Active
52 Days on market
30-32 High Lynn — Photo 1 of 4

30-32 High Lynn — Photo 1 of 4

$5,000,000

30-32 High, Lynn, MA 01902

Lynn, MA 01902

Beds

34

Baths

25

SqFt

15,729

Style

5+ Family - 5+ Units Up/Down

Built

1890

Yannios RE Investment Services, as exclusive agent, is proud to present a rare investment opportunity, that has not been available to the open market in 20 years. This offering represents a rare opportunity to acquire in one of the most supply-constrained submarkets in the Boston market. The building consists of 9-two bedrooms, 12-one bedrooms, 4 studios. Tenant paid heat and electric, hot water included in the rent. The units have sub-panels, newer ceramic tile & vinyl flooring, newer bathrooms, kitchens and other units with partial kitchen updates. The common hallways have newer vinyl plank flooring and lighting & newer roof. The common hallways have newer vinyl plank flooring and lighting & newer rubber roof. Value-add upside positioning the property to capture rent growth in a high-demand, low-vacancy market with access to public transportation and commuting routes into Boston.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$318/sqft
Local Avg (Lynn)$296/sqft
7% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Lynn, MA.

Property Details

Financials

Original Price$5,000,000
Annual Taxes$39,376

Parking

Garage0
Off-Street18

Interior Specifications

Total Rooms73
FireplacesNone
FlooringTile, Vinyl, Varies
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle, Rubber
FoundationStone, Brick/Mortar
Zoning0

Property & Lot

Acres0.25
SqFt Lot11,000
Lot FeaturesCorner Lot

Neighborhood

Public Transportation • Shopping • Laundromat

Geography

Population

50,066

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$67K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

63.1%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: James Yannios

Listing Office: Yannios R E Investment Sales

MLS® Number: 73552194

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