MA
Essex
Lynn
01902
63 Lynnway Portfolio
63 Lynnway Portfolio, Lynn, MA 01902
Share Listing
Listing Type
Multi Family
Listing Status
Active
33
$14,250,000

Home Details for 63 Lynnway Portfolio

Price
$14,250,000
Type
Residential Income
Bedrooms
83
Total Bathrooms
71
Full Bathrooms
71
Square feet
41837
Year built
1910
Lot size acres
0.77
County
Essex
Total rooms
7
Basement
Full, Unfinished
Days on site
2
MLS Listing#
73538322
Property Description

Rare portfolio opportunity in Lynn’s Diamond District. The offering includes five multifamily properties located at 63-69 Lynnway, 100, 104 & 106 Newhall Street, plus an additional 9,592 SF parcel at 9 Chancery Lane, zoned R5 with potential development upside. The portfolio consists of 71 residential units, including 19 studios, 40 one-bedroom units, and 12 two-bedroom units, providing a diverse unit mix that appeals to a broad tenant base. Large scale capital improvements have been completed, minimizing near-term capital expenditures for new ownership. This is the opportunity to acquire scale in one of Greater Boston’s most supply-constrained rental markets with strong demand, low vacancy, and long-term appreciation potential.

Property Features
  • Basement
    • Full
    • Unfinished
  • Waterfront and Water Access
    • Ocean Front
  • Water Features
    • Public
Listing Courtesy: North Shore Realty Advisors - 617-548-7737
Presented by: Dan Pouladian
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Median Listing Price
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Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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