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INVESTMENT SNAPSHOT
About this property
Rare portfolio opportunity in Lynn’s Diamond District. The offering includes five multifamily properties located at 63-69 Lynnway, 100, 104 & 106 Newhall Street, plus an additional 9,592 SF parcel at 9 Chancery Lane, zoned R5 with potential development upside. The portfolio consists of 71 residential units, including 19 studios, 39 one-bedroom units, and 13 two-bedroom units, providing a diverse unit mix that appeals to a broad tenant base. Large scale capital improvements have been completed, minimizing near-term capital expenditures for new ownership. This is the opportunity to acquire scale in one of Greater Boston’s most supply-constrained rental markets with strong demand, low vacancy, and long-term appreciation potential.
Property details
| Units | 71 |
| Living area | 41,837 sqft |
| Lot size | 33,541 sqft |
| Year built | 1910 |
| Price / sqft | $314 |
| County | Essex |
| MLS # | 73538322 |
Listing status
| Days on market | 41 days |
| Listed on | June 18, 2026 |
Taxes & financials
| Annual property tax | $128,874 |
| Tax year | 2026 |
| Assessed value | $12,207,500 |
| Zoning | R5 |
| Gross income (actual) | $1,467,684/yr |
| Net operating income (actual) | $919,149/yr |
| Total actual rent | $4,500/mo |
Building & lot
| Stories | 3 |
| Total rooms | 7 |
| Lot size | 0.77 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Basement | Full, Unfinished |
| Foundation | Stone |
| Roof | Rubber |
| Construction | Frame |
| Flooring | Tile, Vinyl, Varies, Hardwood |
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 63 Lynnway Portfolio, Lynn MA 01902 have?
It is a 71-unit multi-family property with 41,837 sqft of living area, built in 1910.
How long has 63 Lynnway Portfolio, Lynn MA 01902 been on the market?
63 Lynnway Portfolio, Lynn MA 01902 has been listed for 41 days (since June 18, 2026).
What is the price per unit?
At a list price of $13,150,000 across 71 units, that works out to roughly $185,211 per unit.
What are the property taxes on 63 Lynnway Portfolio, Lynn MA 01902?
Annual property taxes are $128,874 (2026), on an assessed value of $12,207,500.
What is the price per square foot?
At $13,150,000 for 41,837 sqft, that's about $314 per square foot.
Where is this property located?
63 Lynnway Portfolio, Lynn MA 01902 is in Lynn, Essex County, MA 01902.
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