42 Valley Ave

2,388 Sq. Ft.
$335 / Sq. Ft.
2,388
Sq. Ft.
$335
per Sq. Ft.

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 units. First floor will be delivered vacant for new owner. This property makes sense for the owner occupant and for investor looking to extend...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.
  1. Listed by Jose Reyes • Re-yes Real Estate

Property Details for 42 Valley Avenue

Town
Lynn
Area
MA-Lynn
Garage Spaces
0
Parking Spaces
4.00
Parking Spaces Total
4
LISTING UPDATED: 10/11/2025 09:14 AM

Property Details for 42 Valley Avenue

StatusSold
MLS #73385270
Days on Market68
Taxes$7,968 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1880
CountyEssex County

Location

Listing Courtesy of Re-yes Real Estate, Jose Reyes

Sold By eXp Realty, Samyr Rojas

Add your commute

Building Information for 42 Valley Avenue

Stories3Residences2Year Built1880Building Size-Lot Size0.06 AC / 2,566 SF

Payment Calculator

$4,563 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,899

Property Taxes

$664

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 42 Valley Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Current Financing: FHA
  • Living Area: 2388.0
  • Color: Beige
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Location/School
  • Grade School: Ford
  • High School: English
  • Middle School: Marshalls
Features
Interior Features
  • Basement Features: Full, Interior Access, Concrete Floor, Unfinished Basement
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • DoorFeatures: Insulated Doors
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Roof Material: Shingle
  • Waterfront Features: Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Electric: 110 Volts, 100 Amp Service
  • Sewage District: LYNN
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Range
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: Leased Solar panels to be transferred to new owner.Seller is firm on asking price.
Tax Information
  • Listing Terms: Contract
  • Tax ID: M:069 B:665 L:001,2004299
  • Assessments: $769,105
  • Book: 36844
  • Tax Year: 2025
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Foundation Area: 999.0
  • Levels: 3
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 2
  • Heat Zones: 2
Income / Expenses
  • GOI: $50,400.00
  • NOI: $50,400.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $4,200.00

Property History for 42 Valley Avenue

DateEvent & SourcePriceAppreciation
Oct 10, 2025

Sold

MLS PIN #73385270

$800,000—
Aug 20, 2025

Under Agreement

MLS PIN #73385270

—
Aug 20, 2025

Contingent

MLS PIN #73385270

—
Aug 13, 2025

Under Agreement

MLS PIN #73385270

—
Aug 13, 2025

Contingent

MLS PIN #73385270

—
Aug 8, 2025

Under Agreement

MLS PIN #73385270

—
Aug 8, 2025

Contingent

MLS PIN #73385270

—
Aug 2, 2025

Price Change

MLS PIN #73385270

$799,900—
Jun 25, 2025

Price Change

MLS PIN #73385270

$815,000—
Jun 3, 2025

Listed (Active)

MLS PIN #73385270

$825,000—
Jul 6, 2018

Sold

MLS PIN #72338304

$545,000—
Jun 5, 2018

Contingent

MLS PIN #72338304

—
Jun 1, 2018

Listed (Active)

MLS PIN #72338304

$499,900—
May 10, 2006

Sold (Public Record)

Public Record #195768013

$349,000

+18.2% / yr

May 9, 2006

Sold

MLS PIN #70336703

$349,000—
Apr 4, 2006

Under Agreement

MLS PIN #70336703

—
Apr 4, 2006

Contingent

MLS PIN #70336703

—
Feb 25, 2006

Listed (Active)

MLS PIN #70336703

$349,000—
Jul 19, 2005

Expired

MLS PIN #70175975

$379,000—
Apr 19, 2005

Listed (Active)

MLS PIN #70175975

$379,000—
Apr 10, 2005

Expired

MLS PIN #70132540

$379,000—
Jan 10, 2005

Listed (Active)

MLS PIN #70132540

$379,000—
Apr 13, 2004

Expired

MLS PIN #30789761

$359,000—
Nov 13, 2003

Listed (Active)

MLS PIN #30789761

$369,000—
Dec 21, 1998

Sold (Public Record)

Public Record #87104042

$101,500

+11.3% / yr

Dec 18, 1998

Sold

MLS PIN #30253750

$101,500—
Nov 2, 1998

Under Agreement

MLS PIN #30253750

—
Nov 2, 1998

Contingent

MLS PIN #30253750

—
Aug 28, 1998

Listed (Active)

MLS PIN #30253750

$109,000—
Aug 4, 1998

Expired

MLS PIN #30208020

$109,000—
Mar 4, 1998

Listed (Active)

MLS PIN #30208020

$109,000—
Aug 19, 1996

Sold (Public Record)

