$10,000

closing credit¹

28 Linwood Rd Lynn, MA 01905

$1,600,000
12 beds
10,000 sqft
0.2 acres
$160 / sqft
Multi-Family

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

Home typeMulti Family
StatusAccepting Backup Offers
(Contingent)
Size10,000 sqft
Lot size0.2 Acres
Year built1900
ParkingPaved Drive, Off Street, Paved
MLS #73325061

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

IDX Disclaimer: 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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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view of front facade

$1,600,000

28 Linwood Rd

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
Oct 03, 2017
Home Sold
$875,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

28%
<35k
51%
35k-100k
20%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

36%
Single, No Kids
21%
Single, with Kids
19%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
9%
12-17 yrs old
30%
18-34 yrs old
34%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • SoccerSoccer
  • College BasketballCollege Basketball

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21
  • DillardsDillards

Where do the neighbors go to eat?

  • QdobaQdoba
  • Dominos PizzaDominos Pizza
  • Logan's RoadhouseLogan's Roadhouse

What do the neighbors drive?

  • VolkswagenVolkswagen
  • MazdaMazda
  • HyundaiHyundai

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • RockRock
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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