$10,000

closing credit¹

62 Nahant St Lynn, MA 01902

$1,450,000
13 beds
3 full, 1 partial
4,039 sqft
0.2 acres
$359 / sqft
Multi-Family

Property details

About 62 Nahant St

NEW PRICE IMPROVEMENT! The cleanest, Fully Licensed Rooming/ Boarding house you will find!! This property located in Highly Desirable Diamond District, just a Few Blocks from the Beach and access to transportation! SUPER EASY TO MANAGE- Income Producing all while in PRIME LOCATION! (Note: NOT A SOBER HOUSE) Great corner lot, extra large 2 car detached garage (rented separately for bonus income!!) and a full dry basement with high ceilings with tons of storage space. 13 current rental units (including a separate 1-bedroom apartment) and an office space that can potentially be another rentable room (14 rooms in total). All rooms vary in size and include closets, and some are extra large potentially being able to add more beds for more income- buyer to verify this and do due diligence. ALL TENANTS ARE AT WILL. Some pay per week- others pay per month. Pre-approval or proof of funds required prior to showings. Partial seller financing will be considered.

Highlights

Home typeMulti Family
HeatingOil
StatusActive
(Extended)
Size4,039 sqft
BasementYes
Lot size0.16 Acres
Year built1893
ParkingPaved
MLS #73173217
Garage1 space
WaterfrontBeach, Ocean Front

Summary

  • MLS Number: 73173217
  • MLS Name: MLS Property Information Network
  • Office Name: Coldwell Banker Realty - Marblehead
  • Office Phone: (781) 631-9511
  • Listing Agent: Connie Irving

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: 1/31/2025, 8:20:49 AM 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 featuring covered porch

$1,450,000

62 Nahant St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 20, 2001
Home Sold
$280,000

Tax history

YearAssessmentProperty Tax
2024$1,104,900$11,635
2023$946,600$10,555
2022$808,500$10,050
2021$692,200$9,019
2020$650,100$8,711
2019$520,600$7,445

History based on county public records data.

Nearby schools

3

E J Harrington

Public District PK-5

0.2 mi

21 Dexter St

3

Brickett Elementary School

Public District KG-5

0.4 mi

123 Lewis St

3

Ingalls

Public District KG-5

0.7 mi

1 Collins Street Ter

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 $34,338. Most Lynn, MA residents have annual incomes less than $<35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

51%
<35k
27%
35k-100k
22%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

73%
Single, No Kids
9%
Single, with Kids
11%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
5%
12-17 yrs old
25%
18-34 yrs old
50%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Figure SkatingFigure Skating
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • BurlingtonBurlington
  • Chico'sChico's
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Bob EvansBob Evans
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • DodgeDodge
  • OldsmobileOldsmobile
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • NewsNews
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 62 Nahant St in Lynn, MA and zip code 01902. This 4,039 square foot home, which was built in 1893, sits on a 0.16 acre lot. Features: 13 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 23, 2023 and is currently priced at $1,450,000.

In December 2024 more than 30 listings in Lynn, MA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 22 were sold below. The number of listings in Lynn, MA decreased by 15.7% between November and December 2024. In December 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $575,000.

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

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