Kayla Remaley
← INNOVATE Real Estate
5-9 Family at 53 Arlington St, Lynn MA 01902, Lynn
5-9 Family at 53 Arlington St, Lynn MA 01902, Lynn, photo 2 of 8
5-9 Family at 53 Arlington St, Lynn MA 01902, Lynn, photo 3 of 8
5-9 Family at 53 Arlington St, Lynn MA 01902, Lynn, photo 4 of 8
5-9 Family at 53 Arlington St, Lynn MA 01902, Lynn, photo 5 of 8
5-9 Family at 53 Arlington St, Lynn MA 01902, Lynn, photo 6 of 8
5-9 Family at 53 Arlington St, Lynn MA 01902, Lynn, photo 7 of 8
5-9 Family at 53 Arlington St, Lynn MA 01902, Lynn, photo 8 of 8
8 photos

$1,289,000

53 Arlington St, Lynn MA 01902
Lynn, MA 01902
Listed by Daniel Alper
Bedrooms
12
Bathrooms
6
Living area
5,712 sqft
Year built
1890

About this home

We are excited to present this 6-unit multifamily deal located at 53 Arlington Street in Lynn, MA. The building consists of six 2-bedroom / 1-bathroom units with spacious unit layouts. Ideally situated in a sought after area, the property benefits from easy access to local amenities and excellent connectivity, with multiple bus routes and the MBTA train station providing convenient transportation options to downtown Lynn and Boston. This asset presents an excellent opportunity for investors with potential for value-add improvements and long-term growth. Four units are currently on annual leases with two units delivered vacant.

Property details

MLS #
73563784
Property type
5-9 Family
Subdivision
N/A
Status
Active
Days on market
42
On market date
August 14, 2026
Stories
5
Total bathrooms
6
Garage spaces
N/A
Parking spaces
2
Lot size
0.11 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Cobbet Elementary
0.27 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
589
Student:teacher ratio
12.3:1
District
Lynn
Middle
Breed Middle School
1.33 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,270
Student:teacher ratio
13.7:1
District
Lynn
High
Fecteau-Leary Junior/Senior High School
0.28 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
90
Student:teacher ratio
3.5:1
District
Lynn

Walkability

Blended score for Lynn's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

79
Walkable
out of 100
EPA National Walkability Index
12.8 / 20 -- Above average walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies11

Market position

How this listing compares to current activity in Lynn, from live MLS data.

On the market 42 days -- 35 fewer days than Lynn's current average of 77 days.
For reference, the median list price across 633 active listings in Lynn right now is $9,000.

Mortgage calculator

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Est. monthly payment
$7,913/mo
$257,800 down
$1,031,200 loan
Principal & interest$6,688
Property tax (est.)$1,074
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 3 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.