39 Lynnway, Lynn MA 01902

Lynn, MA 01902
$2,350,000
Est. $12,508/month
12
Beds
12
Baths
7,704
Sq Ft
$305
Price/Sq Ft
0.12
Acres
1910
Year Built
5+ Family - 5+ Units Up/Down
Type
5
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73377229

About this home

Attention Investors! Well-maintained 12 unit apartment building for sale, separate utilities, under a mile from Nahant Beach and North Shore Community College. Spanning three levels, this property features 9 one-bedroom units and 3 studio units, each equipped with a gas oven, refrigerator, and dishwasher. Impressive ocean views from select units and from three common covered front porches, one on each level. The building is outfitted with all separate utilities, including electric heat pumps and central air, and includes coin-operated laundry in the basement. Recent upgrades include a new roof. Located across the street from Lynn Yacht Club and minutes from Lynn center with shops, restaurants parks and museums, the Lynn Ferry that goes directly into the City of Boston, and the Lynn MBTA Station.

Sale Statistics

Sale Overview
Original List Price: $2,350,000
Final Sale Price: $2,350,000
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $305
Sale $/sq ft: $305
This property sold for $305 per square foot
Sale Summary

This property sold exactly at the asking price.

With only 5 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Property Category
Residential Income
Year Built
1910
Bedrooms
12
Full Bathrooms
12
Living Area
7,704 sq ft
Total Rooms
30
Stories
3
Levels
3

Interior Features

Flooring
Wood, Tile, Carpet
Has Fireplace
No
Appliances
Range, Dishwasher, Refrigerator
Interior Features
Living Room, Kitchen
Basement Details
Full, Partially Finished, Walk-Out Access, Interior Entry, Concrete
Window Features
Insulated Windows, Screens

Exterior & Structure

Construction Materials
Frame
Roof
Rubber
Foundation
Stone
Exterior Features
Rain Gutters
Patio/Porch Features
Porch
Has Spa
No
Waterfront Features
Ocean, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.12 acres
Lot Size
5,149 sq ft
Lot Size Area
0.1200
Lot Features
Level
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Has Garage
No

Utilities & Systems

Utilities Available
for Gas Range, for Gas Oven
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, Individually Metered

Community & HOA

Community Features
Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Sidewalks
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$29,072
Tax Year
2025
Tax Assessed Value
$1,486,200
Parcel Number
2002545
Zoning
R5
Financial Data Source
Owner

Additional Details

Year Built Source
Public Records
Year Built Details
Actual

Location

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Neighborhood

39 Lynnway, Lynn MA 01902

Lynn, MA 01902

Walkability

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Schools

School information not available

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $2,423
Homeowners Insurance $200
PMI $0

Property History

Market Insights

6
Total Days on Market

Property Timeline

Sold
Jun 24, 2025
$2,350,000
Property sold
Days on Market: 6
🏠
Listed for Sale
May 19, 2025
$2,350,000
Original listing
Agent: The Synergy Group Office: The Synergy Group

Price & Status History

Date Event Price Change
May 19, 2025 New Listing Added $2,350,000

Market Statistics

Days on Market
5 days
Price per Sq Ft
$305

Tax History

Year Taxes Assessment
2025 $29,072 $1,486,200

Financial Details

Annual Property Tax
$29,072
Tax Year 2025
Assessed Value
$1,486,200

Listing Information

Listing Agent The Synergy Group
Listing Office The Synergy Group
Agent MLS ID TM321745
Office MLS ID AN7316

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