39 Newhall St, Lynn MA 01902 – 31 bed 23 bath For Sale – 73340893
Overview
- Updated On:
- March 4, 2025
-
- 73340893
- 31 Bedrooms
- 23 Bathrooms
- 0 Garage Spaces
- 0 Non-Garage Parking Spaces
- 1910
Description
39 Newhall (20 Units) and 8 Suffolk (3 Units) contain a total of twenty-three (23) units on one parcel of land, consisting of eight (8), 2-Bedroom/1-Bathroom units, twelve (12) 1-Bedroom/1-Bathroom units and three (3) 2-Room Studio units. Each unit is separately metered for electricity and gas-fired head, which the tenants pay directly. Hot water is the responsibility of the tenants in the 8 Suffolk units and the landlord in the 39 Newhall units. The landlord is responsible for common area electric and domestic water and sewer. In-place leases are significantly below market rates; the opportunity exists to upgrade the unrenovated unit interiors to drive rental rates in an urban-infill, high demand/supply-constrained residential market.
This property is listed by Dennis Kelleher from Horvath & Tremblay
Property Listing Details
Overview
| MLS Status | Active |
|---|---|
| Price | $ 4,850,000 |
| Living Area | 16,052.00 ft2 |
| Bedrooms | 31 |
| Total Rooms | 74 |
|---|---|
| Listing MLS ID | 73340893 |
| Days on Market | 0 |
| Bathrooms | 23 |
Unit Information
| Bedrooms | 31 |
|---|---|
| Full Bathrooms | 23 |
| Half Bathrooms | 0 |
| Cooling | |
| Heating | |
| Uncovered Parking | 0 |
| Garage Parking | 0 |
| Water View | |
| Unit Level |
| Common Walls | |
|---|---|
| Laundry Features | |
| Lead Paint | Certified Treated |
| Outdoor Space Available | |
| Living Area Includes Basement | Unfinished |
| Patio And Porch Features | |
| Parking Features | |
| Waterview Features | |
| Flooring |
Building Information
| Building Name | |
|---|---|
| Units in Building | 23 |
| Pets Allowed | |
| Association Amenities | |
| Pool Features | |
| Waterfront Features | Beach Front,3/10 to 1/2 Mile To Beach |
| Association Fee Includes | |
| Construction Materials |
| Year Built | 1910 |
|---|---|
| Security Features | |
| Sewer | Public Sewer |
| Spa Features | |
| Structure Type | |
| Water Source | Public |
| Basement | Unfinished |
| Roof | Rubber |
Additional Details
| Community Features | Public Transportation,Shopping,Pool,Tennis Court(s),Park,Walk/Jog Trails,Golf,Medical Facility,Laundromat,Highway Access,House of Worship,Marina,Private School,Public School,T-Station,University |
|---|---|
| Disclosures | 8 Suffolk St has De-Leading Compliance documents. 39 Newhall lead paint status is unknown |
| Last Updated | 2025-03-04T18:35:00.000Z |
| Building Area Source | Public Records |
| MLS PIN Page | |
| Parcel Number | 2002648 |
| Original List Price | 4850000 |
| Listing Office | horvath & tremblay |
| Tax Annual Amount | 35186 |
|---|---|
| Tax Assessed Value | 3396300 |
| Tax Book Number | 6846 |
| Tax Year | 25 |
| Year Built Details | Approximate |
| Year Built Source | Public Records |
| Zoning | R5 |
| Listing Agent | dennis kelleher |
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39 Newhall St, Lynn MA 01902 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.
