121 N Common, Lynn MA 01902
Lynn, MA 01902
$999,000
Est. $5,932/month
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About this home
Large multi family/ rooming house in a prime location. 14 Bedrooms, 3 full bathrooms, 3 + half bathrooms and other large living areas including kitchen with updated cabinets and granite counters, hardwood floors. Recent updates and paint on top floor and some bathrooms. This is either a rooming house/micro units with big potential for value add or a re-development windfall at nearly 6000 sqft which could easily accommodate 6 new condos at 750sqft each with 1 car parking per unit. Elevator & sprinkler building which enhances it's development appeal. Finished lower level space adds potential for daylight walk out at garden level. High ceilings and original woodwork and character great for conversion, easy access to Western Ave, Nahant, Lynn and Revere waterfronts, walking distance to Commuter Rail, Market Basket as well as the booming Downtown Lynn district. This is an ideal next project. Contact listing agent for access.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
15.3%
Price Range
Property Timeline
Price Reduced
Aug 14, 2026
$999,000
$180,000
(-15.27%)
From $1,179,000 to $999,000 (-15.3%)
Listed for Sale
Aug 14, 2026
$1,179,000
Original listing
Agent: Dan Bernal
Office: Atlantic Coast Homes,Inc
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/14/2026 | ↓ Price Reduced | $999,000 | $180,000 | - | From $1,179,000 to $999,000 (-15.3%) |
| 08/14/2026 | 🏠 Listed for Sale | $1,179,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $8,166 | $788,200 |
Financial Details
Annual Property Tax
$8,166
Tax Year 2025
Assessed Value
$788,200
Facts & Features
Home Facts
Type
Residential Income
Style
5+ Family - Rooming House
Year Built
1890
Living Area
6,000 sq ft
Lot Size
0.12 acres
Stories
3
Bedrooms
14
Full Baths
3
Half Baths
3
Total Rooms
16
Investment Metrics
Units
14
Unit 1 Rent
— · N
Unit 2 Rent
— · N
Interior
Heating
None
Cooling
None
Flooring
Vinyl, Hardwood
Appliances
None
Fireplace
None
Basement
Full
Laundry
None
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Slate
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Deck
Parking
Features
Off Street
Total Spaces
6
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$8,166
Assessed Value
$788,200
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Essex
Total market time (incl. prior listings)
329 days
Property Overview
Property Type
5+ Family - Rooming House
Listing Type
For Sale
Year Built
1890
Bedrooms
14
Full Bathrooms
3
Half Bathrooms
3
Living Area
6,000 sq ft
Total Rooms
16
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
5,100 sq ft above grade
900 sq ft below grade
Display Options
Outdoor Areas
Patio & porchDeck
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Vinyl, Hardwood
Appliances:
Interior Features:
Windows:
Insulated Windows
Basement:
Full
Laundry:
Security:
Construction & Materials
Year Built:
1890
Structure Type:
Exterior Materials:
Frame
Roof:
Slate
Foundation:
Stone, Granite
Stories:
3
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Deck
Fencing:
Other Structures:
Lot Features:
Corner Lot
Road Surface:
Parking & Garage
Total Parking Spaces:
6
Parking Features:
Off Street
Nearby Schools
School District
Lynn School District local
D
School Safety
2024-25
3.5%
Above Average
3.0%
Suspensions
0.3%
In-School
0.1%
Expulsions
0.4%
Emergency
2.0% below state avg
Elementary Schools
10 schools
C-
Lynn Vocational Technical Institute
0.4 mi
|
#292 of 346
|
Score: 41.8
Improved 42 spots from last year
-16.4 below state avg
1,566 students
Moderate
Early College Program
High Graduation Rate
Rising School
Career Tech Programs
Grades PK-12
B-
KIPP Academy Lynn Charter School
0.6 mi
|
#203 of 346
|
Score: 52.0
Improved 58 spots from last year
-6.2 below state avg
1,629 students
Moderate
High Graduation Rate
Rising School
College Ready Curriculum
Grades K-12
Sacred Heart Elementary School
0.8 mi
Grades PK-08
St. Pius V Elementary School
1.2 mi
Grades PK-08
North Shore Christian School
1.7 mi
Grades PK-08
The Hathaway School
1.8 mi
Grades PK-08
TEAMS Academy at Virginia Barton Center
2.1 mi
27 students
Diverse
Grades PK-12
C-
Cobbet Elementary School
0.2 mi
|
#698 of 825
|
Score: 35.9
Improved 68 spots from last year
-22.4 below state avg
631 students
Less Diverse
Rising School
Grades PK-05
C-
Wm. P. Connery Elementary School
0.3 mi
|
#729 of 825
|
Score: 33.7
Improved 65 spots from last year
-24.5 below state avg
558 students
Moderate
Rising School
Grades K-05
C
Washington Elementary School
0.3 mi
|
#660 of 825
|
Score: 37.9
Improved 111 spots from last year
-20.4 below state avg
453 students
Moderate
Rising School
Grades K-05
Middle Schools
2 schools
C-
Thurgood Marshall Middle School
1.6 mi
|
#311 of 352
|
Score: 30.7
Improved 40 spots from last year
-27.5 below state avg
1,190 students
Moderate
Rising School
Grades 06-08
C+
Pickering Middle School
1.6 mi
|
#229 of 352
|
Score: 38.5
Improved 78 spots from last year
-19.7 below state avg
539 students
Diverse
Rising School
Grades 06-08
High Schools
6 schools
City Arts & Sciences Academy at Fecteau-Leary
0.2 mi
259 students
Moderate
Grades 06-12
St. Mary's High School
0.4 mi
Grades 07-12
B+
Fredrick Douglass Collegiate Academy
0.9 mi
|
#11 of 25
|
Score: 34.7
Improved 331 spots from last year
-23.5 below state avg
364 students
Moderate
Early College Program
Rising School
Grades 06-12
B-
Harold Durgin Success Academy
0.2 mi
|
#16 of 25
|
Score: 30.4
Improved 329 spots from last year
-27.8 below state avg
98 students
Moderate
Rising School
Career Tech Programs
Strong Attendance
Grades 09-12
D
Lynn English High School
1.2 mi
|
#315 of 346
|
Score: 35.5
Improved 40 spots from last year
-22.7 below state avg
1,727 students
Moderate
18 sports
• 1,425 athletes
Early College Program
Rising School
Career Tech Programs
Strong Athletics
Grades 09-12
C-
Classical High School
1.4 mi
|
#304 of 346
|
Score: 37.5
Improved 49 spots from last year
-20.8 below state avg
1,513 students
Moderate
Early College Program
Rising School
Career Tech Programs
Grades 09-12
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95% Interest
Year 15
50/50
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Location
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Neighborhood
121 N Common, Lynn MA 01902
Lynn, MA 01902
Listing Information
Listing Agent
Dan Bernal
Listing Office
Atlantic Coast Homes,Inc
Office Phone
978-777-4444
Agent MLS ID
BB923122
Office MLS ID
AC1991
Listing Data Updated
Aug 18, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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