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Third-Floor Residential Rental Unit
For Lease
$3,000/Mo

49 North Federal St # 3, Lynn, MA 01905

Third-floor unit features three bedrooms, in-unit laundry, and two outdoor porch spaces.

Property Size1,464 SF
Days on Market49

Property Features for 49 North Federal St # 3

General Information

Standard status Active
Size 1,464 SF
Property subtype Apartment

Amenities

outdoor porch
shared yard
in-unit laundry

Building Details

Building Size 1,464 SF
Year Built 1900
Listing Agency: Toner Real Estate, LLC
Listed By: Melissa Jeffery · License #9035650
Source: Bostonluxurysuburbs
Added: Jun 15 Changed: Jul 28 Last Checked: Aug 1 at 10:53AM

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 Toner Real Estate, LLC

Investment Insights

Based on property information with market context.

Located at 49 North Federal St #3, this third-floor residential rental offers three bedrooms and one full bathroom within approximately 1,464 square feet of living space. The unit includes an in-unit laundry room, and it comes with two outdoor porch spaces plus shared yard space.

The home is described as meticulously maintained and was built in 1900. The property has been freshly painted with new flooring, and it is available as a ready-to-move-in lease opportunity.

With its third-floor placement, the unit provides an elevated feel and elevated privacy compared to ground-level living, while still offering access to shared outdoor space.

Key Highlights

  • Third‑floor unit in a 1900‑built property with 1,464 SF of living space
  • 3 bedrooms with a full bathroom
  • In‑unit laundry room for added convenience

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Electrical Service Acupuncture Carpet & Flooring Store Travel Agency

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

NNN (Triple Net)
Lease Type
$3.69 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

932
Businesses Nearby

Demographics for 01905, MA

27,761
Population
9,583
Households
2.9
Avg Household Size
34
Median Age
21%
College-Educated
79%
High-School Grad
3.1 sq mi
ZIP Area
8,955
Density / Sq Mi
$84,341
Median Household Income
$42,983
Median Earnings
$1,749
Median Rent
$443,200
Median Home Value

Market

Lease Benchmarks for Lynn, MA

$26.34 /SF/Yr
Avg Asking Price
$2.16–$41.14 /SF/Yr
Price Range
2,441 SF
Avg Space Size

This space is priced 7% below the average of $26.34 /SF/Yr.

Properties on Market for Residential income properties in Essex County

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Frequently Asked Questions

What type of property is this?
Residential income property - Third-floor unit features three bedrooms, in-unit laundry, and two outdoor porch spaces.
Where is this residential income property located?
The property is located at 49 North Federal St # 3 Lynn, MA.
What is the lease rate?
The lease rate is $3,000 /Mo.
What are key features of this property?
This property features: Third‑floor unit in a 1900‑built property with 1,464 SF of living space; 3 bedrooms with a full bathroom; In‑unit laundry room for added convenience
More about this property
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