Active
121 N Common
Lynn, MA 01902
Residential Income · Active · MLS #73563712
Listing Courtesy of Atlantic Coast Homes,Inc | Dan Bernal
MLS PIN data
About this home
Large multi family/ rooming house in a prime location. 14 Bedrooms, 3 full bathrooms, 3 + half bathrooms and other large living areas including kitchen with updated cabinets and granite counters, hardwood floors. Recent updates and paint on top floor and some bathrooms. This is either a rooming house/micro units with big potential for value add or a re-development windfall at nearly 6000 sqft which could easily accommodate 6 new condos at 750sqft each with 1 car parking per unit. Elevator & sprinkler building which enhances it's development appeal. Finished lower level space adds potential for daylight walk out at garden level. High ceilings and original woodwork and character great for conversion, easy access to Western Ave, Nahant, Lynn and Revere waterfronts, walking distance to Commuter Rail, Market Basket as well as the booming Downtown Lynn district. This is an ideal next project. Contact listing agent for access.
Plan your purchase
Estimated monthly cost
Explore costs at the $999,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$5,732 / monthAdjust
- Principal & interest
- $5,051
- Property tax
- $681
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $8,166. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Property information
Details at a glance
Interior
- Rooms
- 16
- Flooring
- Vinyl, Hardwood
Building
- Style
- 5+ Family - Rooming House
- Year built
- 1890
- Parking
- 6
- Foundation
- Stone, Granite
- Roof
- Slate
Land & utilities
- Lot size
- 0.12 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- B3
Financial
- Annual taxes
- $8,166
- Assessment year
- 2025
Listing history
Price and status timeline
- Ter
$999,000 · Mar 22, 2026
- Exp
$1,179,000 · Aug 25, 2025
Property value estimate
An informed starting point
Automated estimates are not appraisals or guarantees of market value.
Comparable sales
Recent properties for context
Recent comparable sales are not available for this property.
Photo insights
Condition signals
Generated from listing photography; not a substitute for an inspection.
Local market context
How this home compares in Lynn
Active city listing statistics from MLS PIN as of September 7, 2026. Asking prices are not completed-sale values.
Keep exploring
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Common questions
About 121 N Common
Can I schedule a private showing?
Yes. Request a tour of 121 N Common and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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