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54R Nahant St #1 Lynn — Photo 1 of 9

54R Nahant St #1 Lynn — Photo 1 of 9

$579,900

Investment Analysis — 54R Nahant St #1

Lynn, MA 01902 — Diamond District

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01902 carries an estimated $3,080/mo in gross rent — about a 3.64% cap rate and $21,131/yr in estimated NOI at the $579,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,750

Style

Condominium

Built

1839

Single family condo alternative just in time for Christmas and priced to sell. Beautiful single family with 3 bedrooms and full master suite nestled in the heart of Lynn’s esteemed Diamond Historic District, 54R Nahant Street is a rare and distinguished renovated carriage house that sits in the rear of 54 Nahant. The house seamlessly blends into its space with its 19th-century grandeur. This house is renovated with master suite, master bath, walk-in closet and sitting area. Carriage house is move-in ready. House has much to offer and needs the right buyer. House is a legal single-family house and condo alternative offering you dedicated parking and yard space plant, BBQ or garden. Skip the condo fees. Ask us about first time home buyer programs in Lynn. Photos are prior to current tenant's occupancy.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$579,900
Annual Taxes--

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms6
FireplacesNone
Flooring--
BasementY

Climate & Utilities

HeatingNatural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofSlate, Rubber
Foundation--
ZoningR2

Property & Lot

Acres0.13
SqFt Lot5,619
Lot Features--

Neighborhood

Walk/Jog Trails • House of Worship • Public School

Geography

Listing Provided By

Listing Agent: Linda G. Champion

Listing Office: CUE Realty

MLS® Number: 73583018