69 N Common St, Lynn, MA 01902
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$5,450,000
48 Unit
48 Beds
24 Baths
10980 SQFT
0.15 Acre

Property Description

Northeast Private Client Group® is pleased to present The North Shore Commons at 69 N Common Street and 10 Hanover Street in Lynn, MA.This three-story, 14,680-square-foot building, built in 1905, has recently been renovated and received significant CapEx. It consists of 48 fully furnished single-room occupancy units (SROs) and a 6,202-square-foot adjacent vacant lot, zoned R-5 in the rear (10 Hanover St) to be sold separately. There are 12 new bathrooms, four on eachfloor. Newly added common kitchens with cabinets and granite countertops. New laundry facility & folding stations on site. The rooms include brand-new refrigerators, plasma TVs, and virtual touch security. Desirable Lynn Commons location. Easy access to Boston and Logan International Airport via Lynn Station Commuter Rail stop.All interested and qualified parties can tour the property during scheduled appointments and obtain additional information upon request.

Property Details tap to expand

Building Information

  • Total Units: 48
  • Total Floors: 3
  • Total Bedrooms: 48
  • Total Full Baths: 12
  • Total Half Baths: 12
  • Amenities: Highway Access, Laundromat, Park, Public School, Public Transportation, Shopping, T-Station
  • Basement Features: Partial, Partially Finished

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 597780
  • Gross Expenses: 189474
  • Net Operating Income: 380916

Utilities

  • Electric Info: 200 Amps
  • Energy Features: Insulated Windows
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes

Unit 2 Description

  • Under Lease: Yes

Construction

  • Year Built: 1905
  • Type: 5+ Family - Rooming House
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Rubber
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73447492
  • Last Updated: 10/28/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
10/28/2025Active$5,450,000$496MLSPIN
10/28/2025Active$5,450,000MLSPIN
10/24/2025New$5,450,000MLSPIN
10/24/2025New$5,450,000$496MLSPIN
10/01/2025Expired$5,695,000$519MLSPIN
10/01/2025Expired$5,695,000MLSPIN
08/01/2025Expired$5,695,000$388MLSPIN
07/15/2025Active$5,695,000$519MLSPIN
07/15/2025Active$5,695,000MLSPIN
07/11/2025New$5,695,000MLSPIN
07/11/2025New$5,695,000$519MLSPIN
07/02/2025Active$5,695,000$388MLSPIN
06/28/2025Price Change$5,695,000$388MLSPIN
05/25/2025Active$5,795,000$395MLSPIN
05/21/2025New$5,795,000$395MLSPIN
05/14/2025Expired$5,795,000$528MLSPIN
03/17/2025Active$5,795,000$528MLSPIN
03/13/2025New$5,795,000$528MLSPIN

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Seller's Representative: Francis Saenz, Northeast Private Client Group, LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-10-28 03:05:00