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121 N Common, Lynn MA 01902

Lynn, MA 01902
$1,179,000
Est. $6,842/month
14
Beds
4.5
Baths
4,982
Sq Ft
$237
Price/Sq Ft
0.12
Acres
1890
Year Built
5+ Family - Rooming House
Type
144
Days on Market
Active Price Drop -$20,000 Listed Aug 25, 2025 • MLS# 73421740 Copied!

About this home

Opportunity awaits! Do not miss this large multi family rooming house in a prime location. 13 total rooms rented (14 total) , 3 full bathrooms, 3 half bathrooms and other large meeting rooms. This property has so much character from its stance on the street to the ornate details throughout. With an elevator, high ceilings and many capital improvements made along the way, this unique investment opportunity has so much to offer. Schedule a tour to join the first group showing!

Property Overview

Property Type
5+ Family - Rooming House
Listing Type
For Sale
Year Built
1890
Bedrooms
14
Full Bathrooms
3
Half Bathrooms
3
Living Area
4,982 sq ft
Total Rooms
16
Stories
3
Levels
3

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - Rooming House
Year Built 1890
Living Area 4,982 sq ft
Lot Size 0.12 acres
Bedrooms 14
Full Baths 3
Half Baths 3
Total Rooms 16

Interior

Heating None
Cooling None
Flooring Vinyl, Hardwood
Appliances None
Fireplace None
Basement Full
Laundry None
Features None

Exterior

Construction Frame
Architecture None
Roof Slate
Features None
Pool None
Spa None
Fencing None
Patio/Porch Deck

Parking

Features Off Street
Total Spaces 6

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $8,166
Assessed Value $788,200

Interior Features

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

Construction & Materials

Year Built: 1890
Structure Type:
Exterior Materials: Frame
Roof: Slate
Foundation: Stone, Granite
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: Deck
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Total Parking Spaces: 6
Parking Features: Off Street

Location

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Neighborhood

121 N Common, Lynn MA 01902

Lynn, MA 01902

Walkability

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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
E

Elementary Schools

10 schools
C-
Lynn Vocational Technical Institute
0.4 mi | #284 of 346 | Score: 42.8
Improved 50 spots from last year
-15.5 below state avg
1,584 students Moderate
Early College Program Rising School Career Tech Programs
Grades PK-12
B-
KIPP Academy Lynn Charter School
0.6 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
Sacred Heart Elementary School
0.8 mi
Grades PK-08
St. Pius V Elementary School
1.2 mi
Grades PK-08
North Shore Christian School
1.7 mi
Grades PK-08
The Hathaway School
1.8 mi
Grades PK-08
TEAMS Academy at Virginia Barton Center
2.1 mi
Grades PK-12
C-
Cobbet Elementary School
0.2 mi | #696 of 824 | Score: 36.0
Improved 70 spots from last year
-22.3 below state avg
616 students Less Diverse
Rising School
Grades PK-05
C-
Wm. P. Connery Elementary School
0.3 mi | #719 of 824 | Score: 34.2
Improved 75 spots from last year
-24.1 below state avg
563 students Moderate
Rising School
Grades K-05
C
Washington Elementary School
0.3 mi | #646 of 824 | Score: 38.4
Improved 125 spots from last year
-19.8 below state avg
453 students Moderate
Rising School
Grades K-05
M

Middle Schools

2 schools
C-
Thurgood Marshall Middle School
1.6 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

6 schools
City Arts & Sciences Academy at Fecteau-Leary
0.2 mi
Grades 06-12
St. Mary's High School
0.4 mi
Grades 07-12
B
Fredrick Douglass Collegiate Academy
0.9 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
B-
Harold Durgin Success Academy
0.2 mi | #16 of 25 | Score: 30.4
Improved 329 spots from last year
-27.8 below state avg
94 students Diverse
Rising School Career Tech Programs
Grades 09-12
D
Lynn English High School
1.2 mi | #318 of 346 | Score: 33.5
Improved 37 spots from last year
-24.8 below state avg
2,062 students Moderate
18 sports • 1,425 athletes
Early College Program Rising School Career Tech Programs Strong Athletics
Grades 09-12
C-
Classical High School
1.4 mi | #302 of 346 | Score: 37.9
Improved 51 spots from last year
-20.3 below state avg
1,795 students Moderate
Early College Program Rising School Career Tech Programs
Grades 09-12
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
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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 $681
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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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

Market Insights

1
Price Changes
1.7%
Price Range

Property Timeline

↓
Price Reduced
Dec 7, 2025
$1,179,000 $20,000 (-1.67%)
From $1,199,000 to $1,179,000 (-1.7%)
🏠
Listed for Sale
Aug 25, 2025
$1,199,000
Original listing
Office: Atlantic Coast Homes,Inc

Price & Status History

Date Event Price Change
Dec 7, 2025 Price Changed $1,179,000 -$20,000
Aug 25, 2025 New Listing Added $1,199,000 —

Market Statistics

Days on Market
144 days
Price per Sq Ft
$237
Total Price Drop
-$20,000

Tax History

Year Taxes Assessment
2025 $8,166 $788,200

Financial Details

Annual Property Tax
$8,166
Tax Year 2025
Assessed Value
$788,200

Listing Information

Listing Office Atlantic Coast Homes,Inc
Agent MLS ID CN201239
Office MLS ID AC1991
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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Market Analytics for Lynn, MA

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Steven Novak

Steven Novak

BMN Boston Real Estate

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