63 Lynnway Portfolio, Lynn, MA 01902
- $13,150,000
- 83
- BD
- 71
- BA
- 41,837
- SqFt
- List Price
- $13,150,000
- Price Change
- ▼ $1,100,000 1785019396
- Days on Market
- 41
- Status
- ACTIVE
- MLS#
- 73538322
- Bedrooms
- 83
- Bathrooms
- 71
- Full Baths
- 71
- Living Area
- 41,837
- Lot Size (Acres)
- 0.77
- Year Built
- 1910
Property Description
Rare portfolio opportunity in Lynn’s Diamond District. The offering includes five multifamily properties located at 63-69 Lynnway, 100, 104 & 106 Newhall Street, plus an additional 9,592 SF parcel at 9 Chancery Lane, zoned R5 with potential development upside. The portfolio consists of 71 residential units, including 19 studios, 39 one-bedroom units, and 13 two-bedroom units, providing a diverse unit mix that appeals to a broad tenant base. Large scale capital improvements have been completed, minimizing near-term capital expenditures for new ownership. This is the opportunity to acquire scale in one of Greater Boston’s most supply-constrained rental markets with strong demand, low vacancy, and long-term appreciation potential.
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Additional Information
- Taxes
- $128,874
- Lot Description
- Corner Lot
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of Listing Agent: Dan Pouladian from Listing Office: North Shore Realty Advisors.
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