
7 Central Sq #203 Lynn — Photo 1 of 13
$309,900
Investment Analysis — 7 Central Sq #203
Lynn, MA 01901
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01901 carries an estimated $2,160/mo in gross rent — about a 3.14% cap rate and $9,720/yr in estimated NOI at the $309,900 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
855
Style
Condominium
Built
1903
Oversized 1-bedroom loft-style condo in the heart of Downtown Lynn. Located on the 2nd floor, this spacious unit features high ceilings and six tall windows that fill the home with natural light and offer vibrant city views of trees and the park. The open layout allows for easy conversion of the living area into a second room or office. Laundry room is directly across the unit door. Positioned above a coffee shop, grocery stores, pizza restaurant, and nail hair salon. Across from a lively park with seasonal events and a neighboring museum. Art galleries and live theater are just steps away. Walking distance to markets, commuter rail station (2 stops to Boston), Lynn Ferry terminal, and Seaport Landing Marina. Minutes to North Shore Community College, Community Health Center, beach park with fishing pier, Lynn Beach, and indoor garage parking. Lynn is undergoing $150 million in city improvements to enhance waterfront access, walkability, and downtown appeal.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails
Geography
Property History
$309,900
Was $298,900
Apr 8, 2026
MLS® 73461140
$298,900
Dec 9, 2025
MLS® 73461140
$299,900
Sep 29, 2025
MLS® 73397067
$299,900
Jun 26, 2025
MLS® 73397067
Listing Agent: Lisa Berry
Listing Office: Simply Sell Realty
MLS® Number: 73461140








