HomeLynn5+ Family - Rooming House121 N Common, Lynn MA 01902
121 N Common, Lynn MA 01902 — photo 1 of 291 / 29
$999,000
121 N Common, Lynn MA 01902
13 units · 13 bd · 6 ba · 4,982 sqft · $76,846/unit
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INVESTMENT SNAPSHOT

Deal Score99 / 100
Est. Cap Rate21.2%
GRM3.1
Gross Scheduled Income$326,471/yr
Estimates from area median rents — directional, not an appraisal.

About this property

Situated at 121 N Common, Lynn, MA, United States, this multi-family property, constructed in 1890, represents a distinguished opportunity within its locale. The expansive interior encompasses 4982 square feet of living area, providing generous dimensions for various configurations. Within this substantial dwelling, thirteen distinct bedrooms offer extensive private quarters, each providing personal retreats for occupants. Complementing these private spaces are three full bathrooms and three convenient half bathrooms, providing essential amenities throughout the residence. The property occupies a significant lot area of 5158 square feet, establishing a defined outdoor presence that enhances the overall appeal of this substantial multi-family property. Schedule a private showing today.

Property details

Units13
Living area4,982 sqft
Lot size5,158 sqft
Year built1890
Price / sqft$201
CountyEssex
MLS #73490100

Listing status

Days on market78 days
Listed onMarch 22, 2026

Taxes & financials

Annual property tax$8,166
Tax year2025
Assessed value$788,200
ZoningB3
Total actual rent$0/mo

Building & lot

Stories3
Total rooms16
Lot size0.12 acres
Garage spaces0
Parking spaces6
ParkingOff Street
FoundationStone, Granite

Utilities & systems

SewerPublic Sewer
WaterPublic

Location

More about investing in Lynn

Listing courtesy of MLS PIN (agent CN201239, office AC1991). Agent & office names will be resolved via the MLS Member/Office feeds for the public release.

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Questions & answers

Auto-generated from the listing data — richer AI answers coming with the live site.

How many units does 121 N Common, Lynn MA 01902 have?

It is a 13-unit multi-family property with 4,982 sqft of living area, built in 1890.

How long has 121 N Common, Lynn MA 01902 been on the market?

121 N Common, Lynn MA 01902 has been listed for 78 days (since March 22, 2026).

What is the estimated cap rate on this 13-family in Lynn?

Based on area median rents, the estimated cap rate is about 21.2%, with a deal score of 99/100. These are directional estimates, not an appraisal.

What is the price per unit?

At a list price of $999,000 across 13 units, that works out to roughly $76,846 per unit.

What are the property taxes on 121 N Common, Lynn MA 01902?

Annual property taxes are $8,166 (2025), on an assessed value of $788,200.

What is the price per square foot?

At $999,000 for 4,982 sqft, that's about $201 per square foot.

Is there parking?

6 total parking spaces (off street).

Where is this property located?

121 N Common, Lynn MA 01902 is in Lynn, Essex County, MA 01902.

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