1 of 27

Want to see this property?

9 Needhams Landing

Lynn, MA 01905

52 beds
42 baths
27,840 sqft
~1 acre lot
$438 per sqft
2015 build
– on site

One of a kind investment opportunity with 42 waterfront high end units. An easy commute to Boston, close to schools, The Encore Boston Harbor Casino, and the GE plant. These units are beautifully done with bamboo flooring, granite countertops, stainless steel appliances, custom cabinetry, air conditioning, and sliders leading to private balconies overlooking the water. There are a total of 16 Studios, 13 one bedroom, and 13 two Bedroom units with potential for a clubhouse or another 3 bedroom cottage. Strong rental history. The building itself has solar that powers the parking lot lighting, building halls, elevator, and complex lights. Plenty of off-street parking in this quiet part of town. Steps away from Little River and close to Nahant beach. These truly are residences for a modern lifestyle. There is a GOVT loan on the property that can be assumed at 3.99% fixed for 28 more years , Non Recourse , aprx bal $6.5mm and assumable as well.

Listing courtesy of MLSPIN / AJ Pappas / eXp Realty

Last checked: Checking… • Last updated Jan 5, 2025 •

MLS# 73322222 —

The Building

Year Built:

2015
Year Built Details:

Actual
Year Built Source:

Public Records
Construction Materials:

Frame
Roof:

Shingle
Foundation Details:

Concrete Perimeter
Door Features:

Insulated Doors
Stories Total:

4
# of Units Total:

42
Building Area Total:

27840
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

81
Flooring:

Bamboo
Fireplace:

false

Room Dimensions

Living Area:

27840

Location

Directions:

From Boston Rt 1N, left on MA 60W, 2nd Exit MA 107N,Lf Ida, Rt on River, LF on Canal, Destination RT
Latitude:

42.455824
Longitude:

-70.976659

The Property

Property Type:

Residential Income
Property Subtype:

5-9 Family
Lot Features:

Level
Lot Size Units:

Acres
Lot Size Area:

0.88
Lot Size SqFt:

38322
Lot Size Acres:

0.88
Zoning:

R4
View:

Scenic View(s)
View:

true
Water View:

Yes
Waterfront:

true
Waterfront Features:

Waterfront
Farm Land Area Units:

Square Feet

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

023
Tax Block:

307
Tax Map Number:

020
Tax Book Number:

35565
Tax Annual Amount:

127195
Tax Assessed Value:

11407600

Beds

Bedrooms Total:

52

Baths

Total Baths:

42
Total Baths:

42
Full Baths:

42

The Listing

Home Warranty:

false

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

false
Community Features:

Public Transportation
Spa:

false

Parking

Garage:

false
Parking Total:

84
Parking Features:

Paved Drive
Open Parking:

true

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
1/1/25 Jan 1, 2025	Listed / Active	MLSPIN	$12,200,000
12/27/23 Dec 27, 2023	Price Changed	MLSPIN
10/9/23 Oct 9, 2023	Listed / Active	MLSPIN

Want a closer look?

Go see 9 Needhams Landing

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Lynn, MA

Similar sold homes

This multifamily located in West Lynn, Lynn, MA 01905 is currently for sale for $12,200,000. 9 Needhams Landing is a 27,840 square foot multifamily with 52 beds and 42 baths that has been on Estately for 19 days. 9 Needhams Landing is in the West Lynn neighborhood of Lynn and has a WalkScore® of 66, making it somewhat walkable. This multifamily is in the attendance area of Classical High School, William R Fallon School, Drewicz Elementary School, Breed Middle School, and Fecteau-Leary Junior-Senior High School.

Listing Courtesy of: MLSPIN and eXp Realty.

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.