1 year on rocket

62 Nahant St, Lynn, MA, 01902

$1,450,000

Home List Price

$10,000*

Closing Credit

13 Bedrooms
3 Full Baths, 1 Partial
4,039 SqFt
$359/SqFt
Multi

Location

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62 Nahant St, Lynn$1,450,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingPaved
Garage1 space
Year Built1893
HeatingOil
BasementYes
WaterfrontBeach, Ocean Front
MLS #73173217
Lot Size0.16 Acres
StatusActive

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.

Property Details

Property Features

Property Information:

  • Year Built: 1893
  • Living Area: 4,039 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty - Marblehead
  • Office Phone: (781) 631-9511
  • Listing Agent: Connie Irving

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Laundry Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 13

Exterior Features

Exterior Information:

  • Waterfront: Beach, Ocean Front
  • Exterior: Rain Gutters, Professional Landscaping

Parking Information:

  • Garage Space: 1 space
  • Parking: Paved

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Oil

Other

Directions Information:

  • Directions: Lynn Shore Drive to Nahant Street. *Park on Baltimore st.*

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,450,000
  • Price Per SqFt: $359/SqFt

Tax Information:

  • Annual Amount: $9,019
  • Tax Year: 2021
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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

$577.5K

Med. Price/SqFt

$361

Avg. Days On Market

18

# of Sold Homes

44

62 Nahant St vs Lynn

421 DAYS ON ROCKET

+403 Days

$1,450,000

+$872.5K More

$359/SqFt

-$3 Less

KEY TAKEAWAY

This property is $872.5K more than the Median Sold Price and $3/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: #73173217

Listing Office:

  • 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: 12/18/2024, 6:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 20, 2001Home Sold
$280,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,019$692,200
2020$8,711$650,100
2019$7,445$520,600
2018$7,114$469,600
2017$6,936$444,600

History based on county public records data.

Payment Calculator

$7,304

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,414

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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-4433838
3
/10

  • E J Harrington

  • 21 Dexter St

  • 0.23 miles

  • Public District Grades PK-5

school-card-donut-4433839
3
/10

  • Brickett Elementary School

  • 123 Lewis St

  • 0.43 miles

  • Public District Grades KG-5

school-card-donut-4433840
3
/10

  • Ingalls

  • 1 Collins Street Ter

  • 0.68 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 $34,338. Residents of Lynn, MA typically earn less than $35k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Essex County›Lynn›01902›62 Nahant St

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.

Lynn, MA housing market in November 2024 saw over 33 listings sold above listed price, more than 4 sold at listed price and over 7 sold below. In November 2024 in Lynn, MA there were 12% less homes for sale than in October 2024. In November 2024, listings were on the market for 18 days. During the same period, the median list price in this real estate market was $577,500.

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

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