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Loft-Style Residential Income Property
For Sale
$379,000

54 Central Sq, Lynn, MA 01901

Two-bedroom, two-bath condo with flexible living space, stainless appliances, and basement storage.

Property SizeContact for details
Days on Market130

Property Features for 54 Central Sq

General Information

Standard status Active
Property subtype Apartment

Units

Unit Mix 1 x 2BR/2BA
Multifamily Units 1

Amenities

in-unit washer/dryer hookup
extra basement storage
Central Air
Natural Gas
1.0 Story
$3,867 Taxes
Public
Built in 1890

Building Details

Year Built 1890
Listing Agency: eXp Realty LLC - Corporate Office
Listed By: Christina Young
Source: Donahuere
Added: May 4 Changed: Sep 9 Last Checked: Sep 9 at 5:12AM

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 eXp Realty LLC - Corporate Office

Investment Insights

Based on property information with market context.

This residential income property is a two-bedroom, two-bath condominium in a loft-inspired layout. The main living area combines lounge, dining, and kitchen functions beneath high ceilings, with exposed ductwork and full-height windows. Stainless steel appliances serve the kitchen, while the primary bedroom includes a private bath and substantial closet space. The second bedroom can accommodate guests or office use. An in-unit washer/dryer hookup and additional basement storage add practical utility.

Built in 1890, the property is located at 54 Central Sq in downtown Lynn, Massachusetts, near restaurants. The HVAC system was installed in Jan 2026.

Key Highlights

  • Two‑bedroom, two‑bath condominium with loft‑inspired interior design
  • High ceilings, exposed ductwork, and full‑height windows
  • Open living, dining, and kitchen arrangement with stainless steel appliances

Property Analytics

Current Use

Residential income properties

Suggested Use

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

2,603
Businesses Nearby

Demographics for 01901, MA

2,794
Population
1,289
Households
2.2
Avg Household Size
44
Median Age
39%
College-Educated
90%
High-School Grad
0.3 sq mi
ZIP Area
9,313
Density / Sq Mi
$27,561
Median Household Income
$36,219
Median Earnings
$1,193
Median Rent
$343,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Two-bedroom, two-bath condo with flexible living space, stainless appliances, and basement storage.
Where is this residential income property located?
The property is located at 54 Central Sq Lynn, MA.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bath condominium with loft‑inspired interior design; High ceilings, exposed ductwork, and full‑height windows; Open living, dining, and kitchen arrangement with stainless steel appliances
More about this property
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