of listings available in June 2025 was $595,000, while the average time on the real estate market was 27 days.

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

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