Income Apartment Building with
For Sale
$887,977
15 Hanover Street, Lynn, MA 01902
Apartment building offering 9+ bedrooms, newer roof and porches, plus expansive off-street parking.
Property Size2,452 SF
Price / SF$362.14
Days on Market55
Property Features for 15 Hanover Street
General Information
Standard status
Active
Size
2,452 SF
Property subtype
Multi-family
Lease Term
[]
Additional Details
Business Included
Yes
Building Details
Year Built
1860
Listing Agency:
Century 21 North East
Listed By:
Fermin Group
(978) 208-0449
Source:
Portsiderealestategroup
Added: Jul 16
Changed: Sep 8
Last Checked: Aug 26 at 1:07PM
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 Century 21 North East
Investment Insights
Based on property information with market context.
This income-producing apartment building features a 9+ bedroom layout and includes major exterior improvements such as a newer roof and newer porches. The property also offers expansive off-street parking, supporting resident and guest access.
Located at 15 Hanover St in Lynn, the building is described as commuter-friendly, with proximity to the commuter rail and public transportation. The remarks also note nearby everyday conveniences, including shops and restaurants, and cite travel times to Boston and Revere Beach.
As presented, the combination of a larger bedroom count, off-street parking, and recent exterior updates is positioned to appeal to buyers seeking a residential rental property.
Located at 15 Hanover St in Lynn, the building is described as commuter-friendly, with proximity to the commuter rail and public transportation. The remarks also note nearby everyday conveniences, including shops and restaurants, and cite travel times to Boston and Revere Beach.
As presented, the combination of a larger bedroom count, off-street parking, and recent exterior updates is positioned to appeal to buyers seeking a residential rental property.
Key Highlights
- Apartment building built in 1860 offering 9+ bedrooms
- Newer roof and newer porches
- Expansive off‑street parking
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,407
Businesses Nearby
Explore this area
Business Placement
Demographics for 01902, MA
50,725
Population
19,655
Households
2.6
Avg Household Size
35
Median Age
20%
College-Educated
75%
High-School Grad
2.4 sq mi
ZIP Area
21,135
Density / Sq Mi
$66,755
Median Household Income
$39,506
Median Earnings
$1,571
Median Rent
$456,000
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Specialty property - Apartment building offering 9+ bedrooms, newer roof and porches, plus expansive off-street parking.
Where is this specialty property located?
The property is located at 15 Hanover Street Lynn, MA.
What is the asking price?
The asking price for this property is $887,977.
What are key features of this property?
This property features: Apartment building built in 1860 offering 9+ bedrooms; Newer roof and newer porches; Expansive off‑street parking
