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INVESTMENT SNAPSHOT
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
| Units | 13 |
| Living area | 4,982 sqft |
| Lot size | 5,158 sqft |
| Year built | 1890 |
| Price / sqft | $201 |
| County | Essex |
| MLS # | 73490100 |
Listing status
| Days on market | 78 days |
| Listed on | March 22, 2026 |
Taxes & financials
| Annual property tax | $8,166 |
| Tax year | 2025 |
| Assessed value | $788,200 |
| Zoning | B3 |
| Total actual rent | $0/mo |
Building & lot
| Stories | 3 |
| Total rooms | 16 |
| Lot size | 0.12 acres |
| Garage spaces | 0 |
| Parking spaces | 6 |
| Parking | Off Street |
| Foundation | Stone, Granite |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
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Listing courtesy of Atlantic Coast Homes,Inc — Kevin Farrar. 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 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 Signal 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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