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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, 40 one-bedroom units, and 12 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.

More Info

Basic Information

  • Gross Income $1,443,684
  • Lot Features Corner Lot
  • Mls StatusNew
  • Parcel Number M:080 B:584 L:007

Tax Information

  • Tax Assessed Value $12,207,500
  • Tax Year 2026
  • Taxes$128,874

Parking

  • Parking Spaces

Rooms

  • Bathroom71
  • Bathrooms Total Decimal 71
  • Bedrooms83
  • Full Bath71

Basic Information

  • List Price$14,250,000
  • MLS Number73538322
  • Modification Date06/18/2026
  • Property SubType5+ Family - 5+ Units Up/Down

Location

  • Address63 Lynnway Portfolio
  • Building Number63
  • CountyEssex
  • StateMA
  • StreetLynnway Portfolio
  • TownLynn
  • Zip01902

Building

  • BasementFull, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Levels 3
  • Patio And Porch Features Porch
  • Rooms7
  • Stories3
  • Units71
  • Year Built1910
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.77

Interior

  • Flooring Tile, Vinyl, Varies, Hardwood

Exterior

  • RoofRubber

Utilities

  • Electric Circuit Breakers,200+ Amp Service
  • Electric Expense 12499
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 41,837
  • Lot Size Square Feet 33,541
  • Lot Size Units Acres
  • Square Feet41,837

Amenities

  • Amenities
    • Park
    • Public Transportation
    • Shopping
    • T-Station
    • University
    • Walk/Jog Trails
  • Other AmenitiesBasement

Water Body

  • Miles to Beach0.1
  • Waterfront Features Ocean,0 to 1/10 Mile To Beach, Beach Ownership(Public)

Legal

  • ZoningR5

Other

  • Date Listed06/18/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Dan Pouladian of North Shore Realty Advisors

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