589 Essex St # 303, Lynn MA 01901

Lynn, MA 01901
$375,000
Est. $2,755/month
1
Beds
1
Baths
884
Sq Ft
$424
Price/Sq Ft
0.58
Acres
1823
Year Built
113
Days on Market
Pending Price Drop -$24,000 Listed Jul 15, 2025 • MLS# 73404424 Copied!

About this home

Welcome to Sloan Machinery Lofts—where historic charm meets modern convenience. This freshly painted 1 bed, 1 bath condo features refinished hardwood floors, soaring ceilings, exposed brick and beams, and oversized windows that fill the space with natural light. The open-concept kitchen includes granite countertops, stainless steel appliances, and a large island perfect for entertaining. Additional highlights include central air, Navien on-demand water heater, in-unit laundry, and 1 deeded parking space. Located just 1 mile from the beach, 0.4 miles to the commuter rail, and with easy access to Routes 1A, 107, and 128. Professionally managed elevator building with secure entry. Don’t miss this opportunity to own a stylish loft in the heart of downtown Lynn!

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1823
Bedrooms
1
Full Bathrooms
1
Living Area
884 sq ft
Total Rooms
2
Stories
1
Entry Level
3

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1823
Living Area 884 sq ft
Lot Size 0.58 acres
Bedrooms 1
Full Baths 1
Total Rooms 2

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Hardwood
Appliances Disposal, Microwave, Energy Star Qualified Refrigerator, Energy Star Qualified Dryer, Energy Star Qualified Dishwasher, Energy Star Qualified Washer, Range
Fireplace None
Basement N
Laundry In Unit
Features None

Exterior

Construction Brick
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Has Garage Yes
Features Under, Off Street, Assigned, Deeded
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $3,892
Assessed Value $375,700

Interior Features

Flooring: Hardwood
Appliances: Disposal, Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Range
Interior Features:
Windows:
Basement: N
Laundry: In Unit
Security: Intercom

Construction & Materials

Year Built: 1823
Structure Type: Mid-Rise
Exterior Materials: Brick
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Under, Off Street, Assigned, Deeded

Location

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Neighborhood

589 Essex St # 303, Lynn MA 01901

Lynn, MA 01901

Walkability

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Schools

School information not available

Monthly Payment Calculator

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

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $324
Homeowners Insurance $200
HOA Fee $334/mo
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.

Property History

Property Timeline

🏠
Listed for Sale
Jul 15, 2025
$375,000
Original listing

Price & Status History

Date Event Price Change
Jul 15, 2025 New Listing Added $375,000

Market Statistics

Days on Market
113 days
Price per Sq Ft
$424
Total Price Drop
-$24,000

Tax History

Year Taxes Assessment
2025 $3,892 $375,700

Financial Details

Annual Property Tax
$3,892
Tax Year 2025
HOA Fee
$334
Monthly
Assessed Value
$375,700

Listing Information

Listing Agent Issam Dib
Listing Office Skyline Realty
Agent MLS ID CN223155
Office MLS ID NB9256
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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