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190 Washington Street 190 Washington St 6 Unit Apartment Building $2,171,405 CAD ($361,901 CAD/Unit) 6.54% Cap Rate Lynn, MA 01902



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 | Building Class | C |
| Price Per Unit | $361,901 CAD | Lot Size | 0.11 AC |
| Sale Type | Investment | Building Size | 8,050 SF |
| Cap Rate | 6.54% | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1873 |
| Property Subtype | Apartment | ||
| Zoning | R2 | ||
| 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 |
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Very walkable
80/100
Somewhat drivable
30/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | LYNN-000069-000657-000027 | Improvements Assessment | $1,627,796 CAD |
| Land Assessment | $242,508 CAD | Total Assessment | $1,870,304 CAD |
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
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190 Washington Street | 190 Washington St
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