121 N Common, Lynn, MA 01902
Large 13-bedroom multi-family property with ample living space.
- Added:
- Mar 16, 2026
- Days on Market:
- 85
- Last Refresh:
- Apr 21 at 6:26 am
Property Features for 121 N Common
General Information
- Standard status
- Active
- Size
- 4,982 SF
- Lot size
- 0.12 Acres
- Property subtype
- Multi-family
Building Details
- Year Built
- 1890
Listing agent Kevin Farrar
Listing office Atlantic Coast Homes,Inc
Listing date Mar 16, 2026
Source Stevebremis
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Atlantic Coast Homes,Inc
HighLights
- Expansive 4982 sq ft of living area.
- Thirteen distinct bedrooms.
- Three full and three half bathrooms.
- Multi‑family property.
- Significant 5158 sq ft lot area.
- Constructed in 1890.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $169.2k | $33.96 |
| − Vacancy | −$11.0k | −$2.21 |
| EGI | $158.2k | $31.75 |
| − OpEx | −$71.2k | −$14.29 |
| NOI | $87.0k | $17.46 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lynn
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.9592583
- Latitude
- 42.4638098
