Contacts
Yannios RE Investment Sales
Property Details
- Property Type Multi-Family
- Property Size 15,729 SF
- Units 25
- Lot Size 0.15 SF
- Cap Rate % 7
- Rental Income / YR $478,500.00
- NOI / YR $341,000.00
- Taxes / YR $39,376.00
- # of Floors 3
- Parking Spaces Avail. 18
- Parking Ratio 1.14 / 1,000 SF
- Year Built 1890
- Date Updated Jul 13, 2026
- Construction Type frame
Yannios RE Investment Services, as exclusive agent, is proud to present a rare investment opportunity, that has not been available to the open market in 20 years. This offering represents a rare opportunity to acquire in one of the most supply-constrained submarkets in the Boston market. The Building consist of 9-two bedrooms, 12-one bedrooms, 4 studios. Tenant paid heat and electric, hot water included in the rent. The units have sub-panels, newer ceramic tile & vinyl flooring, newer bathrooms, kitchens partial updated. The common hallways have newer vinyl plank flooring and lighting & newer roof. The common hallways have newer vinyl plank flooring and lighting & newer rubber roof. Value-add upside positioning the property to capture rent growth in a high-demand, low-vacancy market with access to public transportation and commuting routes into Boston. Demand drivers for rental housing in the Lynn market continue to strengthen, making this property ideally positioned for both long term rental growth and appreciation. Building maintained well and in good condition. Interested and qualified buyers will be able to tour the property and obtain additional information...
Reach out to the broker for more info on lease terms and amenities
Getting around
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95/100
Walk Score ®
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48/100
Transit Score ®
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43/100
Bike Score ®
Location
- City Lynn, MA
- Neighborhood Lynn
- Zip Code 01902
- Market Boston
Points of Interest
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Lynn Interim Commuter Rail Station
0.23 miles
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Lynn
0.25 miles
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Swampscott
1.25 miles
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Wonderland
4.36 miles
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Revere Beach
4.72 miles
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Salem
4.73 miles
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Beachmont
5.35 miles
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Beverly Depot
6.37 miles
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Oak Grove
6.73 miles
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Chelsea
6.90 miles
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Speedway
0.20 miles
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J & S Transport
0.75 miles
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AL Prime Energy
1.14 miles
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Richdale Stores
1.38 miles
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Prime
1.62 miles
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Richdale
1.71 miles
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Gibbs
1.86 miles
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Spiro's
2.28 miles
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Monument Square Service
3.35 miles
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eVgo
4.17 miles
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MBTA Parking Garage
0.28 miles
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Faculty/Staff Parking
0.33 miles
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Visitor Parking
0.79 miles
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MBTA Lynn Garage Facility Employee Parking
1.79 miles
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Bates/Harrington Lot
3.14 miles
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Harrington Faculty Lot
3.21 miles
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Alumni Hill Lot
3.21 miles
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Central Campus Lot
3.45 miles
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Nahant Thicket Wildlife Sanctuary Parking
3.46 miles
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Boston Common Parking Garage
9.86 miles
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The Coach House
3.99 miles
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WoodSpring Suites Boston North
4.04 miles
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Red Roof Plus+ Boston - Logan
4.06 miles
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Chisholm's Motor Inn
4.06 miles
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Boston Marriott Peabody
4.07 miles
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Avalon Motel
4.11 miles
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Holiday Inn Express
4.13 miles
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Colonial Traveler Inn
4.34 miles
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SpringHill Suites
4.36 miles
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Four Points Boston Logan International Airport
4.41 miles
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Poblano's Mexican Grocery
0.16 miles
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Ironbound Marketplace & Food Emporium
0.19 miles
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Contreas Grocery
0.22 miles
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Shaw's
0.40 miles
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Stop & Shop
0.75 miles
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Market Basket
1.15 miles
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Mekong Market
1.36 miles
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Walmart
1.45 miles
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La Familia Market
1.51 miles
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Black Friday Year Round
1.62 miles
Yannios RE Investment Sales