190 Washington St, Lynn MA 01902

Lynn, MA 01902
$1,575,000
Est. $9,402/month
12
Beds
6
Baths
6,015
Sq Ft
$262
Price/Sq Ft
0.11
Acres
1873
Year Built
5
Parking
66
Days on Market
Sale Pending Listed Apr 13, 2026 • MLS# 73500388 Copied! • Updated Aug 17, 2026

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About this home

190 Washington St contains six (6) 2-Bedroom/1-Bathroom units with 6,015 square feet of gross living area in 8,050 square feet of gross area. The Property is situated upon a 0.11-acre parcel and features five (5) off-street parking spaces.The Property is well-positioned in downtown Lynn, offering strong access to the city’s central business district, neighborhood retail corridors, and surrounding residential neighborhoods. Tenants are responsible for gas-powered heat, hot water, and electricity, while the Landlord is responsible for providing city water & sewer. Lynn, Massachusetts is undergoing significant redevelopment and expansion drivenby long-term planning and major investment in its waterfront and downtown areas. The opportunity exists to acquire a well-maintained asset in a densely populated Greater Boston area with high upside potential.

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

📋
Status: Active under contract
Jun 19, 2026
Active → Active Under Contract
🏠
Listed for Sale
Apr 13, 2026
$1,575,000
Original listing
Agent: Stephen Girolamo Office: Horvath & Tremblay
🏠
Listed for Sale
Apr 13, 2026
$1,575,000
Original listing
Agent: Stephen Girolamo Office: Horvath & Tremblay

Tax History

Year Taxes Assessment
2026 $14,861 $1,442,800

Financial Details

Annual Property Tax
$14,861
Tax Year 2026
Assessed Value
$1,442,800

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 1873
Living Area 6,015 sq ft
Lot Size 0.11 acres
Stories 5
Bedrooms 12
Full Baths 6
Total Rooms 24

Investment Metrics

Units 6
Unit 1 Rent $2,200/mo · N
Unit 2 Rent $1,950/mo · N
Unit 3 Rent $2,200/mo · N
Unit 4 Rent $2,200/mo · N
Total Monthly Rent $8,550/mo
Gross Income $158,640
Net Operating Income $104,358
Operating Expenses $54,282
Cap Rate 6.63%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof Tar/gravel
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street
Total Spaces 5
Electric Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $14,861
Assessed Value $1,442,800
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 68 days

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
Sale Pending
Year Built
1873
Bedrooms
12
Full Bathrooms
6
Living Area
6,015 sq ft
Total Rooms
24
Stories
5
Levels
5

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1873
Structure Type:
Exterior Materials:
Roof: Tar/Gravel
Foundation: Other
Stories: 5

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Other
Road Surface:

Parking & Garage

Total Parking Spaces: 5
Parking Features: 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 $1,238
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

Interest
Principal
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

190 Washington St, Lynn MA 01902

Lynn, MA 01902

Listing Information

Listing Agent Stephen Girolamo
Listing Office Horvath & Tremblay
Office Phone 781-776-4000
Agent MLS ID CN227795
Office MLS ID AN2723
Listing Data Updated Aug 17, 2026 9:21 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
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