Active
128 Days on market
24 Cherry St Lynn — Photo 1 of 24

24 Cherry St Lynn — Photo 1 of 24

Recent Drop: $20,000

$1,220,000
$1,200,000

$1,200,000

24 Cherry St, Lynn, MA 01902

Lynn, MA 01902 — Diamond District

Beds

5

Baths

3

SqFt

4,300

Style

3 Family

Built

1900

Presenting 24 CHERRY STREET, a distinguished multi-family residence offering 4,300 plus square feet of CLASSICALLY designed living space. This three-story property represents a unique opportunity for CONVIENIENT urban living, blending historical integrity with contemporary functionality. The property encompasses a total of five bedrooms, providing SPACIOUS accommodations across its multiple levels. Each bedroom is thoughtfully proportioned to offer comfort and personal sanctuary. Complementing the living spaces are three full bathrooms, strategically placed to serve the residents and guests with convenience and privacy. The expansive 6,055 square foot lot provides a generous outdoor complement to the interior, offering potential for various landscaping or recreational pursuits. We invite you to explore the potential of this exceptional multi-family property as a PRIMARY RESIDENCE or SHREWD LONGTERM RENTAL INVESTMENT or CONDOS... All showings begin next week.

Key facts

It was listed on May 28, 2026. The price has come down from an original $1,490,000 to $1,200,000 across 5 changes, most recently on September 30, 2026. The annual property taxes are $10,351 (2025 tax year). It sits on a 0.14-acre (6,055 sq ft) lot.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$279/sqft
Local Avg (Lynn)$345/sqft
19% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Lynn, MA.

Property Details

Financials

Original Price$1,490,000
Annual Taxes$10,351

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms14
Fireplaces1
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationBlock, Stone, Brick/Mortar, Granite
ZoningR1

Property & Lot

Acres0.14
SqFt Lot6,055
Lot Features--

Geography

Property History

Price Drop
$1,200,000

Was $1,220,000

Sep 30, 2026

MLS® 73526044

Price Drop
$1,220,000

Was $1,250,000

Aug 13, 2026

MLS® 73526044

Price Drop
$1,250,000

Was $1,290,000

Jul 30, 2026

MLS® 73526044

Price Drop
$1,290,000

Was $1,390,000

Jul 8, 2026

MLS® 73526044

Price Drop
$1,390,000

Was $1,490,000

Jun 19, 2026

MLS® 73526044

Listed
$1,490,000

May 28, 2026

MLS® 73526044

Questions about this home

When was 24 Cherry St, Lynn listed?

24 Cherry St, Lynn was listed on May 28, 2026.

Has the price of 24 Cherry St, Lynn changed?

The price has come down from an original $1,490,000 to $1,200,000 across 5 changes, most recently on September 30, 2026.

What are the property taxes for 24 Cherry St, Lynn?

The annual property taxes for 24 Cherry St, Lynn are $10,351 (2025 tax year).

How big is the lot at 24 Cherry St, Lynn?

24 Cherry St, Lynn sits on a 0.14-acre (6,055 sq ft) lot.

What is the status of 24 Cherry St, Lynn?

24 Cherry St, Lynn is actively listed for sale.

Population

50,066

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$67K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

63.1%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

1,060 housing units permitted in the last 12 months (-11% vs the prior 12 months) — 603 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: John Laplaca

Listing Office: Benoit Real Estate Group ,LLC

MLS® Number: 73526044