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$14,250,000

63 Lynnway Portfolio, Lynn MA 01902
Lynn, MA 01902
Listed by Dan Pouladian
Bedrooms
83
Bathrooms
71
Living area
41,837 sqft
Year built
1910

About this home

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

MLS #
73538322
Property type
5+ Family - 5+ Units Up/Down
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
3
Garage spaces
N/A
Lot size
0.77 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
E J Harrington
0.44 mi away · Grades -1-5
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
637
Student:teacher ratio
11.6:1
District
Lynn
Middle
Thurgood Marshall Mid
0.98 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
1,275
Student:teacher ratio
13.6:1
District
Lynn
High
Fecteau-Leary Junior/Senior High School
0.94 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

Mortgage calculator

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Est. monthly payment
$85,965/mo
$2,850,000 down
$11,400,000 loan
Principal & interest$73,940
Property tax (est.)$11,875
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated July 1, 2026.

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.