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Renovated Mixed-Use Property
For Sale
$1,795,000

90 Essex Street, Lynn, MA 01902

Fully occupied commercial and residential units create a renovated mixed-use configuration.

Property SizeContact for details
Days on Market12

Property Features for 90 Essex Street

General Information

Standard status Active
Property subtype Commercial
Occupancy 100%
Lease Term []

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Cap Rate 8%
Multifamily Units 3

Amenities

off-street parking

Building Details

Year Built 1910
Listing Agency: Keller Williams Realty Evolution
Listed By: Alvarenga & Son's Team
Source: Thepropernest
Added: Aug 24 Changed: Sep 3 Last Checked: Sep 4 at 9:39AM

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 Keller Williams Realty Evolution

Investment Insights

Based on property information with market context.

Located at 90 Essex St in Lynn, Massachusetts, this mixed-use property combines one commercial unit with three residential units. The building was constructed in 1910 and has undergone a recent full renovation, providing an updated four-unit configuration for an owner or investor. All units are currently occupied.

The property sits on a corner lot and includes off-street parking. Public transportation, shopping, restaurants, major highways, and the beach are identified as nearby area amenities. The property is reported with an estimated 8% cap rate.

Key Highlights

  • One commercial unit plus three residential units
  • All four units are fully occupied
  • Recently fully renovated mixed‑use property

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic Tech Support Center Acupuncture

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

3
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,182
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully occupied commercial and residential units create a renovated mixed-use configuration.
Where is this mixed-use property located?
The property is located at 90 Essex Street Lynn, MA.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: One commercial unit plus three residential units; All four units are fully occupied; Recently fully renovated mixed‑use property
More about this property
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