Off Market

63 Lynnway, Lynn, MA

Lynn · MA 01902

$13,150,000
Price
83
Beds
71
Baths
41837
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1910
Units: 71 Units
Lot size: 0.77 Acre Lot
Price per square foot: $314 / Sq.Ft
Parking: No Parking

About this home

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, 39 one-bedroom units, and 13 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.

Neighborhood & Transit

63 Lynnway, Lynn · MA 01902

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Lynn Interim Commuter Rail 1 route 0.48 mi
    • Newburyport/Rockport Line

Price Insight

Days on Market:
139 days
Listing Price:
$13,150,000
Price per Sq.Ft:
$314
Tax Assessment:
$12,207,500 in 2026
Taxes:
$10,740 / Monthly

Home Facts

Interior Features

Bedrooms
83
Full Bathrooms
71
Half Bathrooms
0
Living Area
41,837 Sq.Ft
Broker Disclosure about Living Area
5 Buildings: 63 & 69 Lynnway, 100,104,106 Newhall
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
41837
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers, 200 Amps

Exterior Features

Lot Size
33,541 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Dan Pouladian
Listing office
North Shore Realty Advisors
MLS PIN #
73538322
Disclosure
This offering includes five multifamily assets plus an additional parcel of land, located at 63-69 Lynnway, 100, 104 & 106 Newhall Street, and 9 Chancery Lane
Disclosure
5 Buildings: 63 & 69 Lynnway, 100,104,106 Newhall