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    140 S Common St Lynn, MA 01902

    For Sale
    $785,000

    Three-family property in Lynn, MA, ideal for owner-occupancy or investment.

    Lot size:
    0.07 Acres

    Property Features for 140 S Common St

    General Information

    Lot size
    0.07 Acres

    Building Details

    Year built
    1915

    Source: Citipoint Realty Services, LLC Agent Dipo Akinade

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

    Overview

    Lynn Three-Family Investment Opportunity

    This three-family property in Lynn, MA, presents an opportunity for owner-occupancy or investment. The top floor unit is currently vacant. Unit 1, the owner's unit, will be vacant at closing. The property features de-lead certificates of compliance for all floors and mostly hardwood floors throughout. Each unit has separate utilities, including three newer gas heating systems installed in 2005, and three new gas hot water heaters installed in 2023, 2024, and 2025. There are also four gas and electric meters and three storage spaces. The property is conveniently located with easy access to Route 1, 128, 107, Logan Airport, shopping, hospitals, and the MBTA commuter rail. It is also within walking distance to a bus line/station, CVS, Market Basket, Supreme Store, Price Rite, banks, City Hall, the library, and various other stores and shops.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market 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
    -70.9593297
    Latitude
    42.4626979

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    FAQs

    What type of property is this?
    Triplex - Three-family property in Lynn, MA, ideal for owner-occupancy or investment.
    Where is this triplex located?
    The property is located at 140 S Common St Lynn, MA.
    What is the asking price?
    The asking price for this property is $785,000.
    What are key features of this property?
    This property features: - Prime opportunity to own a 3-family property in Lynn, MA, suitable for owner-occupancy or investment.; - De-lead Certificates of Compliance for all floors.; - Newer gas heating systems and new gas hot water heaters with separate utilities.
    (857) 277-3793
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    Lynn, MA 01902
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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
    140 S Common St Lynn, MA 01902
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