190 Washington St, Lynn MA 01902
Lynn, MA 01902
$1,575,000
Est. $9,402/month
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About this home
190 Washington St contains six (6) 2-Bedroom/1-Bathroom units with 6,015 square feet of gross living area in 8,050 square feet of gross area. The Property is situated upon a 0.11-acre parcel and features five (5) off-street parking spaces.The Property is well-positioned in downtown Lynn, offering strong access to the city’s central business district, neighborhood retail corridors, and surrounding residential neighborhoods. Tenants are responsible for gas-powered heat, hot water, and electricity, while the Landlord is responsible for providing city water & sewer. Lynn, Massachusetts is undergoing significant redevelopment and expansion drivenby long-term planning and major investment in its waterfront and downtown areas. The opportunity exists to acquire a well-maintained asset in a densely populated Greater Boston area with high upside potential.
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Recently Sold Nearby
Property History
Market Insights
66.7%
Price Range
1
Previous Sales
Property Timeline
Status: Active under contract
Jun 19, 2026
Active → Active Under Contract
Listed for Sale
Apr 13, 2026
$1,575,000
Original listing
Agent: Stephen Girolamo
Office: Horvath & Tremblay
Listed for Sale
Apr 13, 2026
$1,575,000
Original listing
Agent: Stephen Girolamo
Office: Horvath & Tremblay
Previous Transaction - MLS #71977603
Full transaction history available when tracking began
Previously Sold
May 23, 2016
$525,000
MLS #71977603
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/19/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 04/13/2026 | 🏠 Listed for Sale | $1,575,000 | - | - | Original listing |
| 04/13/2026 | 🏠 Listed for Sale | $1,575,000 | - | - | Original listing |
| 05/23/2016 | 🏷️ Previously Sold | $525,000 | - | - | MLS #71977603 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $14,861 | $1,442,800 |
Financial Details
Annual Property Tax
$14,861
Tax Year 2026
Assessed Value
$1,442,800
Facts & Features
Home Facts
Type
Residential Income
Style
5+ Family - 5+ Units Up/Down
Year Built
1873
Living Area
6,015 sq ft
Lot Size
0.11 acres
Stories
5
Bedrooms
12
Full Baths
6
Total Rooms
24
Investment Metrics
Units
6
Unit 1 Rent
$2,200/mo · N
Unit 2 Rent
$1,950/mo · N
Unit 3 Rent
$2,200/mo · N
Unit 4 Rent
$2,200/mo · N
Total Monthly Rent
$8,550/mo
Gross Income
$158,640
Net Operating Income
$104,358
Operating Expenses
$54,282
Cap Rate
6.63%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
Tar/gravel
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Off Street
Total Spaces
5
Utilities
Electric
Individually Metered
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$14,861
Assessed Value
$1,442,800
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Essex
Total market time (incl. prior listings)
68 days
Property Overview
Property Type
5+ Family - 5+ Units Up/Down
Listing Type
Sale Pending
Year Built
1873
Bedrooms
12
Full Bathrooms
6
Living Area
6,015 sq ft
Total Rooms
24
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
6,015 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1873
Structure Type:
Exterior Materials:
Roof:
Tar/Gravel
Foundation:
Other
Stories:
5
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Other
Road Surface:
Parking & Garage
Total Parking Spaces:
5
Parking Features:
Off Street
Nearby Schools
School District
Lynn School District local
D
School Safety
2024-25
3.5%
Above Average
3.0%
Suspensions
0.3%
In-School
0.1%
Expulsions
0.4%
Emergency
2.0% below state avg
Elementary Schools
10 schools
B-
KIPP Academy Lynn Charter School
0.1 mi
|
#197 of 346
|
Score: 51.6
Improved 64 spots from last year
-6.6 below state avg
1,637 students
Moderate
High Graduation Rate
Rising School
College Ready Curriculum
Grades K-12
C-
Lynn Vocational Technical Institute
0.6 mi
|
#284 of 346
|
Score: 42.8
Improved 50 spots from last year
-15.5 below state avg
1,584 students
Moderate
Early College Program
Rising School
Career Tech Programs
Grades PK-12
St. Pius V Elementary School
0.9 mi
Grades PK-08
Sacred Heart Elementary School
1.2 mi
Grades PK-08
The Hathaway School
1.4 mi
Grades PK-08
North Shore Christian School
1.5 mi
Grades PK-08
TEAMS Academy at Virginia Barton Center
2.0 mi
Grades PK-12
C-
Cobbet Elementary School
0.3 mi
|
#696 of 824
|
Score: 36.0
Improved 70 spots from last year
-22.3 below state avg
616 students
Less Diverse
Rising School
Grades PK-05
C
Robert L Ford School
0.4 mi
|
#614 of 824
|
Score: 40.0
Improved 183 spots from last year
-18.2 below state avg
410 students
Less Diverse
Rising School
Grades K-05
C
Washington Elementary School
0.4 mi
|
#646 of 824
|
Score: 38.4
Improved 125 spots from last year
-19.8 below state avg
453 students
Moderate
Rising School
Grades K-05
Middle Schools
2 schools
C-
Thurgood Marshall Middle School
1.1 mi
|
#311 of 352
|
Score: 30.5
Improved 40 spots from last year
-27.7 below state avg
1,310 students
Moderate
Rising School
Grades 06-08
C+
Pickering Middle School
1.4 mi
|
#226 of 352
|
Score: 38.6
Improved 81 spots from last year
-19.6 below state avg
583 students
Diverse
Rising School
Grades 06-08
High Schools
6 schools
City Arts & Sciences Academy at Fecteau-Leary
0.3 mi
Grades 06-12
St. Mary's High School
0.3 mi
Grades 07-12
B
Fredrick Douglass Collegiate Academy
0.6 mi
|
#12 of 25
|
Score: 33.4
Improved 330 spots from last year
-24.8 below state avg
235 students
Moderate
Early College Program
Rising School
Grades 06-12
B-
Harold Durgin Success Academy
0.3 mi
|
#16 of 25
|
Score: 30.4
Improved 329 spots from last year
-27.8 below state avg
94 students
Diverse
Rising School
Career Tech Programs
Grades 09-12
D
Lynn English High School
0.8 mi
|
#318 of 346
|
Score: 33.5
Improved 37 spots from last year
-24.8 below state avg
2,062 students
Moderate
18 sports
• 1,425 athletes
Early College Program
Rising School
Career Tech Programs
Strong Athletics
Grades 09-12
C-
Classical High School
1.8 mi
|
#302 of 346
|
Score: 37.9
Improved 51 spots from last year
-20.3 below state avg
1,795 students
Moderate
Early College Program
Rising School
Career Tech Programs
Grades 09-12
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Including down payment
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Down: $0
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Monthly Payment Breakdown
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Property Tax
$1,238
Homeowners Insurance
$200
PMI (if <20% down)
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Total of 360 payments
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
190 Washington St, Lynn MA 01902
Lynn, MA 01902
Listing Information
Listing Agent
Stephen Girolamo
Listing Office
Horvath & Tremblay
Office Phone
781-776-4000
Agent MLS ID
CN227795
Office MLS ID
AN2723
Listing Data Updated
Aug 17, 2026 9:21 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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