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62 Nahant St. located in Lynn's Diamond District is a licensed rooming/lodging house with an active license for 12 SRO. This license could be expanded to 16 SRO through the proper channels. 62 Nahant St. is located on a visible corner lot with off-street parking with close proximity to the beach, downtown and major public transportation. The building is good condition and would be ideal for a non-profit organization to purchase and modify the building for transitional housing programs. The building has a large dry basement which allows for ample storage of tenant or owner property and the garage could be utilized for additional storage. Recent improvement to the building includes a new spiral staircase for egress from the 2nd and 3rd floor. The tenants are all TAW and pay weekly or monthly depending on their in place agreements with ownership. Ownership is willing to seller finance the sale of the property. Terms to be negotiated.

More Info

Basic Information

  • Gross Income $116,436
  • Mls StatusNew
  • Parcel Number 2002110

Tax Information

  • Tax Year 2025
  • Taxes$11,844

Rooms

  • Bathroom4

Basic Information

  • List Price$1,300,000
  • MLS Number73550879
  • Modification Date07/16/2026

Location

  • Address62 Nahant Street
  • Building Number62
  • CountyEssex
  • NeighborhoodDiamond District
  • StateMA
  • StreetNahant Street
  • SubdivisionDiamond District
  • TownLynn
  • Zip01901

Building

  • Building Area Units Square Feet
  • Utilities Public Water, Public Sewer
  • Year Built1893

Property

  • Acreage0.16

Exterior

  • RoofRubber

Property Information

  • Living Area 6,044
  • Lot Size Square Feet 6,952
  • Lot Size Units Acres
  • Square Feet6,044

Amenities

  • Other AmenitiesBasement

Legal

  • ZoningR2
  • Zoning Description Legal Non-Conforming

Other

  • Date Listed07/16/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Jacob VanMeter of The Drumlin Group Inc.

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