62 Nahant St. Lynn, MA $ 1,300,000
62 Nahant St.
$ 1,300,000
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62 Nahant St.

Lynn, MA, 01901
$ 1,300,000
Bedrooms-- Baths4.0 Sq 6,044

Monthly Estimate*

$ 8,208

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Commercial Property for sale in Lynn, MA

for $1,300,000 with 4 full baths. This 6,044 square foot building was built in 1893 on a lot size of 0.16.

62 Nahant St. located in Lynn’s Diamond District is a licensed rooming/lodging house with an active license for 12 SRO. This license could be expanded to 16 SRO through the proper channels. 62 Nahant St. is located on a visible corner lot with off-street parking with close proximity to the beach, downtown and major public transportation. The building is good condition and would be ideal for a non-profit organization to purchase and modify the building for transitional housing programs. The building has a large dry basement which allows for ample storage of tenant or owner property and the garage could be utilized for additional storage. Recent improvement to the building includes a new spiral staircase for egress from the 2nd and 3rd floor. The tenants are all TAW and pay weekly or monthly depending on their in place agreements with ownership. Ownership is willing to seller finance the sale of the property. Terms to be negotiated.

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Commercial Active

Price

$ 1,300,000

Full Bath

4

Property Type

Commercial

Taxes

$ 11,844

Style

5+ Residential

Lot Size

0.16

Year Built

1893

Town/City

Lynn

County/Region

Essex

MLS | Web ID

73550879

List By
Jacob VanMeter

Listing Agent

The Drumlin Group Inc.

Broker

Affordability Calculator

$9,195
Per Month
89%
11%
0%
Monthly Principal & Interest
$8,208
Monthly Property Taxes
$987
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Pricing History
DatePricePrice ChangeDescription
7/16/2026$1,300,000 Listed Price

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62 Nahant St., Lynn, MA, 01901 is a Commercial Property for sale at $1,300,000 with 6,044 sqft and a lot size of 0.16. 62 Nahant St. has 4.0 baths and was built in 1893. The property's zip code is 01901 which is in Lynn, MA