Rare portfolio opportunity in Lynn’s Diamond District. The offering includes five multifamily properties located at 63-69 Lynnway, 100, 104 & 106 Newhall Street, plus an additional 9,592 SF parcel at 9 Chancery Lane, zoned R5 with potential development upside. The portfolio consists of 71 residential units, including 19 studios, 40 one-bedroom units, and 12 two-bedroom units, providing a diverse unit mix that appeals to a broad tenant base. Large scale capital improvements have been completed, minimizing near-term capital expenditures for new ownership. This is the opportunity to acquire scale in one of Greater Boston’s most supply-constrained rental markets with strong demand, low vacancy, and long-term appreciation potential.
41,837 Sq Ft
0.77 Private Acres Lot Size
investment
$10,740 Monthly Tax
Built in 1910
MLS/Listing ID 73538322
3 Stories
71 Units
Community - University
Construction - Frame
Tile
Vinyl
Hardwood
Stone
Lot - Corner Lot
Porch
Rubber
Ocean
0 to 1/10 Mile To Beach
Beach Ownership - Public
Public Sewer
Public Water
Community - Public Transportation
Community - Shopping
Community - Park
Community - Walk/Jog Trails
Community - T-Station
TOTAL MONTHLY COST
$0
$0
$0