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About this property
39 Newhall (20 Units) and 8 Suffolk (3 Units) contain a total of twenty-three (23) units on one parcel of land, consisting of eight (8), 2-Bedroom/1-Bathroom units, twelve (12) 1-Bedroom/1-Bathroom units and three (3) 2-Room Studio units. Each unit is separately metered for electricity and gas-fired head, which the tenants pay directly. Hot water is the responsibility of the tenants in the 8 Suffolk units and the landlord in the 39 Newhall units. The landlord is responsible for common area electric and domestic water and sewer. In-place leases are significantly below market rates; the opportunity exists to upgrade the unrenovated unit interiors to drive rental rates in an urban-infill, high demand/supply-constrained residential market.
Property details
| Units | 23 |
| Living area | 16,052 sqft |
| Lot size | 6,098 sqft |
| Year built | 1910 |
| Price / sqft | $274 |
| County | Essex |
| MLS # | 73340893 |
Location
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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 39 Newhall St, Lynn MA 01902 have?
It is a 23-unit multi-family property with 16,052 sqft of living area, built in 1910.
What is the price per unit?
At a list price of $4,550,000 across 23 units, that works out to roughly $197,826 per unit.
What is the price per square foot?
At $4,550,000 for 16,052 sqft, that's about $274 per square foot.
Where is this property located?
39 Newhall St, Lynn MA 01902 is in Lynn, Essex County, MA 01902.
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