30-32 High St
30-32 High St, Lynn, MA 01902
Yannios RE Investment Services, as exclusive agent, is proud to present a rare investment opportunity, that has not been available to the open market in 20 years. This offering represents a rare opportunity to acquire in one of the most supply-constrained submarkets in the Boston market. The Building consist of 9-two bedrooms, 12-one bedrooms, 4 studios. Tenant paid heat and electric, hot water included in the rent. The units have sub-panels, newer ceramic tile & vinyl flooring, newer bathrooms, kitchens partial updated. The common hallways have newer vinyl plank flooring and lighting & newer roof. The common hallways have newer vinyl plank flooring and lighting & newer rubber roof. Value-add upside positioning the property to capture rent growth in a high-demand, low-vacancy market with access to public transportation and commuting routes into Boston. Demand drivers for rental housing in the Lynn market continue to strengthen, making this property ideally positioned for both long term rental growth and appreciation. Building maintained well and in good condition. Interested and qualified buyers will be able to tour the property and obtain additional information...
Building Details
- For Sale $5,000,000
- Property Type Multi-Family
- Property Size 15,729 SF
- Units 25
- Lot Size 0.15 SF
- Cap Rate % 7
- Rental Income / YR $480,900.00
- NOI / YR $341,075.00
- Taxes / YR $39,376.00
- Additional Rent Price on request
- # of Floors 3
- Parking Spaces Avail. 18
- Parking Ratio 1.14 / 1,000 SF
- Year Built 1890
- Date Updated Sep 17, 2026
- Construction Type frame
Reach out to the broker for more info on lease terms and amenities
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Contacts
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Location
- City Lynn, MA
- Neighborhood Lynn
- Zip Code 01902
- Market Boston
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Walk score 95/100 Walker's Paradise -
Transit score 48/100 Some Transit -
Bike score 43/100 Somewhat Bikeable
Points of Interest
Lynn Interim Commuter Rail Station
0.23 miles
Lynn
0.25 miles
Swampscott
1.25 miles
Wonderland
4.36 miles
Revere Beach
4.72 miles
Salem
4.73 miles
Beachmont
5.35 miles
Beverly Depot
6.37 miles
Oak Grove
6.73 miles
Chelsea
6.90 miles
Speedway
0.20 miles
J & S Transport
0.75 miles
AL Prime Energy
1.14 miles
Richdale Stores
1.38 miles
Prime
1.62 miles
Richdale
1.71 miles
Gibbs
1.86 miles
Spiro's
2.28 miles
Monument Square Service
3.35 miles
eVgo
4.17 miles
MBTA Parking Garage
0.28 miles
Faculty/Staff Parking
0.33 miles
Visitor Parking
0.79 miles
MBTA Lynn Garage Facility Employee Parking
1.79 miles
Bates/Harrington Lot
3.14 miles
Harrington Faculty Lot
3.21 miles
Alumni Hill Lot
3.21 miles
Central Campus Lot
3.45 miles
Nahant Thicket Wildlife Sanctuary Parking
3.46 miles
Boston Common Parking Garage
9.86 miles
Sonny's Sparkling Image Car Wash
1.33 miles
Barn Car Wash
4.25 miles
Touch Free
5.98 miles
Randy's Car Wash
6.33 miles
Hertz
6.37 miles
Cape Ann Car Wash of Wakefield
6.45 miles
Quick & Clean Car Wash Systems
6.68 miles
Enterprise
6.70 miles
A Perfect Detail
6.85 miles
Simonize Car Wash
7.05 miles
Pho Minh Ky
0.13 miles
Eclipse
0.16 miles
Bella Luna Restaurant
0.16 miles
Domino's
0.17 miles
Dunkin'
0.17 miles
Rincon Macorisano Restaurant
0.18 miles
Casa Antigua
0.20 miles
Enzo's Pizzeria
0.20 miles
Capitol Diner
0.22 miles
Taqueria Doña Julia
0.22 miles
Poblano's Mexican Grocery
0.16 miles
Ironbound Marketplace & Food Emporium
0.19 miles
Contreas Grocery
0.22 miles
Shaw's
0.40 miles
Stop & Shop
0.75 miles
Market Basket
1.15 miles
Mekong Market
1.36 miles
Walmart
1.45 miles
La Familia Market
1.51 miles
Black Friday Year Round
1.62 miles
Lynn Community Health Center
0.04 miles
Lynn Police Department
0.20 miles
Lynn Fire Department
0.34 miles
BayRidge Hospital
0.71 miles
Pine Hill Station
1.20 miles
Swampscott Fire Department
1.28 miles
Tower Hill Fire Station
1.76 miles
Swampscott Police Department
2.06 miles
Revere Fire Department
2.18 miles
Nahant Police Dept
2.84 miles
Listing Summary
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Property Financials 30-32 High St is currently listed for sale at $5,000,000 for a price per square foot of $317.88. Yearly taxes for this property stand at $39376.
The yearly rental income is $480900. The property has an associated capitalization rate of 7%. The last reported annual net operating income (NOI) was $341075.
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Property Details 30-32 High St totals 15,729 square feet of Multi-Family space across 3 floors on a lot spanning 0.15 square feet. The property was initially built in 1890.
There are a total of 18 parking spaces available onsite, with a parking ratio of 1.14 / 1,000 SF.
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Area Characteristics 30-32 High St is located in the Lynn neighborhood.
In terms of ease of commuting, the area has a walk score of 95, indicating that it is perfect for walking.
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