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20 Melvin Ave, Lynn MA 01902

Lynn, MA 01902 • East Lynn
$329,900
Est. $2,145/month
0.04
Acres
1890
Year Built
12 hours 52 minutes
Time on Market
Active Listed Jun 23, 2026 • MLS# 73540200 Copied!

About this home

Swampscott/Lynn Line! Located At 20 Melvin Avenue, This Commercial Property Offers Excellent Potential For Investors, Developers, Or Owner-Occupants. Currently Used As A Retail Space, It Is Well Suited For A Variety Of Uses Including Retail Storefront, Professional Office, Salon, Barber Shop, Or Other Service-Based Business.The Property Benefits From Strong Visibility, Convenient Access, And A Desirable Location Near The Swampscott Line With Easy Access To Surrounding Residential Neighborhoods. In Addition, The Property Has Received Approval From The Lynn Zoning Board Of Appeals For Residential Development, With Approved Architectural Plans Available For A New Single-Family Home. Conveniently Located Near Shopping, Restaurants, Public Transportation, Beaches, And Major Commuter Routes, This Property Offers Strong Flexibility And Long-Term Value. Whether Continuing Its Current Use, Starting A New Business, Or Pursuing Residential Development!

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Property Overview

Listing Type
Commercial Sale
Year Built
1890

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1890
Lot Size 0.04 acres

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 None
Sewer None
Gas None
Other Public Water, Public Sewer, Natural Gas Available, 220 Volts

Financial

Annual Tax $3,317

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1890
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

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

Parking & Garage

Parking Features:

Location

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Neighborhood

East Lynn

20 Melvin Ave, Lynn MA 01902

Lynn, MA 01902

Walkability

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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
E

Elementary Schools

3 schools
The Hathaway School
0.2 mi
Grades PK-08
A-
Aborn School
0.2 mi | #226 of 824 | Score: 53.5
Improved 252 spots from last year
-4.7 below state avg
224 students Diverse
Rising School Diverse Student Body
Grades K-05
C
Hood School
0.4 mi | #617 of 824 | Score: 39.9
Improved 28 spots from last year
-18.3 below state avg
541 students Moderate
Rising School
Grades PK-05
M

Middle Schools

3 schools
C-
Thurgood Marshall Middle School
0.5 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
B+
Swampscott Middle School
1.4 mi | #122 of 352 | Score: 47.2
Dropped 51 spots from last year
-11 below state avg
654 students Moderate
Grades PK-08
C+
Pickering Middle School
1.6 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
H

High Schools

3 schools
A-
Swampscott High School
0.6 mi | #98 of 346 | Score: 60.1
Dropped 66 spots from last year
+1.9 above state avg
706 students Moderate
18 sports • 1,578 athletes
Strong AP Program High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
D
Lynn English High School
0.7 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
B
Fredrick Douglass Collegiate Academy
1.4 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
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

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

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $276
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
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Current Rate
$0/mo
+0.5% Rate
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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.

Property History

Property Timeline

🏠
Listed for Sale
Jun 23, 2026
$329,900
Original listing
Agent: Colleen Toner Office: Toner Real Estate, LLC

Price & Status History

Date Event Price Change
Jun 23, 2026 New Listing Added $329,900 —
Jun 23, 2026 Sold $329,900 —

Market Statistics

Time on Market
12 hours 52 minutes
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
2025 $3,317 —

Financial Details

Annual Property Tax
$3,317
Tax Year 2025

Listing Information

Listing Agent Colleen Toner
Listing Office Toner Real Estate, LLC
Agent MLS ID C1541120
Office MLS ID AC1714
Listing Data Updated Jun 23, 2026 12:41 PM 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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20 Melvin Ave, Lynn MA 01902 - Photo 1
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