63 Lynnway Lynn, MA 01902
Diamond District NeighborhoodEstimated payment $82,947/month
Highlights
- Ocean View
- Waterfront
- Property is near public transit and schools
- Property is near a beach
- 0.77 Acre Lot
- 5-minute walk to Lynn Beach
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $128,874
Year Built
- Built in 1910
Lot Details
- 33,541 Sq Ft Lot
- Waterfront
- Corner Lot
Home Design
- Stone Foundation
- Frame Construction
- Rubber Roof
Interior Spaces
- 41,837 Sq Ft Home
- Property has 1 Level
- Ocean Views
- Unfinished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 83 Bedrooms
- 71 Full Bathrooms
Outdoor Features
- Property is near a beach
- Porch
Additional Features
- Property is near public transit and schools
- 200+ Amp Service
Listing and Financial Details
- Assessor Parcel Number M:080 B:584 L:007
Community Details
Recreation
- Park
- Jogging Path
Building Details
- Operating Expense $490,751
- Net Operating Income $919,149
Additional Features
- 71 Units
- Shops
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/25/2026 07/25/26 | Price Changed | $13,150,000 | -7.7% | $314 / Sq Ft |
| 06/18/2026 06/18/26 | For Sale | $14,250,000 | -- | $341 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73538322
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Ask me questions while you tour the home.