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99 South St, Lynn MA 01905

Lynn, MA 01905
$1,427,500
Est. $7,598/month
18
Beds
6
Baths
6,630
Sq Ft
$215
Price/Sq Ft
0.13
Acres
1883
Year Built
5-9 Family
Type
33
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73210548

About this home

Price Improvement!!! Welcome to 99 South Street Lynn!!! Rarely available large 6 unit building for sale with so much room for rental revenue growth. Each unit has 5 Rooms and 3 Bedrooms and 1 Bath with separate gas and electric meters. Electrical panels are located in each unit. Rents are below market value with plenty of room for growth. Please see property information attached to the listing and schedule your showing today. Letters of Lead Compliance for each unit attached to Lead Paid Transfer Document, total of 6. All potential buyers must provide proof of funds or approved financing. Motivated seller in order to complete a 1031 Exchange.

Sale Statistics

Sale Overview
Original List Price: $1,600,000
Final Sale Price: $1,427,500
Difference: $172,500 (-10.8%)
Performance Metrics
89.2%
List to Sale Ratio
Sold below asking price
33
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $241
Sale $/sq ft: $215
This property sold for $215 per square foot
Sale Summary

This property sold for 10.8% below the original asking price.

The property spent 33 days on market before selling.

Facts & Features

Property Overview

Property Type
5-9 Family
Property Category
Residential Income
Year Built
1883
Bedrooms
18
Full Bathrooms
6
Living Area
6,630 sq ft
Total Rooms
30
Stories
3
Levels
3

Interior Features

Has Fireplace
No
Basement Details
Full

Exterior & Structure

Foundation
Brick/Mortar
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.13 acres
Lot Size
5,827 sq ft
Lot Size Area
0.1300
Lot Features
Easements

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
7
Parking Features
Paved Drive

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$15,961
Tax Year
2024
Tax Assessed Value
$1,515,800
Parcel Number
M:036 B:776 L:089,2007390
Zoning
R4

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Easement/Right of Way. Sale of property is subject to seller's 1031 exchange. Listing agent and brokerage make no representations and/or warranties. Buyers and their agents are always encouraged to verify any and all information independently. Being Sold AS IS Condition.
Exclusions
Tenant Belongings

Location

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Neighborhood

99 South St, Lynn MA 01905

Lynn, MA 01905

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 $1,330
Homeowners Insurance $200
PMI $0

Property History

Market Insights

4.8%
Price Range
30
Total Days on Market

Property Timeline

✓
Sold
Jun 10, 2024
$1,427,500
Property sold
Days on Market: 30
🏠
Listed for Sale
Mar 9, 2024
$1,499,000
Original listing
Agent: Alexander Colarusso Office: Colarusso Realty

Price & Status History

Date Event Price Change
Mar 9, 2024 New Listing Added $1,499,000 —

Market Statistics

Days on Market
33 days
Price per Sq Ft
$215

Tax History

Year Taxes Assessment
2024 $15,961 $1,515,800

Financial Details

Annual Property Tax
$15,961
Tax Year 2024
Assessed Value
$1,515,800

Listing Information

Listing Agent Alexander Colarusso
Listing Office Colarusso Realty
Agent MLS ID BB922547
Office MLS ID AN6830

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