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INVESTMENT SNAPSHOT
About this property
Rare opportunity to acquire all 6 condominium units at 145 N Common St in a single transaction—a turnkey income package for investors. All six 1-bed units are owned by one owner and offered together, with five units leased, one vacant, and producing income— ideal for an investor. Solid three-story building directly across from Lynn Common and bus stops. Each unit is individually deeded, giving an owner the flexibility to hold the package as a portfolio or sell units off over time. Unbeatable location—steps from Lynn Common, on the bus line, close to downtown Lynn and the commuter rail, and just over a mile to the ocean and Lynn/Nahant beaches. Cash or portfolio financing required (all six condos held under one ownership).
Property details
| Units | 6 |
| Living area | 3,938 sqft |
| Lot size | 4,796 sqft |
| Year built | 1880 |
| Price / sqft | $292 |
| County | Essex |
| MLS # | 73536758 |
Listing status
| Days on market | 41 days |
| Listed on | June 16, 2026 |
Taxes & financials
| Annual property tax | $8,705 |
| Tax year | 2026 |
| Assessed value | $0 |
| Zoning | B3 |
| Gross income (actual) | $122,400/yr |
| Net operating income (actual) | $93,501/yr |
| Total actual rent | $0/mo |
| Electric expense | $556/yr |
| Insurance expense | $9,322/yr |
Building & lot
| Stories | 5 |
| Total rooms | 20 |
| Lot size | 0.11 acres |
| Garage spaces | 0 |
| Parking spaces | 6 |
| Parking | Paved Drive, Shared Driveway, Off Street |
| Basement | Unfinished |
| Foundation | Other |
| Roof | Rubber |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Lynn →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 145 N Common, Lynn MA 01905 have?
It is a 6-unit multi-family property with 3,938 sqft of living area, built in 1880.
How long has 145 N Common, Lynn MA 01905 been on the market?
145 N Common, Lynn MA 01905 has been listed for 41 days (since June 16, 2026).
What is the price per unit?
At a list price of $1,150,000 across 6 units, that works out to roughly $191,667 per unit.
What are the property taxes on 145 N Common, Lynn MA 01905?
Annual property taxes are $8,705 (2026).
What is the price per square foot?
At $1,150,000 for 3,938 sqft, that's about $292 per square foot.
Is there parking?
6 total parking spaces (paved drive, shared driveway, off street).
Where is this property located?
145 N Common, Lynn MA 01905 is in Lynn, Essex County, MA 01905.
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