$454,900

589 Essex St Unit 405 Lynn, MA 01901

Central Lynn Neighborhood

Estimated payment $3,310/month

Total Views 30,751
2 Beds
1 Bath
1,157 Sq Ft
$393 Price per Sq Ft

Highlights

  • Golf Course Community
  • No Units Above
  • Open Floorplan
  • Medical Services
  • 0.58 Acre Lot
  • Deck

About This Home

Sophisticated penthouse loft in the iconic and architecturally striking Sloan Machinery Building, showcasing soaring 12’ beamed ceilings, dramatic 6-ft industrial-style windows, exposed brick walls, and exclusive deeded roof rights directly above the unit. Legally a 2-bedroom, this residence is currently configured as an expansive 1-bedroom, offering a flexible and airy open-concept layout. Interior highlights include rich hardwood flooring, a skylit kitchen with granite countertops and stainless steel appliances, two thoughtfully designed custom PAX walk-in closets, in-unit washer/dryer, a high-efficiency Bosch Combi boiler, and an updated AC system. Includes deeded heated garage parking. This professionally managed, pet-friendly, FHA-approved elevator building features secure ButterflyMX video intercom access. Ideally situated just 0.5 miles from the commuter rail and moments from Lynn’s vibrant restaurants, beaches, shops, and cultural venues—with convenient access to Boston!

Listing Agent

Nikolas Amicone

Amicone & Associates Listed on: 06/25/2025

Co-Listing Agent

Michael Stuart

Amicone & Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,555

Year Built

  • Built in 1823

Lot Details

  • No Units Above
  • Two or More Common Walls

HOA Fees

  • $440 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking
  • Heated Garage
  • Off-Street Parking
  • Deeded Parking

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 1,157 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Decorative Lighting
  • Picture Window
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on fourth floor
  • Linen Closet
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • 100 Amp Service

Additional Features

  • Level Entry For Accessibility
  • Deck

Listing and Financial Details

  • Assessor Parcel Number M:069 B:642 L:013 S:027,4572052

Community Details

Overview

  • Association fees include water, sewer, insurance, security, maintenance structure, road maintenance, ground maintenance, snow removal, trash, reserve funds
  • 32 Units
  • Mid-Rise Condominium

Amenities

  • Medical Services
  • Shops
  • Coin Laundry
  • Elevator

Recreation

  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,555

Year Built

Built in 1823

Lot Details

0

HOA Fees

$440 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1823
  • Buyer Agency: 1.5
  • Buyer Agency Type: %
  • Entry Level: 4
  • Year Built Details: Approximate
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Beamed Ceilings, Walk-In Closet(s), Flooring - Hardwood, Window(s) - Picture
  • Room Master Bedroom Level: Fourth Floor
  • Bathroom 1 Features: Bathroom - Full
  • Bathroom 1 Level: Fourth Floor
  • Room Dining Room Features: Beamed Ceilings, Closet, Flooring - Hardwood, Window(s) - Picture, Open Floorplan
  • Room Dining Room Level: Fourth Floor
  • Room Kitchen Level: Fourth Floor
  • Room Kitchen Features: Closet, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Open Floorplan, Stainless Steel Appliances, Peninsula
  • Laundry Features: Closet - Linen, Walk-in Storage, Fourth Floor, In Unit, Gas Dryer Hookup, Electric Dryer Hookup
  • Room Living Room Level: Fourth Floor
  • Room Living Room Features: Closet, Flooring - Hardwood, Window(s) - Picture, Open Floorplan, Lighting - Pendant
  • Basement: N
  • Above Grade Finished Sq Ft: 1157
  • Accessibility Features: Accessible Entrance
  • Living Area: 1157
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN5805
  • LIST PRICE PER Sq Ft: 393.17
  • PRICE PER Sq Ft: 393.17

Exterior Features

  • Exterior Features: Deck - Roof + Access Rights
  • Common Walls: No One Above, 2+ Common Walls
  • Construction Materials: Brick
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Roof + Access Rights
  • Roof: Rubber
  • Waterfront Features: 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Under, Heated Garage, Deeded, Off Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Dryer, for Electric Dryer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Elevator(s)
  • Association Fee: 440
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, T-Station, Other
  • Senior Community YN: No
  • UNIT BUILDING: 405
  • MANAGEMENT: Professional - Off Site

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Security, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:069 B:642 L:013 S:027,4572052
  • Zoning: CBD
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.58
  • Lot Size Area: 0.58
  • Lot Size Sq Ft: 25426
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 19

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4555
  • Tax Book Number: 39237

Multi Family

  • Number Of Units Total: 32
  • Basement Included Sq Ft: No

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $4,555 $439,700 $0 $439,700
2024 $4,362 $414,200 $0 $414,200
2023 $4,338 $389,100 $0 $389,100
2022 $4,487 $361,000 $0 $361,000
2021 $4,433 $340,200 $0 $340,200
2020 $4,616 $344,500 $0 $344,500
2019 $4,311 $301,500 $0 $301,500
2018 $4,247 $279,500 $0 $279,500
2017 $4,109 $263,400 $0 $263,400
2016 $3,573 $220,800 $0 $220,800
2015 $3,273 $195,400 $0 $195,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 For Sale $454,900 +19.7% $393 / Sq Ft
11/30/2020 11/30/20 Sold $380,000 +2.7% $328 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $369,900 -- $320 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Not Resolvable $380,000 None Available
Deed $306,950 --
Deed $306,950 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $361,000 New Conventional
Closed $361,000 New Conventional
Previous Owner $177,600 Stand Alone Refi Refinance Of Original Loan
Previous Owner $245,560 Purchase Money Mortgage
Previous Owner $30,695 No Value Available
Source: Public Records

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73396652

MLS Property Information Network (MLS PIN)

APN: LYNN-000069-000642-000013-000027-000027

Massachusetts Essex County Lynn 01901 Central Lynn

589 Essex St Unit 405, Lynn, MA

This home is located at 589 Essex St Unit 405, Lynn, MA 01901 and is currently priced at $454,900, approximately $393 per square foot. This property was built in 1823. 589 Essex St Unit 405 is a home located in Essex County with nearby schools including Cobbet Elementary School, William R. Fallon School, and Fecteau-Leary Junior/Senior High School.

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Nearby Homes
Nikolas Amicone
Listing Agent
Nikolas Amicone
Section Image
Amicone & Associates
(339) 218-4644