121 N Common, Lynn, MA, 01902
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$999,000

Active

121 N Common

Lynn, MA 01902

14Beds
4.5Baths
6,000Sq Ft
Built 18905+ Family - Rooming House0.12 Acres6 Parking3 Stories5 Days on Market

Large multi family/ rooming house in a prime location. 14 Bedrooms, 3 full bathrooms, 3 + half bathrooms and other large living areas including kitchen with updated cabinets and granite counters, hardwood floors. Recent updates and paint on top floor and some bathrooms. This is either a rooming house/micro units with big potential for value add or a re-development windfall at nearly 6000 sqft which could easily accommodate 6 new condos at 750sqft each with 1 car parking per unit. Elevator & sprinkler building which enhances it's development appeal. Finished lower level space adds potential for daylight walk out at garden level. High ceilings and original woodwork and character great for conversion, easy access to Western Ave, Nahant, Lynn and Revere waterfronts, walking distance to Commuter Rail, Market Basket as well as the booming Downtown Lynn district. This is an ideal next project. Contact listing agent for access.

121 N Common, Lynn, MA, 01902Open in Maps →
Property Type5+ Family - Rooming House
Year Built1890
MLS #73563712
StatusActive
Total Rooms16
Stories3
Living Area6,000 sqft
Lot Size0.12 acres
Annual Tax$8,166
Days on Market5
Parking Spaces6

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Mortgage Calculator

$6,200/mo

Principal & Interest$5,051
Property Tax$999
Insurance$150
Home Price$999,000
Down Payment20% ($199,800)

Listing Information

MLS #: 73563712
Source: MLS PIN

Est. Monthly Payment

$6,424/mo

Based on 20% down, 30yr fixed at 6.5%

Principal & Interest$5,059
Property Tax$681