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589 Essex St # 102, Lynn MA 01901

Lynn, MA 01901
$399,000
Est. $2,924/month
2
Beds
1
Baths
1,119
Sq Ft
$357
Price/Sq Ft
0.58
Acres
1823
Year Built
111
Days on Market
Active Price Drop -$20,000 Listed Nov 5, 2025 • MLS# 73451729 Copied!

About this home

Stunning condo at Sloan Machinery Lofts! Experience the perfect blend of historic charm and modern comfort in this beautiful 2 bedroom, 1 bath unit. Featuring soaring ceilings, oversized windows, and exposed brick, beams, and ductwork, this unique home captures the true essence of loft living. The open-concept kitchen with granite counters and stainless steel appliances, dining area, and living room create an ideal space for entertaining or relaxing. Enjoy hardwood floors throughout, in-unit washer/dryer hookup, and central air for year round comfort. As a corner unit, you’ll love the abundant natural light and privacy that sets this home apart! Pet friendly, prof managed building w/secure entry and deeded parking spot #1 located right outside your door. Perfectly positioned in the heart of historic Lynn, this home sits just 0.4 miles from the Commuter Rail and minutes from the city’s vibrant restaurants, shops, beaches, museum and cultural spots, and Lynn Woods for outdoor enjoyment!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1823
Bedrooms
2
Full Bathrooms
1
Living Area
1,119 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1823
Living Area 1,119 sq ft
Lot Size 0.58 acres
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Wood, Tile, Carpet
Appliances Range, Refrigerator
Fireplace None
Basement N
Laundry First Floor, In Unit, Gas Dryer Hookup, Washer Hookup
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Deeded
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Dryer, Washer Hookup

Financial

Annual Tax $3,944
Assessed Value $380,700

Interior Features

Flooring: Wood, Tile, Carpet
Appliances: Range, Refrigerator
Interior Features:
Windows:
Basement: N
Laundry: First Floor, In Unit, Gas Dryer Hookup, Washer Hookup
Security: Intercom, TV Monitor

Construction & Materials

Year Built: 1823
Effective Year (Renovated): 2005
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
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: 1
Parking Features: Deeded

Location

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Neighborhood

589 Essex St # 102, Lynn MA 01901

Lynn, MA 01901

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

10 schools
B-
KIPP Academy Lynn Charter School
0.2 mi | #197 of 346 | Score: 51.6
Improved 64 spots from last year
-6.6 below state avg
1,637 students Moderate
High Graduation Rate Rising School College Ready Curriculum
Grades K-12
C-
Lynn Vocational Technical Institute
0.5 mi | #284 of 346 | Score: 42.8
Improved 50 spots from last year
-15.5 below state avg
1,584 students Moderate
Early College Program Rising School Career Tech Programs
Grades PK-12
St. Pius V Elementary School
1.0 mi
Grades PK-08
Sacred Heart Elementary School
1.2 mi
Grades PK-08
The Hathaway School
1.4 mi
Grades PK-08
North Shore Christian School
1.6 mi
Grades PK-08
TEAMS Academy at Virginia Barton Center
2.1 mi
Grades PK-12
C-
Cobbet Elementary School
0.2 mi | #696 of 824 | Score: 36.0
Improved 70 spots from last year
-22.3 below state avg
616 students Less Diverse
Rising School
Grades PK-05
C
Washington Elementary School
0.3 mi | #646 of 824 | Score: 38.4
Improved 125 spots from last year
-19.8 below state avg
453 students Moderate
Rising School
Grades K-05
C
Robert L Ford School
0.4 mi | #614 of 824 | Score: 40.0
Improved 183 spots from last year
-18.2 below state avg
410 students Less Diverse
Rising School
Grades K-05
M

Middle Schools

2 schools
C-
Thurgood Marshall Middle School
1.1 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
C+
Pickering Middle School
1.5 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

6 schools
St. Mary's High School
0.2 mi
Grades 07-12
City Arts & Sciences Academy at Fecteau-Leary
0.3 mi
Grades 06-12
B
Fredrick Douglass Collegiate Academy
0.5 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
B-
Harold Durgin Success Academy
0.3 mi | #16 of 25 | Score: 30.4
Improved 329 spots from last year
-27.8 below state avg
94 students Diverse
Rising School Career Tech Programs
Grades 09-12
D
Lynn English High School
0.8 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
C-
Classical High School
1.8 mi | #302 of 346 | Score: 37.9
Improved 51 spots from last year
-20.3 below state avg
1,795 students Moderate
Early College Program Rising School Career Tech Programs
Grades 09-12
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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 $329
Homeowners Insurance $200
HOA Fee $378/mo
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.

Property History

Market Insights

1
Price Changes
4.8%
Price Range

Property Timeline

Price Reduced
Jan 28, 2026
$399,000 $20,000 (-4.77%)
From $419,000 to $399,000 (-4.8%)
🏠
Listed for Sale
Nov 5, 2025
$419,000
Original listing
Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

Price & Status History

Date Event Price Change
Jan 28, 2026 Price Changed $399,000 -$20,000
Nov 5, 2025 New Listing Added $419,000

Market Statistics

Days on Market
111 days
Price per Sq Ft
$357
Total Price Drop
-$20,000

Tax History

Year Taxes Assessment
2025 $3,944 $380,700

Financial Details

Annual Property Tax
$3,944
Tax Year 2025
HOA Fee
$378
Monthly
Assessed Value
$380,700

Listing Information

Listing Agent McGlynn & Nigro Team
Listing Office Berkshire Hathaway HomeServices Commonwealth Real Estate
Agent MLS ID TM319966
Office MLS ID AN4874
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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Market Analytics for Lynn, MA

Real-time market trends and pricing data for this area

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