62 Nahant St.

Lynn, MA, 01901

Multi-Family · MLS #73581071

Price/sqft

$322

Days on market

2 days

Year built

1893

Lot size

0.16 ac

4 full

Baths

4,041 sq ft

Sq Ft

0.16 acres

Lot

1893

Year Built

2 car

Garage

Taxes: $11,844 (2025)

About this home

62 Nahant St. located in Lynns 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.