53 Arlington St, Lynn MA 01902

Lynn, MA 01902
$1,316,000
Est. $6,855/month
12
Beds
6
Baths
5,712
Sq Ft
$230
Price/Sq Ft
0.11
Acres
1890
Year Built
2
Parking
2 hours 6 minutes
Time on Market
For Sale Listed Aug 14, 2026 • MLS# 73563784 Copied! • Updated Aug 14, 2026

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About this home

We are excited to present this 6-unit multifamily deal located at 53 Arlington Street in Lynn, MA. The building consists of six 2-bedroom / 1-bathroom units with spacious unit layouts. Ideally situated in a sought after area, the property benefits from easy access to local amenities and excellent connectivity, with multiple bus routes and the MBTA train station providing convenient transportation options to downtown Lynn and Boston. This asset presents an excellent opportunity for investors with potential for value-add improvements and long-term growth. Four units are currently on annual leases with two units delivered vacant.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Aug 14, 2026
$1,316,000
Original listing
Agent: Daniel Alper Office: Boston Realty Advisors

Tax History

Year Taxes Assessment
2026 $9 $9

Financial Details

Annual Property Tax
$9
Tax Year 2026
Assessed Value
$9

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1890
Living Area 5,712 sq ft
Lot Size 0.11 acres
Stories 5
Bedrooms 12
Full Baths 6
Total Rooms 24

Investment Metrics

Units 6
Unit 1 Rent $2,150/mo · N
Unit 2 Rent $2,163/mo · Y
Unit 3 Rent $2,100/mo · Y
Unit 4 Rent $2,100/mo · Y
Total Monthly Rent $8,513/mo
Gross Income $146,116
Net Operating Income $97,898
Cap Rate 7.44%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Interior Entry
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Paved Drive, Shared Driveway
Total Spaces 2
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $9
Assessed Value $9
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Sq Ft Disclosures 7808 Gross Square Feet
Documents None
County Essex

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1890
Bedrooms
12
Full Bathrooms
6
Living Area
5,712 sq ft
Total Rooms
24
Stories
5
Levels
5

Floor Layout

Interior Features

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

Construction & Materials

Year Built: 1890
Structure Type:
Exterior Materials:
Roof:
Foundation: Other
Stories: 5

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:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Paved Drive, Shared Driveway

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
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1
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

53 Arlington St, Lynn MA 01902

Lynn, MA 01902

Listing Information

Listing Agent Daniel Alper
Listing Office Boston Realty Advisors
Office Phone 617-375-7900
Agent MLS ID CN254381
Office MLS ID AN8461
Listing Data Updated Aug 14, 2026 11:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

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BMN Boston Real Estate
Douglas Elliman
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