K
Seller's Agent in 2025
Kelleher - Pentore Team
Horvath & Tremblay
39 Newhall St Lynn, MA 01902
Downtown Lynn Neighborhood
31
Beds
23
Baths
16,052
Sq Ft
6,098
Sq Ft Lot
Highlights
- Marina
- Medical Services
- Corner Lot
- Golf Course Community
- Property is near public transit and schools
- Community Pool
About This Home
As of September 202539 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.
Last Agent to Sell the Property
Kelleher - Pentore Team
Horvath & Tremblay Listed on: 03/04/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $35,186
Year Built
- Built in 1910
Lot Details
- 6,098 Sq Ft Lot
- Corner Lot
Home Design
- Rubber Roof
Interior Spaces
- 16,052 Sq Ft Home
- Property has 1 Level
- Unfinished Basement
Bedrooms and Bathrooms
- 31 Bedrooms
- 23 Full Bathrooms
Additional Features
- Property is near public transit and schools
- Separate Meters
Listing and Financial Details
- Total Actual Rent $30,745
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number 2002648
Community Details
Overview
- 23 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
- Jogging Path
Building Details
- Operating Expense $143,375
- Net Operating Income $225,565
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/23/2025 09/23/25 | Sold | $4,400,000 | -3.3% | $274 / Sq Ft |
| 05/22/2025 05/22/25 | Pending | -- | -- | -- |
| 05/05/2025 05/05/25 | Price Changed | $4,550,000 | -6.2% | $283 / Sq Ft |
| 03/04/2025 03/04/25 | For Sale | $4,850,000 | -- | $302 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $35,186 | $3,396,300 | $1,886,000 | $1,510,300 |
| 2024 | $35,711 | $3,391,400 | $1,886,000 | $1,505,400 |
| 2023 | $34,784 | $3,119,600 | $1,840,000 | $1,279,600 |
| 2022 | $32,050 | $2,578,400 | $1,380,000 | $1,198,400 |
| 2021 | $33,306 | $2,556,100 | $1,380,000 | $1,176,100 |
| 2020 | $32,888 | $2,454,300 | $1,334,000 | $1,120,300 |
| 2019 | $30,992 | $2,167,300 | $1,214,400 | $952,900 |
| 2018 | $28,081 | $1,853,500 | $1,012,000 | $841,500 |
| 2017 | $26,100 | $1,673,100 | $908,500 | $764,600 |
| 2016 | $25,768 | $1,592,600 | $828,000 | $764,600 |
| 2015 | $23,028 | $1,374,800 | $690,000 | $684,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
Steve Girolamo
Seller Co-Listing Agent in 2025
Steve Girolamo
Horvath & Tremblay
(978) 406-1789
1 in this area
26 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73340893
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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