Public Record #87106545

$79,000

+140.9% / yr

Aug 15, 1996

Sold

MLS PIN #30110762

$79,000—
Jun 11, 1996

Under Agreement

MLS PIN #30110762

—
Jun 11, 1996

Contingent

MLS PIN #30110762

—
Jun 11, 1996

Listed (Active)

MLS PIN #30110762

$79,900—
May 20, 1996

Canceled

MLS PIN #30062280

$79,900—
Aug 9, 1995

Listed (Active)

MLS PIN #30062280

$107,800—
Jun 16, 1995

Expired

MLS PIN #30029317

$49,900—
Feb 13, 1995

Listed (Active)

MLS PIN #30029317

$49,900—
Jan 5, 1995

Sold (Public Record)

Public Record #87107142

$19,000—
DateEvent & SourcePrice
10/10/2025

Sold

MLS PIN #73385270

$800,000
08/20/2025

Under Agreement

MLS PIN #73385270

—
08/20/2025

Contingent

MLS PIN #73385270

—
08/13/2025

Under Agreement

MLS PIN #73385270

—
08/13/2025

Contingent

MLS PIN #73385270

—
08/08/2025

Under Agreement

MLS PIN #73385270

—
08/08/2025

Contingent

MLS PIN #73385270

—
08/02/2025

Price Change

MLS PIN #73385270

$799,900
06/25/2025

Price Change

MLS PIN #73385270

$815,000
06/03/2025

Listed (Active)

MLS PIN #73385270

$825,000
07/06/2018

Sold

MLS PIN #72338304

$545,000
06/05/2018

Contingent

MLS PIN #72338304

—
06/01/2018

Listed (Active)

MLS PIN #72338304

$499,900
05/10/2006

Sold (Public Record)

Public Record #195768013

$349,000

+18.2% / yr

05/09/2006

Sold

MLS PIN #70336703

$349,000
04/04/2006

Under Agreement

MLS PIN #70336703

—
04/04/2006

Contingent

MLS PIN #70336703

—
02/25/2006

Listed (Active)

MLS PIN #70336703

$349,000
07/19/2005

Expired

MLS PIN #70175975

$379,000
04/19/2005

Listed (Active)

MLS PIN #70175975

$379,000
04/10/2005

Expired

MLS PIN #70132540

$379,000
01/10/2005

Listed (Active)

MLS PIN #70132540

$379,000
04/13/2004

Expired

MLS PIN #30789761

$359,000
11/13/2003

Listed (Active)

MLS PIN #30789761

$369,000
12/21/1998

Sold (Public Record)

Public Record #87104042

$101,500

+11.3% / yr

12/18/1998

Sold

MLS PIN #30253750

$101,500
11/02/1998

Under Agreement

MLS PIN #30253750

—
11/02/1998

Contingent

MLS PIN #30253750

—
08/28/1998

Listed (Active)

MLS PIN #30253750

$109,000
08/04/1998

Expired

MLS PIN #30208020

$109,000
03/04/1998

Listed (Active)

MLS PIN #30208020

$109,000
08/19/1996

Sold (Public Record)

Public Record #87106545

$79,000

+140.9% / yr

08/15/1996

Sold

MLS PIN #30110762

$79,000
06/11/1996

Under Agreement

MLS PIN #30110762

—
06/11/1996

Contingent

MLS PIN #30110762

—
06/11/1996

Listed (Active)

MLS PIN #30110762

$79,900
05/20/1996

Canceled

MLS PIN #30062280

$79,900
08/09/1995

Listed (Active)

MLS PIN #30062280

$107,800
06/16/1995

Expired

MLS PIN #30029317

$49,900
02/13/1995

Listed (Active)

MLS PIN #30029317

$49,900
01/05/1995

Sold (Public Record)

Public Record #87107142

$19,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 42 Valley Avenue

Taxable ValueLand$183,200Additions$585,905Total$769,105
Tax Record2025$7,968 ($664 / month)
Home Facts
Baths3Total Finished SqFt2,388 SqFtAbove Grade Finished SqFt2,388 SqFtUnfinished Basement SqFt796 SqFtStories3Lot Size2,566 SqFtStyleDuplexYear Built1880Year Renovated1963ZoningR2CountyESSEXAPNLYNN M:069 B:665 L:001

Schools near 42 Valley Avenue

This home is within Lynn School District.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 1 to 5
Public - 6 to 8
Public - 6 to 12
Rating
School
Distance
William R Fallon Elementary School
Public1 to 5

Robert L. Ford K-8 School
Public1 to 5

Thurgood Marshall Middle School
Public6 to 8

Fecteau-Leary Junior/Senior High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Re-yes Real Estate, Jose Reyes

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.