386 Summer St, Lynn, MA 01905

Building Details

Year Built

1988

Listing office NorthEast Private Client Group Shelton

Listing date Feb 5, 2026

Source Crexi

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All listing content including descriptions, pricing, images are the copyrighted material of NorthEast Private Client Group Shelton

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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.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Lynn

County

Essex

State

Massachusetts

Longitude

-70.9619512

Latitude

42.4597887

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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.