39 Newhall St, Lynn MA 01902 – 31 bed 23 bath For Sale – 73340893
$ 4,850,000
Status: Active
39 Newhall St, Lynn MA 01902, Lynn, , Essex 01902
Country: United States
Property Overview
MLS #: 73340893
Type: 5+ Family - 5+ Units Side by Side /
Action: Residential Income
Year Built: 1910 (Approximate, Source: Public Records, Effective: )
Living Area: 16,052.00 ft2 (Total: 16052 Square Feet, Source: Public Records)
Lot Size: 0.14 ft2 (Area: 0.14 Acres, SqFt: 6098)
Total Rooms: 74
Condition:
Availability:
Building Name:
Interior Features
Bedrooms: 31 (Main Level: )
Bathrooms: Total: 23 (Full: 23, Half: 0, Decimal: 23, Main Level: )
Basement: Unfinished
Fireplaces: 0 ()
Flooring:
Laundry:
Window Features:
Door Features:
Accessibility:
Entry: Level , Location:
Other Equipment:
Construction & Design
Style:
Materials:
Foundation: Other (Area: )
Roof: Rubber
Stories: 3 (3)
Common Walls:
Body Type:
Utilities & Green Features
Heating:
Cooling:
Water Source: Public
Sewer: Public Sewer ()
Utilities:
Electric: Individually Metered (Expense: )
Gas:
Energy Certificate:
Green Energy Efficient:
Green Energy Generation:
Green Indoor Air Quality:
Green Water Conservation:
Insulation:
Exterior & Lot Features
Garage Spaces: 0
Covered Spaces: 0
Parking Total: 0
Parking Features:
Pool:
Spa:
Patio/Porch:
Fencing:
Lot Features: Corner Lot
View: (, Waterview Y/N: )
Waterfront: Beach Front,3/10 to 1/2 Mile To Beach
Road Frontage: Public ()
Road Surface:
Road Responsibility:
Other Structures:
Horse Amenities:
Wooded Area:
Pasture Area:
Cultivated Area:
Additional Parcels: (Number: )
Outdoor Space:
Community & Association
Community Features: Public Transportation,Shopping,Pool,Tennis Court(s),Park,Walk/Jog Trails,Golf,Medical Facility,Laundromat,Highway Access,House of Worship,Marina,Private School,Public School,T-Station,University
Association Fee: ()
Fee Includes:
Association Amenities:
Pets Allowed:
Schools: E: , M: , H:
Zoning: R5 ()
MLS Area: Major: , Minor:
Management:
Optional Fee: (Includes: )
Property Description
39 Newhall (20 Units) and 8 Suffolk (3 Units) contain a total of twenty-three (23) units on one parcel of land, consisting of eight (8), 2-Bedroom/1-Bathroom units, twelve (12) 1-Bedroom/1-Bathroom units and three (3) 2-Room Studio units. Each unit is separately metered for electricity and gas-fired head, which the tenants pay directly. Hot water is the responsibility of the tenants in the 8 Suffolk units and the landlord in the 39 Newhall units. The landlord is responsible for common area electric and domestic water and sewer. In-place leases are significantly below market rates; the opportunity exists to upgrade the unrenovated unit interiors to drive rental rates in an urban-infill, high demand/supply-constrained residential market.
Room Details
Living Room (): x ( sqft) - Features:
Dining Room (): x ( sqft) - Features:
Kitchen (): x ( sqft) - Features:
Master Bedroom (): x ( sqft) - Features:
Master Bathroom: Features:
Laundry Dimensions:
Multi-Unit Information (if applicable)
Total Units: 23
Units Owner Occupied:
Unit 1: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1810, Lease: N
Unit 2: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 2285, Lease: N
Unit 3: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:
Unit 4: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:
Complex Complete:
Unit Building:
Financial & Lease Information
Tax Annual Amount: 35186 (Year: 25)
Tax Assessed Value: 3396300
Tax Block/Lot/Book/Map: / / 6846 /
Parcel Number: 2002648
Special Licenses:
Current Financing:
Gross Income: 368940 (Scheduled: )
Net Operating Income: 225565
Operating Expense: 143375 (Water/Sewer: , Insurance: )
Financial Data Source:
APOD Available: Yes
Tenant Pays:
Rent Includes: Unit 1(Water),Unit 2(Water)
Total Actual Rent: 30745
Lease Term: (Existing Type: )
Deposit Required: (Security: , First Month: , Last Month: )
Insurance Required:
References Required:
Listing & Agent Information
Listing Agent: Dennis Kelleher (MLS ID: CN212671) / Team: CN227795
Listing Office: Horvath & Tremblay (MLS ID: AN2723)
Agent (Property): 57
Buyer Agent MLS ID:
Buyer Office MLS ID:
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2025-03-04
Expiration Date: 1900-01-01
Original List Price: 4850000
Price Per SqFt (List): 302.14
Market Time (Property): 0 (Broker: 0, Prev Broker: 0, Prev Property: 0)
MLS Status: New
Possession:
Directions: Please use GPS
Disclosures: 8 Suffolk St has De-Leading Compliance documents. 39 Newhall lead paint status is unknown, N
Lead Paint: Certified Treated
Title 5:
Exclusions:
Contingency:
Special Listing Conditions:
Lender Owned:
Short Sale Lender Approval Required:
Home Warranty Y/N:
Documents Available: (Count: )
Showings Deferral Date:
Open House Flag:
Listing Alert: No
Square Feet Disclosures: (Incl. Base: No, Other: )
Master Book/Page: / (Page: 456)
Sale Information (if applicable)
Close Date:
Close Price:
Price Per SqFt (Sold):
Anticipated Sold Date:
Concessions Amount:
Purchase Contract Date:
Sold vs Rent:
System Information
Property ID: 1841914
Modification Timestamp: 2025-03-04T18:35:00.000Z
Bridge Modification Timestamp: 2025-03-04T18:35:28.634Z
Original Entry Timestamp: 2025-03-04T18:35:00.000Z
Status Change Timestamp: 2025-03-04T18:35:00.000Z
Off Market Date:
Development Status:
Business Type:
