2-4 Mount Vernon St, Lynn MA 01901
Lynn, MA 01901
$995,000
Est. $5,962/month
About this home
Located in Lynn’s CBD district, this is a by-right development project with approved plans for 13 total units, including 3 ground-floor commercial spaces, 9 market-rate residential units, and 1 affordable lottery unit. Just steps from the MBTA and surrounded by downtown restaurants and shops. Prime location with strong rental and retail demand. Will be delivered fully permitted, allowing developers to begin construction right away. Excellent opportunity in one of the North Shore’s fastest-growing markets.
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Property History
Property Timeline
Listed for Sale
Jan 15, 2026
$995,000
Original listing
Office: Rise Signature Homes
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 01/15/2026 | 🏠 Listed for Sale | $995,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $8,770 | — |
Financial Details
Annual Property Tax
$8,770
Tax Year 2025
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
2025
Living Area
8,550 sq ft
Lot Size
0.06 acres
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
None
Financial
Annual Tax
$8,770
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Broker Has Financial Interest. Currently A Commerical Space. Seller Does Not Have Permit In Hand, Permit Will Be Obtain Prior To Closing.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Essex
Property Overview
Listing Type
Commercial Sale
Year Built
2025
Living Area
8,550 sq ft
Floor Layout
Interactive room guide
Floor Layout
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:
Laundry:
Security:
Construction & Materials
Year Built:
2025
Structure Type:
Exterior Materials:
Roof:
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
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
3 schools
C-
E. J. Harrington Elementary School
0.1 mi
|
#717 of 824
|
Score: 34.2
Improved 76 spots from last year
-24 below state avg
687 students
Moderate
Rising School
Grades PK-05
B-
KIPP Academy Lynn Charter School
0.5 mi
|
#197 of 346
|
Score: 51.6
Improved 64 spots from last year
-6.6 below state avg
1,637 students
Moderate
High Graduation Rate
Rising School
College Ready Curriculum
Grades K-12
C-
Brickett Elementary School
0.5 mi
|
#688 of 824
|
Score: 36.3
Improved 101 spots from last year
-21.9 below state avg
318 students
Moderate
Rising School
Grades K-05
Middle Schools
3 schools
C-
Thurgood Marshall Middle School
0.7 mi
|
#311 of 352
|
Score: 30.5
Improved 40 spots from last year
-27.7 below state avg
1,310 students
Moderate
Rising School
Grades 06-08
C+
Pickering Middle School
1.8 mi
|
#226 of 352
|
Score: 38.6
Improved 81 spots from last year
-19.6 below state avg
583 students
Diverse
Rising School
Grades 06-08
B+
Swampscott Middle School
2.1 mi
|
#122 of 352
|
Score: 47.2
Dropped 51 spots from last year
-11 below state avg
654 students
Moderate
Grades PK-08
High Schools
3 schools
B
Fredrick Douglass Collegiate Academy
0.3 mi
|
#12 of 25
|
Score: 33.4
Improved 330 spots from last year
-24.8 below state avg
235 students
Moderate
Early College Program
Rising School
Grades 06-12
St. Mary's High School
0.5 mi
Grades 07-12
City Arts & Sciences Academy at Fecteau-Leary
0.7 mi
Grades 06-12
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Monthly Payment Breakdown
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Property Tax
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Homeowners Insurance
$200
PMI (if <20% down)
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Total of 360 payments
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
2-4 Mount Vernon St, Lynn MA 01901
Lynn, MA 01901
Listing Information
Listing Office
Rise Signature Homes
Office Phone
617-383-5659
Agent MLS ID
G9503048
Office MLS ID
AN8910
Listing Data Updated
Jan 19, 2026 3:05 AM EST
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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