Attention Developers!!! Parcel is located within the Mixed Use Mid-rise District (M1) of the City of Lynn. The property contains approximately 17,932 square feet of land, with 16 feet of frontage along Newhall Street and approximately 50 feet of frontage along Sagamore Street. This property has been designed with by rights from the city, currently working with a local attorney. Located one block from North Shore Community College, a 7 minute walk to the commuter rail and under 10 minutes to Lynn / Nahant Beach. See attachment for concept drawings.
This home has been viewed 2 times
Last Checked: November 1st, 2026 at 8:33am (Source: MLS PIN #73597265)
Gross Income: $0
Gross Expenses: $11,552
Net Income Calc: $11,552
Annual Expenses for 59 Newhall St, Lynn MA 01902
Total Gross Expenses (Calculated)$11,552/year
APOD Available
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax11552
Annual Income & Unit Breakdown for 59 Newhall St, Lynn MA 01902
Total Gross Income (Calculated)$0
General Information for 59 Newhall St, Lynn MA 01902
Listing ID73597265
Property TypeMulti Family / 5+ Family
Price1600000
StyleResidential
CityLynn
CountyEssex
Neighborhood(s)
Approximate Living Area Total0
Approximate Lot Size (Acres)0.41
Total Parking0
Year Built1958
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningM1
Zoning DetailsLegal Conforming
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 59 Newhall St, Lynn MA 01902
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
ExclusionsWall Mounted Vac In Garage. Hose Reels. Tv Wall Mounts. Japanese Maple Tree.
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 59 Newhall St, Lynn MA 01902
Real Estate Taxes11552
Tax Year2026
Assessed Value$0
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 59 Newhall St, Lynn MA 01902
Neighborhood(s)
Area Amenities
Contact Information for 59 Newhall St, Lynn MA 01902