145 N Common, Lynn MA 01905
Lynn, MA 01905 • Lynn Common
$1,200,000
$1,150,000
Est. $6,740/month
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About this home
Rare opportunity to acquire all 6 condominium units at 145 N Common St in a single transaction—a turnkey income package for investors. All six 1-bed units are owned by one owner and offered together, with five units leased, one vacant, and producing income— ideal for an investor. Solid three-story building directly across from Lynn Common and bus stops. Each unit is individually deeded, giving an owner the flexibility to hold the package as a portfolio or sell units off over time. Unbeatable location—steps from Lynn Common, on the bus line, close to downtown Lynn and the commuter rail, and just over a mile to the ocean and Lynn/Nahant beaches. Cash or portfolio financing required (all six condos held under one ownership).
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Public Records & Permits
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
4.2%
Price Range
Property Timeline
Price Reduced
Jul 23, 2026
$1,150,000
$50,000
(-4.17%)
From $1,200,000 to $1,150,000 (-4.2%)
Listed for Sale
Jun 16, 2026
$1,200,000
Original listing
Agent: Marc Fiore
Office: Cameron Real Estate Group
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/23/2026 | ↓ Price Reduced | $1,150,000 | $50,000 | - | From $1,200,000 to $1,150,000 (-4.2%) |
| 06/16/2026 | 🏠 Listed for Sale | $1,200,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $8,705 | $0 |
Financial Details
Annual Property Tax
$8,705
Tax Year 2026
Assessed Value
$0
Facts & Features
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
1880
Living Area
3,938 sq ft
Lot Size
0.11 acres
Bedrooms
6
Full Baths
1
Total Rooms
20
Investment Metrics
Units
6
Unit 1 Rent
— · N
Unit 2 Rent
— · N
Unit 3 Rent
— · N
Unit 4 Rent
— · N
Gross Income
$122,400
Net Operating Income
$93,501
Operating Expenses
$28,899
Water/Sewer Expense
$2,884
Electric Expense
$556
Insurance Expense
$9,322
Cap Rate
8.13%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
Unfinished
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
Rubber
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Paved Drive, Shared Driveway, Off Street
Total Spaces
6
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$8,705
Assessed Value
0.00
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Sold As Is. Seller And Listing Agent Make No Representations Or Warranties. Buyer And Buyer’s Agent To Perform Their Own Due Diligence.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Sq Ft Disclosures
Added up all 6 units.
Documents
None
County
Essex
Total market time (incl. prior listings)
41 days
Property Overview
Property Type
5-9 Family
Listing Type
For Sale
Year Built
1880
Bedrooms
6
Full Bathrooms
1
Living Area
3,938 sq ft
Total Rooms
20
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,938 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
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:
Appliances:
Interior Features:
Windows:
Basement:
Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
1880
Structure Type:
Exterior Materials:
Roof:
Rubber
Foundation:
Other
Stories:
5
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Corner Lot
Road Surface:
Parking & Garage
Total Parking Spaces:
6
Parking Features:
Paved Drive, Shared Driveway, Off Street
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$725
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
Lynn Common
145 N Common, Lynn MA 01905
Lynn, MA 01905
Listing Information
Listing Agent
Marc Fiore
Listing Office
Cameron Real Estate Group
Office Phone
781-486-3180
Agent MLS ID
CN222683
Office MLS ID
AC0756
Listing Data Updated
Jul 27, 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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