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INVESTMENT SNAPSHOT
About this property
We are excited to present this 6-unit multifamily deal located at 53 Arlington Street in Lynn, MA. The building consists of six 2-bedroom / 1-bathroom units with spacious unit layouts. Ideally situated in a sought after area, the property benefits from easy access to local amenities and excellent connectivity, with multiple bus routes and the MBTA train station providing convenient transportation options to downtown Lynn and Boston. This asset presents an excellent opportunity for investors with potential for value-add improvements and long-term growth. Four units are currently on annual leases with two units delivered vacant.
Property details
| Units | 6 |
| Living area | 5,712 sqft |
| Lot size | 4,757 sqft |
| Year built | 1890 |
| Price / sqft | $230 |
| County | Essex |
| MLS # | 73563784 |
Listing status
| Days on market | 0 days |
| Listed on | August 14, 2026 |
Taxes & financials
| Annual property tax | $9 |
| Tax year | 2026 |
| Assessed value | $9 |
| Zoning | 9 |
| Gross income (actual) | $146,116/yr |
| Net operating income (actual) | $97,898/yr |
| Total actual rent | $8,513/mo |
Building & lot
| Stories | 5 |
| Total rooms | 24 |
| Lot size | 0.11 acres |
| Garage spaces | 0 |
| Parking spaces | 2 |
| Parking | Paved Drive, Shared Driveway |
| Basement | Interior Entry |
| Foundation | Other |
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 53 Arlington St, Lynn MA 01902 have?
It is a 6-unit multi-family property with 5,712 sqft of living area, built in 1890.
How long has 53 Arlington St, Lynn MA 01902 been on the market?
53 Arlington St, Lynn MA 01902 has been listed for 0 days (since August 14, 2026).
What is the price per unit?
At a list price of $1,316,000 across 6 units, that works out to roughly $219,333 per unit.
What are the property taxes on 53 Arlington St, Lynn MA 01902?
Annual property taxes are $9 (2026), on an assessed value of $9.
What is the price per square foot?
At $1,316,000 for 5,712 sqft, that's about $230 per square foot.
Is there parking?
2 total parking spaces (paved drive, shared driveway).
Where is this property located?
53 Arlington St, Lynn MA 01902 is in Lynn, Essex County, MA 01902.
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