121 N Common, Lynn MA 01902

Lynn, MA 01902
$999,000
Est. $5,932/month
14
Beds
4.5
Baths
6,000
Sq Ft
$167
Price/Sq Ft
0.12
Acres
1890
Year Built
6
Parking
4 hours 30 minutes
Time on Market
For Sale Listed Aug 14, 2026 • MLS# 73563712 Copied! • Updated Aug 14, 2026

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About this home

Large multi family/ rooming house in a prime location. 14 Bedrooms, 3 full bathrooms, 3 + half bathrooms and other large living areas including kitchen with updated cabinets and granite counters, hardwood floors. Recent updates and paint on top floor and some bathrooms. This is either a rooming house/micro units with big potential for value add or a re-development windfall at nearly 6000 sqft which could easily accommodate 6 new condos at 750sqft each with 1 car parking per unit. Elevator & sprinkler building which enhances it's development appeal. Finished lower level space adds potential for daylight walk out at garden level. High ceilings and original woodwork and character great for conversion, easy access to Western Ave, Nahant, Lynn and Revere waterfronts, walking distance to Commuter Rail, Market Basket as well as the booming Downtown Lynn district. This is an ideal next project. Contact listing agent for access.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
15.3%
Price Range

Property Timeline

Price Reduced
Aug 14, 2026
$999,000 $180,000 (-15.27%)
From $1,179,000 to $999,000 (-15.3%)
🏠
Listed for Sale
Aug 14, 2026
$1,179,000
Original listing
Agent: Dan Bernal Office: Atlantic Coast Homes,Inc

Tax History

Year Taxes Assessment
2025 $8,166 $788,200

Financial Details

Annual Property Tax
$8,166
Tax Year 2025
Assessed Value
$788,200

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - Rooming House
Year Built 1890
Living Area 6,000 sq ft
Lot Size 0.12 acres
Stories 3
Bedrooms 14
Full Baths 3
Half Baths 3
Total Rooms 16

Investment Metrics

Units 14
Unit 1 Rent — · N
Unit 2 Rent — · N
Heating None
Cooling None
Flooring Vinyl, Hardwood
Appliances None
Fireplace None
Basement Full
Laundry None
Features None
Construction Frame
Architecture None
Roof Slate
Features None
Pool None
Spa None
Fencing None
Patio/Porch Deck
Features Off Street
Total Spaces 6
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $8,166
Assessed Value $788,200
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 309 days

Property Overview

Property Type
5+ Family - Rooming House
Listing Type
For Sale
Year Built
1890
Bedrooms
14
Full Bathrooms
3
Half Bathrooms
3
Living Area
6,000 sq ft
Total Rooms
16
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Vinyl, Hardwood
Appliances:
Interior Features:
Windows: Insulated Windows
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1890
Structure Type:
Exterior Materials: Frame
Roof: Slate
Foundation: Stone, Granite
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Deck
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Total Parking Spaces: 6
Parking Features: Off Street

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $681
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

121 N Common, Lynn MA 01902

Lynn, MA 01902

Listing Information

Listing Agent Dan Bernal
Listing Office Atlantic Coast Homes,Inc
Office Phone 978-777-4444
Agent MLS ID BB923122
Office MLS ID AC1991
Listing Data Updated Aug 14, 2026 11:48 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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