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Downtown Lynn Multifamily Homes & Duplexes for Sale

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  • /23

    $3,100,000

    • 46 Beds
    • 8 Baths
    • 10,585 Sq Ft

    374-378 Washington St, Lynn, MA 01901

    376 Washington Street presents a rare opportunity to acquire a stabilized multifamily asset in the heart of Lynn. The property consists of 46 single room occupancy (SRO) units, supported by newer building systems that reduce near-term capital requirements while enhancing operational efficiency. This rare asset boasts a strong 10% capitalization rate, backed by a long history of high occupancy and

    Dan Pouladian North Shore Realty Advisors

    374-378 Washington St, Lynn, MA 01901
  • /41

    $873,900

    • 6 Beds
    • 3 Baths
    • 2,961 Sq Ft

    450 Essex St, Lynn, MA 01902

    Welcome to your own fortress in the middle of the city. This massive 4070 SF brick building can be easily be converted back to a 3 fam according to city officials (docs available). 3 levels of living space! updated bathrooms in each level, huge bedrooms with tremendous natural light, 3 year old roof, newer flooring, new metal sheathing on windows, coin op laundry in basement and laundry in

    Carlos Villa M. Celata Real Estate

    450 Essex St, Lynn, MA 01902
  • /8

    $1,850,000

    • 12 Beds
    • 6 Baths
    • 5,860 Sq Ft

    13-15 Amity St, Lynn, MA 01902

    Investment opportunity. Rare 6 unit building on the market! 12 bedrooms, 6 baths along w/assigned parking for 5 of the units. Solid building that features open floor plans, ceilings fans, double pane windows, exterior storm doors, electric heat all separately metered, 3 phase electric, storage & laundry in basement. Units 1, 3, & 5 have been recently renovated. This property is located close to

    Judi Moccia REAL ESTATE and Company

    13-15 Amity St, Lynn, MA 01902

Why Live in Downtown Lynn

Downtown Lynn is a vibrant neighborhood known for its colorful murals, eclectic storefronts, and preserved centuries-old architecture. Located just a tenth of a mile from the ocean, residents enjoy easy access to coastal parks and beaches, including Lynn Beach and Nahant Beach, which are popular for their scenic views and outdoor activities. The area has a thriving multicultural population that influences its diverse culinary scene, featuring Vietnamese diners, Mexican taquerias, Italian eateries, and notable spots like The Blue Ox and Tacos Lupita. Nightshade Noodle Bar, a James Beard-nominated restaurant, offers extensive tasting menus. Grocery shopping options include Gastronome, a European fresh market, and Stop and Compare in the Lynn Marketplace. Downtown Lynn is primarily composed of condominiums, apartments, and multifamily housing, many of which are repurposed industrial mill buildings with unique brick and beam architecture. The Diamond District on the outskirts features Tudor and Victorian-style single-family homes. The neighborhood is approximately 10 miles north of Boston, with the MBTA Commuter Rail and bus services providing convenient transportation options. Boston Logan International Airport is just under 9 miles away. While the local schools receive average ratings, the area is undergoing environmental cleanups to address pollution in some swimming areas. Downtown Lynn remains a culturally rich and historically significant neighborhood with plenty of things to do.

Home Trends in Downtown Lynn, MA

Housing Trends

Median Sale Price
$350,000
Median Single Family Sale Price
$599,999
Median 2 Bedroom Sale Price
$390,000
Median 1 Bedroom Sale Price
$312,000
Average Price Per Sq Ft
$381
Number of Homes for Sale
10
Last 12 months Home Sales
17
Months of Supply
7.10
Median List Price
$379,999
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-3%
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