Property Description

Located in Lynn’s CBD district, this is a by-right development project with approved plans for 13 total units, including 3 ground-floor commercial spaces, 9 market-rate residential units, and 1 affordable lottery unit. Just steps from the MBTA and surrounded by downtown restaurants and shops. Prime location with strong rental and retail demand. Will be delivered fully permitted, allowing developers to begin construction right away. Excellent opportunity in one of the North Shore’s fastest-growing markets.

Features

Sewer:: Public Sewer
Water:: Public
Disclosure:: New owner to take over solar contract. Buyer to do their own due diligence., Buyer responsible for all due diligence. Taxes listed are from 2025. Some photos have been virtually enhanced.
Garage Parking
Lead Paint:: Unknown

Additional Information

Market Time:: 4
Tax Year:: 2025
Status:: Active
Price Per Sqft:: $116
Zoning:: CBD
No Units:: 13
Orig Price:: $995,000
LEASE:: No
Waterfront:: No
MlsStatus:: Active

Address Map

City:: Lynn
State:: MA
County:: Essex
Postal Code:: 01901
Longitude:: W71° 3' 31.4''
Latitude:: N42° 27' 51.8''

Google Map

Residential Income

2-4 Mount Vernon St, Lynn, Massachusetts

10 Bedrooms

13 Total Bathrooms

8,550 Sqft

$995,000

Listing ID #73468882

Basic Details

Property Type :: Residential Income
Listing Type :: For Sale
Price :: $995,000
Bedrooms :: 10
Rooms :: 23
Total Bathrooms :: 13
Full Bathrooms :: 13
Square Footage :: 8,550 Sqft
Year Built :: 2025
Lot Area :: 0.06 Acre
Listing ID :: 73468882

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Agent info

Robb Enterprises

Stephen E. Robb
View website
617-212-0251
srobb@robbenterprises.com

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.