589 Essex St # 405, Lynn MA 01901

Lynn, MA 01901
$454,900
Est. $2,421/month
2
Beds
1
Baths
1,157
Sq Ft
$393
Price/Sq Ft
0.58
Acres
1823
Year Built
Condominium
Type
92
Days on Market
Active Listed Sep 26, 2025 • MLS# 73396652

About this home

Sophisticated penthouse loft in the iconic and architecturally striking Sloan Machinery Building, showcasing soaring 12’ beamed ceilings, dramatic 6-ft industrial-style windows, exposed brick walls, and exclusive deeded roof rights directly above the unit. Legally a 2-bedroom, this residence is currently configured as an expansive 1-bedroom, offering a flexible and airy open-concept layout. Interior highlights include rich hardwood flooring, a skylit kitchen with granite countertops and stainless steel appliances, two thoughtfully designed custom PAX walk-in closets, in-unit washer/dryer, a high-efficiency Bosch Combi boiler, and an updated AC system. Includes deeded heated garage parking. This professionally managed, pet-friendly, FHA-approved elevator building features secure ButterflyMX video intercom access. Ideally situated just 0.5 miles from the commuter rail and moments from Lynn’s vibrant restaurants, beaches, shops, and cultural venues—with convenient access to Boston!

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1823
Bedrooms
2
Full Bathrooms
1
Living Area
1,157 sq ft
Total Rooms
3
Stories
1
Entry Level
4

Interior Features

Flooring
Wood
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer
Laundry Features
Closet - Linen, Walk-in Storage, Fourth Floor, In Unit, Gas Dryer Hookup, Electric Dryer Hookup
Basement Details
N
Accessibility Features
Accessible Entrance

Exterior & Structure

Construction Materials
Brick
Roof
Rubber
Exterior Features
Deck - Roof + Access Rights
Patio/Porch Features
Deck - Roof + Access Rights
Has Spa
No
Waterfront Features
1/2 to 1 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.58 acres
Lot Size
25,426 sq ft
Lot Size Area
0.5800

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Parking Features
Under, Heated Garage, Deeded, Off Street
Covered Parking Spaces
1

Utilities & Systems

Utilities Available
for Gas Range, for Gas Dryer, for Electric Dryer
Water Source
Public
Sewer
Public Sewer
Electric
100 Amp Service
Security Features
Intercom

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, T-Station, Other
HOA Fee
$440
HOA Fee Frequency
Monthly
Association Amenities
Elevator(s)
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,555
Tax Year
2025
Tax Assessed Value
$439,700
Parcel Number
M:069 B:642 L:013 S:027,4572052
Zoning
CBD

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Common Walls
No One Above, 2+ Common Walls
Attached Property
Yes
Disclosures
Master Deed and Public Record reflects 2 bedroom unit. Owner has been using it as a 1 bedroom.

Location

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Neighborhood

589 Essex St # 405, Lynn MA 01901

Lynn, MA 01901

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 $380
Homeowners Insurance $200
HOA Fee $440
PMI $0

Property History

Property Timeline

🏠
Listed for Sale
Jun 25, 2025
$454,900
Original listing

Price & Status History

Date Event Price Change
Jun 25, 2025 New Listing Added $454,900

Market Statistics

Days on Market
92 days
Price per Sq Ft
$393

Tax History

Year Taxes Assessment
2025 $4,555 $439,700

Financial Details

Annual Property Tax
$4,555
Tax Year 2025
HOA Fee
$440
Monthly
Assessed Value
$439,700

Listing Information

Listing Agent Nikolas Amicone
Listing Office Amicone & Associates
Agent MLS ID CN225305
Office MLS ID AN5805

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