2-4 Mount Vernon St, Lynn MA 01901

Lynn, MA 01901

$1,100,000

Est. $6,493/month

10

Beds

13

Baths

8,550

Sq Ft

$129

Price/Sq Ft

0.06

Acres

2025

Year Built

5+ Family - 5+ Units Up/Down

Type

247

Days on Market

Active Listed Nov 4, 2025 • MLS# 73451002 Copied! • Updated Nov 8, 2025

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About this home

Located in Lynn’s CBD district, this is a by-right development project with approved plans for 13 total units, including 3 ground-floor commercial spaces, 9 market-rate residential units, and 1 affordable lottery unit. Just steps from the MBTA and surrounded by downtown restaurants and shops. Prime location with strong rental and retail demand. Will be delivered fully permitted, allowing developers to begin construction right away. Excellent opportunity in one of the North Shore’s fastest-growing markets.

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Property History

Property Timeline

🏠

Listed for Sale

Nov 4, 2025

$1,100,000

Original listing

Office: Rise Signature Homes

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
11/04/2025	🏠 Listed for Sale	$1,100,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2025	$8,770	$441,600

Financial Details

Annual Property Tax

$8,770

Tax Year 2025

Assessed Value

$441,600

Facts & Features

Home Facts

Type Residential Income

Style 5+ Family - 5+ Units Up/Down

Year Built 2025

Living Area 8,550 sq ft

Lot Size 0.06 acres

Bedrooms 10

Full Baths 13

Total Rooms 23

Investment Metrics

Units 13

Unit 1 Rent — · N

Unit 2 Rent — · N

Interior

Heating None

Cooling None

Flooring None

Appliances None

Fireplace None

Basement None

Laundry None

Features None

Exterior

Construction None

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features None

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $8,770

Assessed Value $441,600

HOA & Community

Fee Includes None

Amenities None

Optional Fee Includes None

MA Disclosures

Seller Disclosures Broker Has Financial Interest. Currently A Commerical Space. Seller Does Not Have Permit In Hand, Permit Will Be Obtain Prior To Closing.

Additional Details

Possession None

Accepted Financing None

Structure Type []

Sq Ft Source Other

Sq Ft Disclosures To be built

Documents None

County Essex

Total market time (incl. prior listings) 4 days

Property Overview

Property Type

5+ Family - 5+ Units Up/Down

Listing Type

For Sale

Year Built

2025

Bedrooms

10

Full Bathrooms

13

Living Area

8,550 sq ft

Total Rooms

23

Stories

3

Levels

3

Room Details

Other Floor

Bathroom1

Bedroom5

Bedroom4

Bedroom3

Dining Room

Kitchen

Bathroom2

Bedroom2

Living Room

Bathroom3

Master Bedroom

Office

Family Room

Master Bathroom

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Year Built: 2025

Structure Type:

Exterior Materials:

Roof:

Foundation: Concrete Perimeter, Stone

Stories: 3

Heating, Cooling & Utilities

Heating:

Cooling:

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features: Corner Lot

Road Surface:

Parking & Garage

Parking Features:

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

Home Price

Down Payment

%

Down: $0

Interest Rate

%

Loan Term 30 years 15 years

Monthly Payment Breakdown

Principal & Interest $0

Property Tax $731

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

2-4 Mount Vernon St, Lynn MA 01901

Lynn, MA 01901

Listing Information

Listing Office Rise Signature Homes

Office Phone 617-383-5659

Agent MLS ID G9503048

Office MLS ID AN8910

Listing Data Updated Nov 8, 2025 3:05 AM EST

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 800 - 9008 contact@bmnboston.com

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