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116 124a Central

Lynn, MA 01901

18 beds
21 baths
17,120 sqft
4,109 sqft lot
$308 per sqft
1920 build
– on site

116-124A Central, Lynn, MA is a prime mixed-use property featuring 18 residential apartments and 3 retail spaces in a highly convenient downtown location, steps from public transportation. Located in an Opportunity Zone, this property offers significant investment advantages. Recent renovations include repointing the front masonry wall, full lead compliance, replacement of three main sewer lines, and complete renovations of 2 commercial spaces and 12 apartments. Additionally, the building features coin-operated laundry in the basement, adding extra income potential. This well-maintained property is a standout investment in the heart of Lynn.

Listing courtesy of MLSPIN / Oleg Elisev / Greenville Real Estate Group, Inc.

Last checked: Checking… • Last updated Dec 17, 2024 •

MLS# 73319745 —

The Building

Year Built:

1920
Year Built Details:

Approximate
Year Built Source:

Public Records
Construction Materials:

Brick
Roof:

Rubber
Foundation Details:

Block
Stories Total:

3
# of Units Total:

21
Building Area Total:

17120
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

49
Fireplace:

false

Room Dimensions

Living Area:

17120

Location

Directions:

Central Street
Latitude:

42.460239
Longitude:

-70.94725

The Property

Parcel Number:

2003526
Property Type:

Residential Income
Property Subtype:

5+ Family - 5+ Units Up/Down
Lot Features:

Level
Lot Size Units:

Acres
Lot Size Area:

0.09
Lot Size SqFt:

4109
Lot Size Acres:

0.09
Zoning:

Mixed-Use
Waterfront:

false
Farm Land Area Units:

Square Feet

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Book Number:

999
Tax Annual Amount:

52431
Tax Assessed Value:

395230

Beds

Bedrooms Total:

18

Baths

Total Baths:

21
Total Baths:

21
Full Baths:

21

The Listing

Home Warranty:

false

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

false
Spa:

false

Parking

Garage:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
12/14/24 Dec 14, 2024	Listed / Active	MLSPIN	$5,289,000

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This multifamily located in Downtown Lynn, Lynn, MA 01901 is currently for sale for $5,289,000. 116 124a Central is a 17,120 square foot multifamily with 18 beds and 21 baths that has been on Estately for 8 days. 116 124a Central is in the Downtown Lynn neighborhood of Lynn and has a WalkScore® of 92, making it a walker’s paradise. This multifamily is in the attendance area of Classical High School, William R Fallon School, Washington S.T.E.M. Elementary School, Breed Middle School, and Fecteau-Leary Junior-Senior High School.

Listing Courtesy of: MLSPIN and Greenville Real Estate Group, Inc..

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.