30-32 High, Lynn MA 01902 - Preview 1 30-32 High, Lynn MA 01902 - Preview 2 30-32 High, Lynn MA 01902 - Preview 3 30-32 High, Lynn MA 01902 - Preview 4
30-32 High, Lynn MA 01902 - Preview 1 30-32 High, Lynn MA 01902 - Preview 2 30-32 High, Lynn MA 01902 - Preview 3 30-32 High, Lynn MA 01902 - Preview 4

30-32 High, Lynn MA 01902

Lynn, MA 01902
$5,000,000
Est. $28,764/month
34
Beds
25
Baths
15,729
Sq Ft
$318
Price/Sq Ft
0.25
Acres
1890
Year Built
18
Parking
5+ Family - 5+ Units Up/Down
Type
21
Days on Market
For Sale Listed Jul 20, 2026 • MLS# 73552194 Copied! • Updated Jul 24, 2026

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About this home

Yannios RE Investment Services, as exclusive agent, is proud to present a rare investment opportunity, that has not been available to the open market in 20 years. This offering represents a rare opportunity to acquire in one of the most supply-constrained submarkets in the Boston market. The building consists of 9-two bedrooms, 12-one bedrooms, 4 studios. Tenant paid heat and electric, hot water included in the rent. The units have sub-panels, newer ceramic tile & vinyl flooring, newer bathrooms, kitchens and other units with partial kitchen updates. The common hallways have newer vinyl plank flooring and lighting & newer roof. The common hallways have newer vinyl plank flooring and lighting & newer rubber roof. Value-add upside positioning the property to capture rent growth in a high-demand, low-vacancy market with access to public transportation and commuting routes into Boston.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jul 20, 2026
$5,000,000
Original listing

Tax History

Year Taxes Assessment
2027 $39,376 $3,729,700

Financial Details

Annual Property Tax
$39,376
Tax Year 2027
Assessed Value
$3,729,700

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 1890
Living Area 15,729 sq ft
Lot Size 0.25 acres
Bedrooms 34
Full Baths 25
Total Rooms 73

Investment Metrics

Units 25
Unit 1 Rent $2,350/mo · Y
Unit 2 Rent $2,025/mo · Y
Total Monthly Rent $4,375/mo
Gross Income $478,500
Net Operating Income $341,000
Operating Expenses $135,137
Water/Sewer Expense $22,126
Electric Expense $4,106
Insurance Expense $18,720
Cap Rate 6.82%
Heating None
Cooling None
Flooring Tile, Vinyl, Varies
Appliances None
Fireplace None
Basement Full
Laundry None
Features None
Construction Frame
Architecture None
Roof Shingle, Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street
Total Spaces 18
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Oven

Financial

Annual Tax $39,376
Assessed Value $3,729,700
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
House Color yellow
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 4 days

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1890
Bedrooms
34
Full Bathrooms
25
Living Area
15,729 sq ft
Total Rooms
73
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Tile, Vinyl, Varies
Appliances:
Interior Features:
Windows: Insulated Windows
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1890
Structure Type:
Exterior Materials: Frame
Roof: Shingle, Rubber
Foundation: Stone, Brick/Mortar
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:
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Total Parking Spaces: 18
Parking Features: Off Street
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
E

Elementary Schools

3 schools
B-
KIPP Academy Lynn Charter School
0.2 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-
E. J. Harrington Elementary School
0.3 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
C
Robert L Ford School
0.4 mi | #614 of 824 | Score: 40.0
Improved 183 spots from last year
-18.2 below state avg
410 students Less Diverse
Rising School
Grades K-05
M

Middle Schools

2 schools
C-
Thurgood Marshall Middle School
0.8 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
1.6 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
H

High Schools

3 schools
St. Mary's High School
0.4 mi
Grades 07-12
B
Fredrick Douglass Collegiate Academy
0.4 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
City Arts & Sciences Academy at Fecteau-Leary
0.5 mi
Grades 06-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $3,281
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

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Current Rate
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+0.5% Rate
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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

30-32 High, Lynn MA 01902

Lynn, MA 01902

Listing Information

Listing Agent James Yannios
Listing Office Yannios R E Investment Sales
Office Phone 781-224-0081
Agent MLS ID C0001240
Office MLS ID BB5145
Listing Data Updated Jul 24, 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.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
mail@steve-novak.com
Ask about this property — free, no obligation.

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