
30-32 High Lynn — Photo 1 of 4
$5,000,000
Lynn, MA 01902
Beds
34
Baths
25
SqFt
15,729
Style
5+ Family - 5+ Units Up/Down
Built
1890
Yannios RE Investment Services, as exclusive agent, is proud to present a rare investment opportunity, that has not been available to the open market in 20 years. This offering represents a rare opportunity to acquire in one of the most supply-constrained submarkets in the Boston market. The building consists of 9-two bedrooms, 12-one bedrooms, 4 studios. Tenant paid heat and electric, hot water included in the rent. The units have sub-panels, newer ceramic tile & vinyl flooring, newer bathrooms, kitchens and other units with partial kitchen updates. The common hallways have newer vinyl plank flooring and lighting & newer roof. The common hallways have newer vinyl plank flooring and lighting & newer rubber roof. Value-add upside positioning the property to capture rent growth in a high-demand, low-vacancy market with access to public transportation and commuting routes into Boston.
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Lynn, MA.
Public Transportation • Shopping • Laundromat
50,066
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
$67K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
63.1%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: James Yannios
Listing Office: Yannios R E Investment Sales
MLS® Number: 73552194
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