Summer Street Condos Multifamily
386 Summer St, Lynn, MA 01905
20-unit multifamily asset in Lynn, MA with upside potential.
Type:Multifamily
Property size:
14,800 SFPrice / SF:
$337/SF- Added:
- Feb 5, 2026
- Days on Market:
- 95
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 386 Summer St
General Information
- Standard status
- Active
- Size
- 14,800 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1988
Listing agent Anthony Rakuskas License #9588289
Listing office NorthEast Private Client Group Shelton
Listing date Feb 5, 2026
Source Crexi
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 NorthEast Private Client Group Shelton
HighLights
- 100% ownership of a 20‑unit condominium complex.
- Located in the high‑growth Lynn market, part of the rapidly improving Greater Boston urban environment.
- Strong tenant demand and consistent occupancy.
- Tenant‑paid utilities and off‑street parking.
- All units are desirable two‑bedroom, one‑bathroom layouts.
- Built in 1988 and maintained with an efficient layout and modernized features.
Overview
The Summer Street Condos, located at 386 Summer Street in Lynn, MA, represent a multifamily asset comprising 20 units within a 14,000 square foot complex. Constructed in 1988, the property consists entirely of two-bedroom, one-bathroom condominium units, with current ownership controlling 100 percent of the complex. The property benefits from tenant-paid utilities and off-street parking. The location provides accessibility, proximity to amenities, and exposure to an improving urban environment. The property is positioned in the heart of Lynn, Massachusetts. The area has seen local population and household growth, combined with rising income levels within one-, three-, and five-mile radius.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Lynn
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.9619512
- Latitude
- 42.4597887
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 20-unit multifamily asset in Lynn, MA with upside potential.
Where is this apartment building located?
The property is located at 386 Summer St Lynn, MA.
What is the asking price?
The asking price for this property is $4,995,000.
What are key features of this property?
This property features: 100% ownership of a 20‑unit condominium complex.; Located in the high‑growth Lynn market, part of the rapidly improving Greater Boston urban environment.; Strong tenant demand and consistent occupancy.
