Summer Street Condos

Lynn, Massachusetts, is a historic coastal city located just north of Boston, known for its vibrant arts scene, diverse community, and scenic oceanfront. Situated along the Atlantic coastline, Lynn boasts stunning natural features, including Lynn Shore and Nahant Beach Reservation, which offer residents and visitors beautiful waterfront views and recreational opportunities. Founded in the 1600s, the city has a rich industrial past, once thriving as a center for shoe manufacturing and other industries. Today, Lynn is a dynamic mix of old and new, with historic architecture blending alongside modern developments. The city’s revitalized downtown features an array of restaurants, local businesses, and cultural institutions, including the Lynn Museum and Lynn Auditorium, which hosts concerts and events throughout the year. Lynn has emerged as a hub for arts and culture, attracting creatives and young professionals who contribute to its growing reputation as a center for innovation and expression. Murals and public art installations add vibrancy to the city’s streets, while galleries and performance spaces support a thriving local arts community. The city’s diverse population brings a variety of cultural influences, reected in its dining scene, festivals, and neighborhood celebrations. With access to public transportation, including a commuter rail stop that connects to Boston in under 30 minutes, Lynn is an appealing location for those seeking affordability and convenience near the city. Its blend of waterfront beauty, historic charm, and evolving urban energy makes Lynn a unique and compelling place to live and visit.Northeast Private Client Group is proud to exclusively represent the Summer Street Condos located at 386 Summer Street Lynn, MA. This 20-unit, 14,000 square foot multifamily asset presents a rare opportunity in the high-growth Lynn market. The property consists entirely of two-bedroom, one bathroom condominium units, with ownership controlling 100 percent of the complex. Built in 1988 and maintained with an efficient layout and desirable unit mix, the asset benefits from strong tenant demand, modernized features, and consistent occupancy driven by tenant paid utilities and off-street parking. Strategically positioned in the heart of Lynn, the property offers excellent accessibility, proximity to key amenities, and direct exposure to one of the most rapidly improving urban environments in Greater Boston. Local population and household growth, combined with rising income levels within one-, three-, and five-mile radius, reinforce the long-term strength of the location. The property represents a new investor the chance to acquire a fully controlled multifamily asset with both stable income and meaningful near term upside.