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Expired

2-4 Mount Vernon St, Lynn MA 01901

$995,000

Estimated $2,344/month Calculator

Multi Family

Total Units: 13

Price Per Unit: $76,538.46

Total Rent: 0/year

Estimated CAP Rate:

10 Bedrooms

Baths

8550

Total Parking: 0

2,540 (0.06)

Located in Lynn’s CBD district, this is a by-right development project with approved plans for 13 total units, including 3 ground-floor commercial spaces, 9 market-rate residential units, and 1 affordable lottery unit. Just steps from the MBTA and surrounded by downtown restaurants and shops. Prime location with strong rental and retail demand. Will be delivered fully permitted, allowing developers to begin construction right away. Excellent opportunity in one of the North Shore’s fastest-growing markets.

This home has been viewed 12 times

Last Checked: March 5th, 2026 at 5:01pm (Source: MLS PIN #73468882)

Gross Income: $0

Gross Expenses: $8,770

Net Income Calc: $8,770

Annual Expenses for 2-4 Mount Vernon St, Lynn MA 01901

Total Gross Expenses (Calculated)$8,770/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8770

Annual Income & Unit Breakdown for 2-4 Mount Vernon St, Lynn MA 01901

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bathrooms

Rent Includes

Unit 4

Rental Income$0

Lease

Bathrooms

Rent Includes

General Information for 2-4 Mount Vernon St, Lynn MA 01901

Listing ID73468882

Property TypeMulti Family

Price995000 ($116.37/SqFt)

Style5+ Family - 5+ Units Up/down

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total8550

Approximate Lot Size (Acres)0.06

Total Parking0

Garage Parking0

Year Built2025

Year Built SourceBuilder

Year Built DetailsTo Be Built

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningCBD

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 2-4 Mount Vernon St, Lynn MA 01901

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOther

ExclusionsAll Appliances To Remain.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 2-4 Mount Vernon St, Lynn MA 01901

Real Estate Taxes8770

Tax Year2025

Assessed Value$441,600

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 2-4 Mount Vernon St, Lynn MA 01901

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 2-4 Mount Vernon St, Lynn MA 01901

Agent

Name: Gene Bernshtein

Office

Name: Rise Signature Homes

Phone: 617-383-5659

Payment Calculator

, Interest

Property Taxes 730.83

Principal & Interest 6130.87

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Rise Signature Homes

Gene Bernshtein

Agent Phone

Office Phone

(617) 383-5659

Text Agent Call Agent Call Office

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EXIT

Expired

2-4 Mount Vernon St, Lynn MA 01901

$995,000

Annual Expenses for 2-4 Mount Vernon St, Lynn MA 01901

Annual Income & Unit Breakdown for 2-4 Mount Vernon St, Lynn MA 01901

General Information for 2-4 Mount Vernon St, Lynn MA 01901

Disclosures for 2-4 Mount Vernon St, Lynn MA 01901

Financial Information for 2-4 Mount Vernon St, Lynn MA 01901

Location Information for 2-4 Mount Vernon St, Lynn MA 01901

Contact Information for 2-4 Mount Vernon St, Lynn MA 01901

Agent

Office

Payment Calculator

Exclusive Listing Agent

Rise Signature Homes

Gene Bernshtein