9 Needhams Landing

Lynn, MA 01905

$12,200,000
Price
52
Beds
42
Baths
27,840 Sq. Ft.
$438 / Sq. Ft.
27,840
Sq. Ft.
$438
per Sq. Ft.

Description

One of a kind investment opportunity with 42 waterfront high end units. An easy commute to Boston, close to schools, The Encore Boston Harbor Casino, and the GE plant. These units are beautifully done with bamboo flooring, granite countertops, stainless steel appliances, custom cabinetry, air conditioning, and sliders leading to private balconies overlooking the water. There are a total of 16 Studios, 13 one bedroom, and 13 two Bedroom units with potential for a clubhouse or another 3 bedroom cottage....One of a kind investment opportunity with 42 waterfront high end units. An easy commute to Boston, close to schools, The Encore Boston Harbor Casino, and the GE plant. These units are beautifully done with bamboo flooring, granite countertops, stainless steel appliances, custom cabinetry, air conditioning, and sliders leading to private balconies overlooking the water. There are a total of 16 Studios, 13 one bedroom, and 13 two Bedroom units with potential for a clubhouse or another 3 bedroom cottage. Strong rental history. The building itself has solar that powers the parking lot lighting, building halls, elevator, and complex lights. Plenty of off-street parking in this quiet part of town. Steps away from Little River and close to Nahant beach. These truly are residences for a modern lifestyle. There is a GOVT loan on the property that can be assumed at 3.99% fixed for 28 more years , Non Recourse , aprx bal $6.5mm and assumable as well.
  1. Listed by AJ Pappas • eXp Realty

Property Details for 9 Needhams Landing

Town
Lynn
Area
MA-Lynn
Garage Spaces
0
Parking Spaces
84.00
Parking Spaces Total
84
LISTING UPDATED: 01/01/2025 02:18 PM

Property Details for 9 Needhams Landing

StatusNew
MLS #73322222
Days on Market3
Taxes$127,195 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built2015
CountyEssex County

Building Information for 9 Needhams Landing

Stories4Residences42Year Built2015Building Size-Lot Size0.88 AC / 38,322 SF

Property Information for 9 Needhams Landing

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Park, Medical Facility, Laundromat
  • Living Area: 27840.0
  • SqFt with Basement: No
  • Total Units: 42
  • Waterfront: Yes
  • Water View: Yes
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 42.0
  • Num of Full Baths: 42
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 42.00
  • Bathrooms Total Integer: 42
  • DoorFeatures: Insulated Doors
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Bamboo
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Lot Description: Level
  • Roof Material: Shingle
  • View: Scenic View(s)
  • View: Yes
  • Waterfront Features: Waterfront, Beach Front, River, Ocean, 1 to 2 Mile To Beach
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • UFFI: No
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
Tax Information
  • Assessments: $11,407,600
  • Block: 307
  • Book: 35565
  • Lot: 023
  • Map: 020
  • Tax Year: 2023
  • Zoning: R4
Building / Association Information
Living Characteristics
  • Beds Total: 52
  • Total Living Levels: 4
Other Building Characteristics
  • Foundation: Concrete Perimeter
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $.00

Property History for 9 Needhams Landing

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 9 Needhams Landing

This home is within Lynn School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 1 to 5
Public - 6 to 8
Public - 6 to 12
Rating
School
Distance
A Drewicz Elementary School
PublicPK to 5

William R Fallon
Public1 to 5

Breed Middle School
Public6 to 8

Fecteau-Leary Junior/Senior High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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9 Needhams Landing is a multi-family home for sale in Lynn, MA 01905. This property was listed for sale on January 1, 2025 by eXp Realty, it's currently listed at $12,200,000. This listing's school district is Lynn School District. Nearby schools include A Drewicz Elementary School, William R Fallon and Breed Middle School. 9 Needhams Landing is a 52-bed, 42-bath, 27,840 sqft multi-family home built in 2015.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of eXp Realty, AJ Pappas

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.