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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
This property sold for 9.3% below the original asking price.
The property spent 78 days on market before selling.
Facts & Features
Property Overview
Interior Features
Exterior & Structure
Lot & Land
Parking & Garage
Utilities & Systems
Community & HOA
Financial & Tax Information
Additional Details
Location
Neighborhood
39 Newhall St, Lynn MA 01902
Lynn, MA 01902
Walkability
Schools
School information not available
Monthly Payment Calculator
Payment Breakdown
Property History
Market Insights
Property Timeline
Sold
Sep 23, 2025Listed for Sale
Mar 4, 2025Date | Event | Price | Change | $/sqft | Details |
---|---|---|---|---|---|
09/23/2025 | ✓ Sold | - | - | - | Property sold |
03/04/2025 | 🏠 Listed for Sale | $4,550,000 | - | - | Original listing |