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    9 Needhams Lndg Lynn, MA 01905

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    For Sale
    $10,750,000

    High-end waterfront residences near Boston with strong rental history.

    Lot size:
    0.88 Acres

    Property Features for 9 Needhams Lndg

    General Information

    Lot size
    0.88 Acres

    Building Details

    Year built
    2015

    Source: eXp Realty Agent AJ Pappas

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Residences with Expansion Potential

    This property features 42 high-end waterfront residences in a prime location. The units consist of 16 studios, 13 one-bedroom units, and 13 two-bedroom units. Each unit includes modern finishes such as bamboo flooring, granite countertops, stainless steel appliances, and sliding doors that open to private balconies with water views. There is room to expand, including potential for a clubhouse or an additional 3-bedroom cottage. The property is located minutes from Boston, the GE plant, and the Encore Boston Harbor Casino. It is also steps from Little River and a short drive to Nahant Beach. The property has solar panels powering the building's common areas, including the halls, elevator, parking lot, and exterior lighting. Ample off-street parking is available. The property has a strong rental history and unbeatable potential.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lynn
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9719
    Latitude
    42.4642

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    FAQs

    What type of property is this?
    Apartment building - High-end waterfront residences near Boston with strong rental history.
    Where is this apartment building located?
    The property is located at 9 Needhams Lndg Lynn, MA.
    What is the asking price?
    The asking price for this property is $10,750,000.
    What are key features of this property?
    This property features: - Prime waterfront location with strong rental history and potential for expansion.; - Mix of studio, one-bedroom, and two-bedroom units, each with **private balconies and stunning water views.**; - **Modern finishes including bamboo flooring, granite countertops, and stainless steel appliances.**
    (978) 270-5225
    Request Owner's contact information
    9 Needhams Lndg Lynn, MA 01905
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9 Needhams Lndg Lynn, MA 01905
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