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1-25 Munroe Street, Lynn MA 01901

Lynn, MA 01901
$3,800,000
Est. $20,225/month
10
Beds
8
Baths
18,988
Sq Ft
$200
Price/Sq Ft
0.29
Acres
1900
Year Built
5-9 Family
Type
117
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73116878

About this home

Rarely available downtown parcel in Lynn's CBD district. 12,599 sqft assemblage on the corner of Munroe Street and Market Street. Two buildings and parking lot available for sale. 1 Munroe Street features 1 retail unit and 6 gutted renovated units (2019) over 8215 sqft. High ceilings, new systems, electric service, plumbing, sprinkler, etc. Laundry rooms on each floor. Long term retail tenant. 21 Munroe Street features 5 newly vacated commercial units over 10,773 sqft. All residential units in 1 Munroe Street on leases through 8/31/2024. Lots of development options. Build 10 stories by right or keep as-is.

Sale Statistics

Sale Overview
Original List Price: $3,799,999
Final Sale Price: $3,800,000
Difference: +$1 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold above asking price
117
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $200
Sale $/sq ft: $200
This property sold for $200 per square foot
Sale Summary

This property sold for 0.0% above the original asking price, indicating strong buyer demand.

At 117 days on market, this property took longer than average to sell.

Facts & Features

Property Overview

Property Type
5-9 Family
Property Category
Residential Income
Year Built
1900
Bedrooms
10
Full Bathrooms
6
Half Bathrooms
4
Living Area
18,988 sq ft
Total Rooms
99
Stories
4
Levels
4

Interior Features

Has Fireplace
No
Interior Features
Laundry Room
Basement Details
Partially Finished

Exterior & Structure

Construction Materials
Frame, Brick
Roof
Rubber
Foundation
Granite
Has Spa
No
View
City View(s)
Has View
Yes
Waterfront Features
Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.29 acres
Lot Size
12,599 sq ft
Lot Size Area
0.2900
Lot Features
Corner Lot
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
10
Parking Features
Paved Drive, Off Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
200+ Amp Service

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$32,797
Tax Year
2023
Tax Assessed Value
$2,136,500
Zoning
CBD

Additional Details

Year Built Source
Owner
Year Built Details
Approximate
Disclosures
Sold As-Is, Where-is. Buyer to Perform all due diligence
Exclusions
Tenants Belonings

Location

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Neighborhood

1-25 Munroe Street, Lynn MA 01901

Lynn, MA 01901

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $2,733
Homeowners Insurance $200
PMI $0

Property History

Market Insights

0%
Price Range
115
Total Days on Market

Property Timeline

âś“
Sold
Nov 26, 2024
$3,800,000
Property sold
Days on Market: 115
🏠
Listed for Sale
May 29, 2023
$3,799,999
Original listing
Agent: Julius Sokol Office: Lokos Realty & Management

Price & Status History

Date Event Price Change
May 29, 2023 New Listing Added $3,799,999 —

Market Statistics

Days on Market
117 days
Price per Sq Ft
$200

Tax History

Year Taxes Assessment
2023 $32,797 $2,136,500

Financial Details

Annual Property Tax
$32,797
Tax Year 2023
Assessed Value
$2,136,500

Listing Information

Listing Agent Julius Sokol
Listing Office Lokos Realty & Management
Agent MLS ID NB114069
Office MLS ID NB4834

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