140 S Common St, Lynn MA 01902

Lynn, MA 01902
$660,000
8
Beds
3
Baths
3,017
Sq Ft
$219
Price/Sq Ft
0.07
Acres
1915
Year Built
3
Parking
141
Days on Market
Sold 2025 Listed May 30, 2025 • MLS# 73383051 Copied! • Updated Dec 7, 2025

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Sale Statistics

Sale Overview
Original List Price: $830,000
Final Sale Price: $660,000
Difference: $170,000 (-20.5%)
Performance Metrics
79.5%
List to Sale Ratio
Sold below asking price
141
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $275
Sale $/sq ft: $219
This property sold for $219 per square foot
Sale Summary

This property sold for 20.5% below the original asking price.

At 141 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$219/sq ft
Area Median
$268/sq ft
Difference
18.3%

This property sold below the area median, potentially representing good value for the buyer.

About this home

***Open House Saturday, September 20, 2025, 11:30 AM to 1:30 PM.*** Top Floor Unit 3 (Vacant). Unit 1(Owner Unit) to be vacant at closing date Don’t miss this prime opportunity to own a 3-family property in Lynn, MA. Perfect for an Owner Occupied or Investor! Great Location!! De-lead Certificates of Compliance for all floors. Mostly hardwood floors. Separate Utilities: 3 Newer Gas Heating Systems (2005), 3 New Gas Hot Water Heaters (2023, 2024, 2025) and 4 Gas & Electric Meters, 3 Storage spaces. Easy access to Route 1, 128, 107, Logan Airport, shopping, hospitals, and the MBTA commuter rail. Within distance to bus line/station, CVS, Market Basket, Supreme Store, Price Rite, Banks, City Hall & Library, other various stores and shops. Won't last, Your Search is Over! Come On Down!!

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Recently Sold Nearby

Price & Status History

Market Insights

29.9%
Price Range

Property Timeline

Current Active Listing - MLS #73596814
Full transaction history available when tracking began
🏡
Currently Listed
Oct 30, 2026
$1,120,000
MLS #73596814 - Active
✓
Sold
Dec 4, 2025
Property sold
🏠
Listed for Sale
May 30, 2025
$785,000
Original listing

Tax History

Year Taxes Assessment
2025 $8,133 $785,000

Financial Details

Annual Property Tax
$8,133
Tax Year 2025
Assessed Value
$785,000

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1915
Living Area 3,017 sq ft
Lot Size 0.07 acres
Bedrooms 8
Full Baths 3
Total Rooms 15

Investment Metrics

Units 3
Unit 1 Rent — · N
Unit 2 Rent $2,000/mo · N
Unit 3 Rent — · N
Total Monthly Rent $2,000/mo
Gross Income $48,000
Net Operating Income $48,000
Cap Rate 6.11%
Heating Baseboard, Natural Gas
Cooling None
Flooring Carpet, Hardwood, Stone/ceramic Tile
Appliances Range, Refrigerator, Range Hood
Fireplace None
Basement Full, Interior Entry
Laundry Gas Dryer Hookup
Features Living Room, Dining Room, Kitchen
Construction Block
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street
Total Spaces 3
Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Dryer

Financial

Annual Tax $8,133
Assessed Value $785,000
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures **open House-saturday September 20, 2025, @11:30 Am-1:30pm.** Top Floor Unit 3 (vacant), Unit 1 (owner Unit) To Be Vacant At Closing Date. Unit 2 Is Tenant At Will. Gas Coin-operated Washer & Dryer Included.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 142 days

Property Overview

Property Type
3 Family
Listing Type
Sold
Year Built
1915
Bedrooms
8
Full Bathrooms
3
Living Area
3,017 sq ft
Total Rooms
15
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Carpet, Hardwood, Stone/Ceramic Tile
Appliances: Range, Refrigerator, Range Hood
Interior Features: Living Room, Dining Room, Kitchen
Windows: Insulated Windows
Basement: Full, Interior Entry
Laundry: Gas Dryer Hookup
Security:

Construction & Materials

Year Built: 1915
Structure Type:
Exterior Materials: Block
Roof: Shingle
Foundation: Brick/Mortar, Irregular, Other
Stories: 3

Utilities & Systems

Heating: Baseboard, Natural Gas
Heating Zones: 3
Cooling:
Hot Water: Natural Gas, Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 3
Parking Features: Off Street

Nearby Schools

School information not available for this location.

Location

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Neighborhood

140 S Common St, Lynn MA 01902

Lynn, MA 01902

Listing Information

Listing Agent Ola Oladoja
Listing Office Citipoint Realty Services, LLC
Office Phone 781-584-3623
Agent MLS ID BB806179
Office MLS ID BB5711
Listing Data Updated Dec 7, 2025 11:56 PM 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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Steve Novak Real Estate
Steve Novak Real Estate
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