Listed price in listed location currency (USD).
$1,300,000

040

MLS® 73550879

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 6044 sqft
Garage 
Taxes $11,844
Days Active 3
Lot Size 0.16 Acres
Approx. Age 1893
Avg. Price Per Sqft $215
MLS® Number 73550879

Property Address: 62 Nahant St, Lynn, MA, 01902-3305

Average square foot calculated using Size range provided by listing agent.

Description

62 Nahant St. located in Lynn’s Diamond District is a licensed rooming/lodging house with an active license for 12 SRO. This license could be expanded to 16 SRO through the proper channels. 62 Nahant St. is located on a visible corner lot with off-street parking with close proximity to the beach, downtown and major public transportation. The building is good condition and would be ideal for a non-profit organization to purchase and modify the building for transitional housing programs. The building has a large dry basement which allows for ample storage of tenant or owner property and the garage could be utilized for additional storage. Recent improvement to the building includes a new spiral staircase for egress from the 2nd and 3rd floor. The tenants are all TAW and pay weekly or monthly depending on their in place agreements with ownership. Ownership is willing to seller finance the sale of the property. Terms to be negotiated.
MLS® Number73550879
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1893
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 16, 2026List Date
$1,300,000List Price
  • Commute

Commute

Starting Address
Destination Address
62 Nahant St, Lynn, MA

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