2 months on rocket

285 Lynn Shore Dr Unit 506, Lynn, MA, 01902

$150,000

Home List Price

$1,781*

Closing Credit

1 Bedroom
1 Full Bath
460 SqFt
$326/SqFt
Condo

Location

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285 Lynn Shore Dr Unit 506, Lynn$150,000

Buyer Closing Credits

$1,781*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1893
HeatingSteam
CoolingWindow Unit(s)
WaterfrontWaterfront, Beach, Ocean Front
MLS #73291298
Lot Size0.27 Acres
StatusActive

About 285 Lynn Shore Dr Unit 506

**Incredible Condo Opportunity on Lynn Shore Drive!**Discover a rare chance to own a 460 sq ft condo in a prime beachfront location on Lynn Shore Drive! This unit is a blank canvas, completely down to the studs, offering endless potential for customization and sweat equity. Imagine designing your dream space just steps from the stunning beach. With its unbeatable location, you’ll enjoy easy access to the sandy shores, local restaurants, and vibrant community life. Whether you’re an investor looking to flip or a homeowner eager to create your perfect retreat, this property is brimming with possibilities. Don’t miss out on this exceptional opportunity to transform a coastal gem into your personal paradise!Buyer and Buyers Agent to do due diligence! The owner is willing to negotiate for both condos listed on MLS.

Property Details

Property Features

Property Information:

  • Year Built: 1893
  • Living Area: 460 SqFt

Listing Office:

  • Office Name: Grande Realty
  • Office Phone: (781) 639-1858
  • Listing Agent: Carina Kidd

Interior Features

Interior Information:

  • Appliances: Other
  • Flooring Type: Other
  • Interior: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Waterfront, Beach, Ocean Front

Lot Features

Lot Information:

  • Lot Size: 0.27 Acres

Utilities

Utilities Information:

  • Heating: Steam
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: Use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $150,000
  • Price Per SqFt: $326/SqFt
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Housing Market Comparison

See how this home compares to others in Lynn, MA.

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Lynn, MA

City

Med. Sold Price

$570K

Med. Price/SqFt

$357

Avg. Days On Market

23

# of Sold Homes

43

285 Lynn Shore Dr Unit 506 vs Lynn

60 DAYS ON ROCKET

+37 Days

$150,000

-$420K Less

$326/SqFt

-$32 Less

KEY TAKEAWAY

This property is $420K less than the Median Sold Price and $32/SqFt less than other homes in Lynn, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73291298

Listing Office:

  • Office Name: Grande Realty
  • Office Phone: (781) 639-1858
  • Listing Agent: Carina Kidd

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: 11/17/2024, 10:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$816

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$516

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-364442
3
/10

  • Brickett Elementary School

  • 123 Lewis St

  • 0.43 miles

  • Public District Grades KG-5

school-card-donut-364443
3
/10

  • E J Harrington

  • 21 Dexter St

  • 0.44 miles

  • Public District Grades PK-5

school-card-donut-364444
3
/10

  • Ingalls

  • 1 Collins Street Ter

  • 0.82 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,529. Residents of Lynn, MA typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 285 Lynn Shore Dr Unit 506

What is the listing price of this property?

The listing price of 285 Lynn Shore Dr Unit 506 property is $150,000.

What type of property is this?

The property 285 Lynn Shore Dr Unit 506 is a condo located in Lynn, Massachusetts, 01902.

Is this property for sale now?

Active Listing: 285 Lynn Shore Dr Unit 506 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 285 Lynn Shore Dr Unit 506 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 285 Lynn Shore Dr Unit 506 is 460 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 285 Lynn Shore Dr Unit 506 is 1893.

Rocket Homes›Massachusetts›Essex County›Lynn›01902›285 Lynn Shore Dr Unit 506

This home is located at 285 Lynn Shore Dr Unit 506 in Lynn, MA and zip code 01902. This 460 square foot home, which was built in 1893, sits on a 0.27 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $150,000.

In October 2024, from all listings sold in Lynn, MA there were more than 27 sold above asking price, over 12 sold below and more than 4 were sold right at the asked price. The number of homes for sale in Lynn, MA decreased by 1.1% between September 2024 and October 2024. While the average time on the market in October 2024 was 23 days, the median list price was $570,000.

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

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