We are excited to present this 6-unit multifamily deal located at 53 Arlington Street in Lynn, MA. The building consists of six 2-bedroom / 1-bathroom units with spacious unit layouts. Ideally situated in a sought after area, the property benefits from easy access to local amenities and excellent connectivity, with multiple bus routes and the MBTA train station providing convenient transportation options to downtown Lynn and Boston. This asset presents an excellent opportunity for investors with potential for value-add improvements and long-term growth. Four units are currently on annual leases with two units delivered vacant.
| MLS # | 73563784 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1890 |
| Days On Site | 91 |
| Listing Provided By | Boston Realty Advisors | Daniel Alper |
| Bed(s) | 12 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 5,712 |
| Basement | Y |
| Story(s) | 5 |
| Units | 6 |
| Zoning | 9 |
| Acreage | 0.11 |
| Water Front | Yes |
| Rooms Total | 24 |
|---|---|
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
| Foundation Details | Other |
|---|
| Garage Yes / No | No |
|---|---|
| Parking Features | Paved Drive, Shared Driveway |
| Open Parking Yes / No | Yes |
| Sewer | Public Sewer |
|---|
| Tax Annual Amount | 9 |
|---|---|
| Tax Assessed Value | 9 |
| Tax Year | 2026 |
| Community Features | Public Transportation, Shopping, Park, House of Worship, Marina, Public School, T-Station, University |
|---|---|
| Senior Community Yes / No | No |
| State | MA |
|---|---|
| County | Essex |
| City | Lynn |
| Zip Code | 01902 |
| Area | Essex |
| Listing VS Median (in 01902) | |
Price: $1,289,000 low | high Med: $269,000 sqft: 5,712 low | high Med: 655 $ / sqft: $226 low | high Med: $411 On site: 91 low | high Med: 65 | |
| State | MA |
|---|---|
| County | Essex |
| City | Lynn |
| Zip Code | 01902 |
| Area | Essex |
| Listing VS Median (in 01902) | |
Price: $1,289,000 low | high Med: $269,000 sqft: 5,712 low | high Med: 655 $ / sqft: $226 low | high Med: $411 On site: 91 low | high Med: 65 | |
![]() | $1,575,000190 Washington StLynn, MA 01902 |