#73317676, Dan Pouladian, Listing Office: North Shore Realty Advisors
$10,000
closing credit¹
28 Linwood Rd Lynn, MA 01905
Property details
About 28 Linwood Rd
Spacious 10,000 square property, formerly a nursing home, offers a range of possibilities for a variety of redevelopment opportunities. Situated in a desirable area with R2 zoning, the property provides flexibility for residential, multi-family, or other mixed-use developments. Key features & recent improvements: 12 individual bedrooms, common areas, and multiple bathrooms, full sprinkler system, natural gas generator, redone in 2024, ensuring reliable backup power for the majority of the facility, elevator service & upgrade 2024, 2 yr old rubber roof on the addition & more. Zoning allows for a variety of uses, including residential, multi-family, and certain commercial endeavors. Ideal for redevelopment, assisted living facilities, medical offices, non profits or community-oriented businesses. Whether you are looking to repurpose the building for healthcare, housing, or other uses - there is tremendous potential.
Highlights
(Contingent)
Summary
- MLS Number: 73325061
- MLS Name: MLS Property Information Network
- Office Name: EXIT Premier Real Estate
- Office Phone: (781) 270-4770
- Listing Agent: Team Sonia Rollins & Associates
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Last updated on: 1/29/2025, 4:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,600,000
28 Linwood Rd
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 03, 2017 | Home Sold | $875,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $756,900 | $15,274 |
2023 | $725,000 | $15,479 |
2022 | $650,800 | $15,424 |
2021 | $650,800 | $16,283 |
2020 | $641,600 | $16,598 |
2019 | $604,600 | $16,693 |
History based on county public records data.
Nearby schools
5
Tracy
Public District 1-5
0.1 mi
•35 Walnut St
4
Sewell-Anderson
Public District KG-5
0.3 mi
•25 Ontario St
2
Cobbet Elementary School
Public District KG-5
0.6 mi
•40 Franklin St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $48,167. Typical income of Lynn, MA residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
Similar homes for sale
This home is located at 28 Linwood Rd in Lynn, MA and zip code 01905. This 10,000 square foot home, which was built in 1900, sits on a 0.20 acre lot. Features: 12 bedrooms, 0 bathroom. It has been listed on Rocket Homes since January 10, 2025 and is currently priced at $1,600,000.
Over 30 listings were sold over their listed price in December 2024 in Lynn, MA. In the same period over 22 listings were sold below the listed price and 2 listings were sold for the listed price. The number of listings in Lynn, MA decreased by 15.7% between November and December 2024. While the average time on the market in December 2024 was 38 days, the median list price was $575,000.