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Active

121 N Common, Lynn MA 01902

$999,000

Estimated $2,300/month Calculator

Multi Family

Total Units: 14

Price Per Unit: $71,357.14

Total Rent: 0/year

Estimated CAP Rate:

14 Bedrooms

Baths

6000

Total Parking: 6

5,158 (0.12)

Large multi family/ rooming house in a prime location. 14 Bedrooms, 3 full bathrooms, 3 + half bathrooms and other large living areas including kitchen with updated cabinets and granite counters, hardwood floors. Recent updates and paint on top floor and some bathrooms. This is either a rooming house/micro units with big potential for value add or a re-development windfall at nearly 6000 sqft which could easily accommodate 6 new condos at 750sqft each with 1 car parking per unit. Elevator & sprinkler building which enhances it's development appeal. Finished lower level space adds potential for daylight walk out at garden level. High ceilings and original woodwork and character great for conversion, easy access to Western Ave, Nahant, Lynn and Revere waterfronts, walking distance to Commuter Rail, Market Basket as well as the booming Downtown Lynn district. This is an ideal next project. Contact listing agent for access.

This home has been viewed 5 times

Last Checked: September 14th, 2026 at 5:38pm (Source: MLS PIN #73563712)

Gross Income: $0

Gross Expenses: $8,166

Net Income Calc: $8,166

Annual Expenses for 121 N Common, Lynn MA 01902

Total Gross Expenses (Calculated)$8,166/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8166

Annual Income & Unit Breakdown for 121 N Common, Lynn MA 01902

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms

Floor2

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 121 N Common, Lynn MA 01902

Listing ID73563712

Property TypeMulti Family

Price999000 ($166.5/SqFt)

Style5+ Family - Rooming House

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total6000

Approximate Lot Size (Acres)0.12

Total Parking6

Garage Parking0

Year Built1890

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningB3

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 121 N Common, Lynn MA 01902

Lead PaintNone

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsRefrigerator In Basement And Table In The Kitchen.

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 121 N Common, Lynn MA 01902

Real Estate Taxes8166

Tax Year2025

Assessed Value$788,200

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 121 N Common, Lynn MA 01902

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 121 N Common, Lynn MA 01902

Agent

Name: Dan Bernal

Office

Name: Atlantic Coast Homes,Inc

Phone: 978-777-4444

Team Members

Payment Calculator

, Interest

Property Taxes 680.5

Principal & Interest 6155.52

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Atlantic Coast Homes,Inc

Dan Bernal

Agent Phone

Office Phone

(978) 777-4444

Text Agent Call Agent Call Office

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    [unparsed] => 121 N Common, Lynn MA 01902
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EXIT

30 More Photos

Active

121 N Common, Lynn MA 01902

$999,000

Annual Expenses for 121 N Common, Lynn MA 01902

Annual Income & Unit Breakdown for 121 N Common, Lynn MA 01902

General Information for 121 N Common, Lynn MA 01902

Disclosures for 121 N Common, Lynn MA 01902

Financial Information for 121 N Common, Lynn MA 01902

Location Information for 121 N Common, Lynn MA 01902

Contact Information for 121 N Common, Lynn MA 01902

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Atlantic Coast Homes,Inc

Dan Bernal