39 Newhall St, Lynn MA 01902

Lynn, MA 01902
$4,400,000
Est. $23,419/month
31
Beds
23
Baths
16,052
Sq Ft
$274
Price/Sq Ft
0.14
Acres
1910
Year Built
5+ Family - 5+ Units Side by Side
Type
78
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73340893

About this home

39 Newhall (20 Units) and 8 Suffolk (3 Units) contain a total of twenty-three (23) units on one parcel of land, consisting of eight (8), 2-Bedroom/1-Bathroom units, twelve (12) 1-Bedroom/1-Bathroom units and three (3) 2-Room Studio units. Each unit is separately metered for electricity and gas-fired head, which the tenants pay directly. Hot water is the responsibility of the tenants in the 8 Suffolk units and the landlord in the 39 Newhall units. The landlord is responsible for common area electric and domestic water and sewer. In-place leases are significantly below market rates; the opportunity exists to upgrade the unrenovated unit interiors to drive rental rates in an urban-infill, high demand/supply-constrained residential market.

Sale Statistics

Sale Overview
Original List Price: $4,850,000
Final Sale Price: $4,400,000
Difference: $450,000 (-9.3%)
Performance Metrics
90.7%
List to Sale Ratio
Sold below asking price
78
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $302
Sale $/sq ft: $274
This property sold for $274 per square foot
Sale Summary

This property sold for 9.3% below the original asking price.

The property spent 78 days on market before selling.

Facts & Features

Property Overview

Property Type
5+ Family - 5+ Units Side by Side
Property Category
Residential Income
Year Built
1910
Bedrooms
31
Full Bathrooms
23
Living Area
16,052 sq ft
Total Rooms
74
Stories
3
Levels
3

Interior Features

Has Fireplace
No
Basement Details
Unfinished

Exterior & Structure

Roof
Rubber
Foundation
Other
Has Spa
No
Waterfront Features
3/10 to 1/2 Mile To Beach
Waterfront Property
No

Lot & Land

Lot Size
0.14 acres
Lot Size
6,098 sq ft
Lot Size Area
0.1400
Lot Features
Corner Lot
Road Frontage Type
Public

Parking & Garage

Has Garage
No

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Individually Metered

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$35,186
Tax Year
25
Tax Assessed Value
$3,396,300
Parcel Number
2002648
Zoning
R5

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
8 Suffolk St has De-Leading Compliance documents. 39 Newhall lead paint status is unknown

Location

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Neighborhood

39 Newhall St, 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 $2,932
Homeowners Insurance $200
PMI $0

Property History

Market Insights

Property Timeline

Sold
Sep 23, 2025
Property sold
🏠
Listed for Sale
Mar 4, 2025
$4,550,000
Original listing
Agent: Kelleher - Pentore Team Office: Horvath & Tremblay

Price & Status History

Date Event Price Change
Mar 4, 2025 New Listing Added $4,550,000

Market Statistics

Days on Market
78 days
Price per Sq Ft
$274

Tax History

Year Taxes Assessment
25 $35,186 $3,396,300

Financial Details

Annual Property Tax
$35,186
Tax Year 25
Assessed Value
$3,396,300

Listing Information

Listing Agent Kelleher - Pentore Team
Listing Office Horvath & Tremblay
Agent MLS ID TM359859
Office MLS ID AN2723

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