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Apartment with Bonus Room
For Lease
$2,000/Mo

38 Neptune # 1R, Lynn, MA 01902

Granite counters, hardwood floors, and central gas heat complement a flexible extra room.

Space Size1,000 SF
Days on Market39

Property Features for 38 Neptune # 1R

General Information

Standard status Active
Size 1,000 SF
Net Rentable 1,000 SF
Property subtype Parking

Space & Availability

Available Space 1,000 SF
Contiguous Space 1,000 SF

Site & Location

Highway Access Yes
Utilities to Site Yes

Amenities

granite countertops
hardwood flooring
free on-site parking

Building Details

Building Size 1,000 SF
Year Built 1905
Listing Agency: New Boston Real Estate Services, LLC
Listed By: Juan Melo
Source: Bostonluxurysuburbs
Added: Aug 26 Changed: Oct 2 Last Checked: Oct 1 at 4:02PM

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 New Boston Real Estate Services, LLC

Investment Insights

Based on property information with market context.

This one-bedroom apartment includes a bonus room within its 1,000-square-foot layout. Interior features include granite countertops and hardwood flooring, with central gas heat and free on-site parking. The building dates to 1905, and housing vouchers are accepted.

At 38 Neptune Unit 1R in Lynn, the property is about a mile west of downtown Lynn. MBTA bus routes connect to Downtown Lynn and Central Square, while Route 1A and Route 1 provide access toward Boston. Nearby institutions include Bay Ridge Hospital in Beverly, North Shore Medical Center in Salem, Salem State University, Bunker Hill Community College, and Endicott College. Shopping and dining are also nearby.

Key Highlights

  • One‑bedroom apartment with a bonus room
  • 1,000‑square‑foot layout
  • Granite countertops and hardwood flooring

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Computer & Electronic Repair (Bike/Boat/Book/etc) Store Acupuncture Carpet & Flooring Store Tech Support Center Electrical Service

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

Yes
Highway access
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,530
Businesses Nearby

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
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Granite counters, hardwood floors, and central gas heat complement a flexible extra room.
Where is this residential income property located?
The property is located at 38 Neptune # 1R Lynn, MA.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: One‑bedroom apartment with a bonus room; 1,000‑square‑foot layout; Granite countertops and hardwood flooring
More about this property
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