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Historic 5-Unit Apartment Building
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27 W Baltimore St., Lynn, MA 21732

5-unit apartment building with separately metered electric, baseboard heat, and onsite gravel parking for about six cars.

Property Size2,862 SF
Days on Market126

Property Features for 27 W Baltimore St.

General Information

Standard status Active
Size 2,862 SF
Total Parking Spaces 6
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 5

Building Details

Year Built 1900
Stories 2
Listing Agency: RG Realty Inc
Listed By: Roberto Gonzalez · License #MD 598229
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 6:14PM

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 RG Realty Inc

Investment Insights

Based on property information with market context.

This property is improved with a five-unit apartment building constructed around 1900. The building features frame and siding exterior walls with a metal roof and frame double-hung windows with aluminum storm windows. Exterior features include aluminum gutters and downspouts, a front porch, and rear and side porches and stairwells. Entry is provided via concrete walk-up steps leading to the front of the building.

The site includes concrete walkways, lawn areas, minor landscaping, and trees. Onsite gravel parking is located to the rear of the building and accommodates approximately six spaces. The apartments are professionally owned and operated, and all units are currently occupied.

Each unit has separately metered electric and is heated with baseboard systems. The property is described as having spacious, well-designed apartments, with an opportunity noted to raise rents without any improvements.

Key Highlights

  • 5‑unit apartment building constructed around 1900 with 2‑story design and 2,862 SF gross living area
  • Frame and siding exterior with a metal roof, frame double‑hung windows, and aluminum storm windows
  • Each unit has separately metered electric and baseboard heat

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Tech Support Center Acupuncture (Bike/Boat/Book/etc) Store Computer & Electronic Repair Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,878
Businesses Nearby

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 5-unit apartment building with separately metered electric, baseboard heat, and onsite gravel parking for about six cars.
Where is this apartment building located?
The property is located at 27 W Baltimore St. Lynn, MA.
What are key features of this property?
This property features: 5‑unit apartment building constructed around 1900 with 2‑story design and 2,862 SF gross living area; Frame and siding exterior with a metal roof, frame double‑hung windows, and aluminum storm windows; Each unit has separately metered electric and baseboard heat
(240) 203-6393 Call to check price and availability
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