69 N Common St Lynn, MA 01902
Central Lynn NeighborhoodEstimated payment $31,168/month
Highlights
- Property is near public transit
- Park
- Coin Laundry
- Wood Flooring
- Shops
- Level Lot
About This Home
Northeast Private Client Group® is pleased to present The North Shore Commons at 69 N Common Street and 10 Hanover Street in Lynn, MA.This three-story, 14,680-square-foot building, built in 1905, has recently been renovated and received significant CapEx. It consists of 48 fully furnished single-room occupancy units (SROs) and a 6,202-square-foot adjacent vacant lot, zoned R-5 in the rear (10 Hanover St) to be sold separately. There are 12 new bathrooms, four on eachfloor. Newly added common kitchens with cabinets and granite countertops. New laundry facility & folding stations on site. The rooms include brand-new refrigerators, plasma TVs, and virtual touch security. Desirable Lynn Commons location. Easy access to Boston and Logan International Airport via Lynn Station Commuter Rail stop.All interested and qualified parties can tour the property during scheduled appointments and obtain additional information upon request.
Listing Agent
Francis Saenz
Northeast Private Client Group, LLC Listed on: 10/24/2025
Co-Listing Agent
Patrick Wheeler
Northeast Private Client Group, LLC
Co-Listing Agent
James Casey
Northeast Private Client Group, LLC
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $29,657
Year Built
- Built in 1905
Lot Details
- 6,708 Sq Ft Lot
- Level Lot
Home Design
- Stone Foundation
- Frame Construction
- Rubber Roof
Interior Spaces
- 10,980 Sq Ft Home
- 3-Story Property
- Insulated Windows
- Wood Flooring
- Partially Finished Basement
- Partial Basement
Bedrooms and Bathrooms
- 48 Bedrooms
Parking
- 20 Car Parking Spaces
- Parking Available
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- 200+ Amp Service
Listing and Financial Details
- Assessor Parcel Number M:053 B:722 L:028,2005691
Community Details
Overview
- 48 Units
Amenities
- Shops
- Coin Laundry
Recreation
- Park
Building Details
- Operating Expense $189,474
- Net Operating Income $380,916
Map
Home Values in the Area
Average Home Value in this Area
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 | $29,657 | $2,862,600 | $1,056,000 | $1,806,600 |
| 2024 | $28,808 | $2,735,800 | $960,000 | $1,775,800 |
| 2023 | $27,844 | $2,497,200 | $960,000 | $1,537,200 |
| 2022 | $24,717 | $1,988,500 | $840,000 | $1,148,500 |
| 2021 | $20,380 | $1,564,100 | $480,000 | $1,084,100 |
| 2020 | $19,859 | $1,482,000 | $480,000 | $1,002,000 |
| 2019 | $16,874 | $1,180,000 | $384,000 | $796,000 |
| 2018 | $16,306 | $1,076,300 | $384,000 | $692,300 |
| 2017 | $15,974 | $1,024,000 | $384,000 | $640,000 |
| 2016 | $15,167 | $937,400 | $384,000 | $553,400 |
| 2015 | $12,827 | $765,800 | $336,000 | $429,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/24/2025 10/24/25 | For Sale | $5,450,000 | -- | $496 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $2,200,000 | None Available | |
| Quit Claim Deed | $2,200,000 | None Available | |
| Deed | $70,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $5,000,000 | Purchase Money Mortgage | |
| Closed | $5,000,000 | Purchase Money Mortgage | |
| Previous Owner | $34,000 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73447492
APN: LYNN-000053-000722-000028
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