62 Nahant St., Lynn, MA 01901
62 Nahant St., Lynn, MA 01901
62 Nahant St., Lynn, MA 01901
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$1,300,000
Est. payment /mo
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6,044 SqFt
Active

62 Nahant St. Lynn, MA 01901

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Eric Coury

Eric Coury

Keller Williams Elite

+1(508) 838-6956

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,044 sqft

Price per Sqft $215

MLS Listing ID 73550879

HOA Y/N false

Year Built 1893

Annual Tax Amount $11,844

Tax Year 2025

Lot Size 6,969 Sqft

Acres 0.16

Property Description

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.

Location

State MA

County Essex

Area Diamond District

Zoning R2

Direction Exchange St => Broad St. => Nahant St.

Exterior

Utilities Available Public Water, Public Sewer

Roof Type Rubber

Others

Senior Community false

Listed by The Drumlin Group Inc.
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Tricia Coury
Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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Tricia Coury
Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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+1(508) 838-6956

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Keller Williams Elite, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.