For Sale · Commercial
62 Nahant St.
Lynn, MA 01901
$1,300,000
$215 per sq ft
- 6,044
- sq ft
Est. payment: $7,711/mo Estimated. Taxes and insurance included.
- Lot (sq ft)
- 6,952
- Year Built
- 1893
- Type
- Commercial
- Status
- For Sale
- Property taxes (2025)
- $11,844
- Days on Market
- 0
About this home
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.
Facts & features
Systems & utilities
- Utilities
- Public Water, Public Sewer
Construction
- Roof
- Rubber
- Year built
- 1893
Flood risk
Location
Courtesy of The Drumlin Group Inc.
MLS #: 73550879 · Updated: July 20, 2026
Listing data is provided in part by MLS PIN and PrimeMLS/NEREN and is for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed.
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