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Investment Highlights

  • Access & Connectivity
  • Upside Potential with Rent Growth
  • Strong Rental Demographics & Demand
  • Area Amenities & Demand Drivers
  • Off-Street Parking & Amenities
  • Quality of Life Amenities

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 190 Washington Street in Lynn, MA (the “Property”). The three-story building contains six (6) 2-Bedroom/1-Bathroom units with 6,015 square feet of gross living area in 8,050 square feet of gross area. The Property is situated upon a 0.11-acre parcel and features five (5) off-street parking spaces. 190 Washington Street is well-positioned in downtown Lynn, offering strong access to the city’s central business district, neighborhood retail corridors, and surrounding residential neighborhoods. The property benefits from convenient connectivity to major regional routes including Interstate 95 and Route 1A, as well as proximity to the Lynn MBTA Commuter Rail Station, providing efficient transit access to Boston and the broader North Shore region.

Property Facts

Price $2,171,405 CAD
Price Per Unit $361,901 CAD
Sale Type Investment
Cap Rate 6.54%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.11 AC
Building Size 8,050 SF
Average Occupancy 100%
No. Stories 3
Year Built 1873
Zoning R2
Very walkable
80/100
Somewhat drivable
30/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
LYNN-000069-000657-000027
Land Assessment
$242,508 CAD
Improvements Assessment
$1,627,796 CAD
Total Assessment
$1,870,304 CAD
  • Listing ID: 40142249

  • Date on Market: 2026-04-14

  • Last Updated:

  • Address: 190 Washington St, Lynn, MA 01902

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