63 Lynnway Portfolio
Lynn, MA 01902
83
Bed
71
Bath
41,837Sqft
0.77Acre(Lot)
Rare portfolio opportunity in Lynn’s Diamond District. The offering includes five multifamily properties located at 63-69 Lynnway, 100, 104 & 106 Newhall Street, plus an additional 9,592 SF parcel at 9 Chancery Lane, zoned R5 with potential development upside. The portfolio consists of 71 residential units, including 19 studios, 40 one-bedroom units, and 12 two-bedroom units, providing a diverse unit mix that appeals to a broad tenant base. Large scale capital improvements have been completed, minimizing near-term capital expenditures for new ownership. This is the opportunity to acquire scale in one of Greater Boston’s most supply-constrained rental markets with strong demand, low vacancy, and long-term appreciation potential.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 71 Full Baths: 71Room Information
Total Bedroom: 83 -
Flooring Information
Tile, Vinyl, Varies, Hardwood -
Roofing Information
Rubber -
Interior Features
Roof: Rubber -
Heating & Cooling
WaterSource: Public
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Building Information
Year Built: 1910 Construction Materials: Frame Basement: Full, Unfinished -
Exterior Features
Foundation Details: StonePorch: Porch
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Lot Information
Lot Description: Corner Lot Lot Size Area: 0.77 Lot Size Units: Acres Lot Square Feet: 33,541 Lot Acres: 0.77 Waterfront: Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public) Stories: 3 Main Square Feet: 0.77Property Information
Property Type: Residential Income Sub Type: 5+ Family - 5+ Units Up/DownSQ ft (Living Area): 41,837
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Listing Price Information
Original Listing Price: $14250000
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Tax Information
Parcel Number: M:080 B:584 L:007 Annual Tax: $128874
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Location Information
Direction: Lynn Shore Drive to Lynnway and Newhall
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 204 Eastern Avenue, Lynn, MA, 01902 | $1,399,999 | 7 | 5 | 3,567 | 3,567 SqFt |
| 65-67 Phillips Ave, Lynn, MA, 01902 | $780,000 | 6 | 2 | 2,616 | 2,616 SqFt |
| 49 Atlantic Terrace, Lynn, MA, 01902 | $1,250,000 | 4 | 4 | 3,750 | 3,750 SqFt |
| 10 Williams Ave, Lynn, MA, 01902 | $699,999 | 3 | 2 | 1,222 | 1,222 SqFt |
| 145 Lewis St, Lynn, MA, 01902 | $6,100,000 | 33 | 26 | 17,407 | 17,407 SqFt |
| 2 Chestnut Terrace, Lynn, MA, 01902 | $589,999 | 3 | 1 | 1,536 | 1,536 SqFt |
| 20 Melvin Ave, Lynn, MA, 01902 | $329,900 | 3 | 3 | 2,226 | 2,226 SqFt |
| 8 Chestnut St, Lynn, MA, 01902 | $549,000 | 3 | 2 | 1,470 | 1,470 SqFt |
| 40 Archer St, Lynn, MA, 01902 | $729,988 | 5 | 3 | 1,932 | 1,932 SqFt |
| 77-79 Chestnut Street, Lynn, MA, 01902 | $1,850,000 | 13 | 5 | 5,368 | 5,368 SqFt |
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ByOwner last updated this listing 07/05/2026 @ 08:19
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