28 Linwood Rd, Lynn MA 01905

Lynn, MA 01905
$1,100,000
Est. $5,855/month
12
Beds
10,000
Sq Ft
$110
Price/Sq Ft
0.20
Acres
1900
Year Built
3 Family - Rooming House
Type
151
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73325061

About this home

Spacious 10,000 square property, formerly a nursing home, offers a range of possibilities for a variety of redevelopment opportunities. Situated in a desirable area with R2 zoning, the property provides flexibility for residential, multi-family, or other mixed-use developments. Key features & recent improvements: 12 individual bedrooms, common areas, and multiple bathrooms, full sprinkler system, natural gas generator, redone in 2024, ensuring reliable backup power for the majority of the facility, elevator service & upgrade 2024, 2 yr old rubber roof on the addition & more. Zoning allows for a variety of uses, including residential, multi-family, and certain commercial endeavors. Ideal for redevelopment, assisted living facilities, medical offices, non profits or community-oriented businesses. Whether you are looking to repurpose the building for healthcare, housing, or other uses - there is tremendous potential.

Sale Statistics

Sale Overview
Original List Price: $1,600,000
Final Sale Price: $1,100,000
Difference: $500,000 (-31.3%)
Performance Metrics
68.8%
List to Sale Ratio
Sold below asking price
151
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $160
Sale $/sq ft: $110
This property sold for $110 per square foot
Sale Summary

This property sold for 31.3% below the original asking price.

At 151 days on market, this property took longer than average to sell.

Facts & Features

Property Overview

Property Type
3 Family - Rooming House
Property Category
Residential Income
Year Built
1900
Bedrooms
12
Living Area
10,000 sq ft
Stories
3
Levels
3

Interior Features

Has Fireplace
No

Exterior & Structure

Construction Materials
Frame, Block
Roof
Shingle, Rubber
Foundation
Concrete Perimeter
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.20 acres
Lot Size
8,738 sq ft
Lot Size Area
0.2000
Lot Features
Easements
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
6
Parking Features
Paved Drive, Off Street, Paved

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$15,274
Tax Year
2024
Tax Assessed Value
$756,900
Parcel Number
M:055 B:214 L:002,1991657
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Actual,Renovated Since
Disclosures
Easement granted to property for portion of driveway. See attachment for floorplan.

Location

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Neighborhood

28 Linwood Rd, Lynn MA 01905

Lynn, MA 01905

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 $1,273
Homeowners Insurance $200
PMI $0

Property History

Market Insights

26.6%
Price Range
147
Total Days on Market

Property Timeline

Sold
Jul 22, 2025
$1,100,000
Property sold
Days on Market: 147
🏠
Listed for Sale
Jan 10, 2025
$1,499,000
Original listing
Agent: Team Sonia Rollins & Associates Office: EXIT Premier Real Estate

Price & Status History

Date Event Price Change
Jan 10, 2025 New Listing Added $1,499,000

Market Statistics

Days on Market
151 days
Price per Sq Ft
$110

Tax History

Year Taxes Assessment
2024 $15,274 $756,900

Financial Details

Annual Property Tax
$15,274
Tax Year 2024
Assessed Value
$756,900

Listing Information

Listing Agent Team Sonia Rollins & Associates
Listing Office EXIT Premier Real Estate
Agent MLS ID TM347790
Office MLS ID B95066

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28 Linwood Rd, Lynn MA 01905 - Photo 1 28 Linwood Rd, Lynn MA 01905 - Photo 2 28 Linwood Rd, Lynn MA 01905 - Photo 3

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