55 Atlantic Street, Lynn MA 01902

Lynn, MA 01902 • Diamond District
$1,000,000
Est. $5,322/month
6
Beds
4.5
Baths
4,627
Sq Ft
$216
Price/Sq Ft
0.24
Acres
1871
Year Built
3 Family
Type
48
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73133659

About this home

Historic, Benjamin Spinney House in highly desirable Diamond District. Gorgeous, nearly 11' ceiling height, retaining many original period features such as Victorian ornaments, stunning fireplace mantles, stained glass, ornamental brick work, unaltered woodwork, oak hardwoods on 1st and 2nd floors. Enormous 3 story building with unique layout consists of 6 bedrooms, 4.5 baths, plenty of closet and storage space throughout. Ample off-street parking with vegetable garden, huge unfinished basement with 9.5' ceilings has many possibilities on 1/4-acre landscaped lot. Investment opportunity - 3 family rental properties or enjoy owner-occupied stunning bi-level unit with in-law apt. or au-pair on 3rd floor and has 2 one-bedroom rental properties on first floor for extra income. Walking distance to commuter rail to North Station, 2 blocks to beaches, restaurants, shops. Showing by appointment, property can be delivered fully vacant, sold as you see it.

Sale Statistics

Sale Overview
Original List Price: $1,150,000
Final Sale Price: $1,000,000
Difference: $150,000 (-13.0%)
Performance Metrics
87.0%
List to Sale Ratio
Sold below asking price
48
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $249
Sale $/sq ft: $216
This property sold for $216 per square foot
Sale Summary

This property sold for 13.0% below the original asking price.

The property spent 48 days on market before selling.

Facts & Features

Property Overview

Property Type
3 Family
Property Category
Residential Income
Year Built
1871
Bedrooms
6
Full Bathrooms
4
Half Bathrooms
1
Living Area
4,627 sq ft
Total Rooms
16
Stories
4
Levels
4

Interior Features

Flooring
Wood, Tile, Carpet, Varies, Hardwood, Parquet, Stone/Ceramic Tile
Heating
Baseboard, Hot Water, Natural Gas, Unit Control
Has Heating
Yes
Cooling
None
Has Cooling
No
Fireplace Features
Wood Burning
Has Fireplace
Yes
Number of Fireplaces
4
Appliances
Washer, Dryer, Range, Dishwasher, Disposal, Refrigerator, Range Hood
Interior Features
Storage, Laundry Room, Pantry, Crown Molding, Walk-In Closet(s), Bathroom With Tub & Shower, Smart Thermostat, Ceiling Fan(s), Bathroom with Shower Stall, Kitchen, Living RM/Dining RM Combo, Living Room, Dining Room, Office/Den
Laundry Features
Electric Dryer Hookup
Basement Details
Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
Window Features
Picture Window, Box/Bay/Bow Window(s), Skylight(s), Stained Glass Window(s), Storm Window(s)

Exterior & Structure

Construction Materials
Frame, Brick, Stone
Roof
Shingle, Rubber
Foundation
Stone, Brick/Mortar, Granite
Exterior Features
Balcony/Deck, Rain Gutters, Professional Landscaping, Fruit Trees, Garden
Patio/Porch Features
Porch, Deck - Wood, Covered
Fencing
Fenced
Has Spa
No
Waterfront Features
Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.24 acres
Lot Size
10,670 sq ft
Lot Size Area
0.2400
Lot Features
Other
Road Frontage Type
Public

Parking & Garage

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

Utilities & Systems

Utilities Available
for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Electric Dryer
Water Source
Public
Sewer
Public Sewer
Electric
110 Volts, 220 Volts, Circuit Breakers, 150 Amp Service, Individually Metered, Varies per Unit
Security Features
Security System

Community & HOA

Community Features
Public Transportation, Park, Walk/Jog Trails, Bike Path, Highway Access, Public School, T-Station
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$13,209
Tax Year
2023
Tax Assessed Value
$1,184,700
Parcel Number
2002004
Zoning
R2
Financial Data Source
Tax Return

Additional Details

Year Built Source
Public Records
Year Built Details
Actual,Certified Historic
Disclosures
Currently no Flood Insurance required, Security system monitoring connection in first floor 2 Apt's, 2 fireplaces are decorative, partial ocean view from 3rd floor.
Exclusions
Tenant's Belongings.
Listing Terms
Contract

Location

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Neighborhood

Diamond District

55 Atlantic Street, Lynn MA 01902

Lynn, MA 01902

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 $1,101
Homeowners Insurance $200
PMI $0

Property History

Market Insights

13%
Price Range
41
Total Days on Market

Property Timeline

Sold
Oct 27, 2023
$1,000,000
Property sold
Days on Market: 41
🏠
Listed for Sale
Jul 14, 2023
$1,150,000
Original listing
Office: Coldwell Banker Realty - Newton

Price & Status History

Date Event Price Change
Jul 14, 2023 New Listing Added $1,150,000

Market Statistics

Days on Market
48 days
Price per Sq Ft
$216

Tax History

Year Taxes Assessment
2023 $13,209 $1,184,700

Financial Details

Annual Property Tax
$13,209
Tax Year 2023
Assessed Value
$1,184,700

Listing Information

Listing Agent Yoshiko Matsumoto
Listing Office Coldwell Banker Realty - Newton
Agent MLS ID BB302401
Office MLS ID AN6227

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