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62 Nahant St. located in Lynn's Diamond District is a licensed rooming/lodging house with an active license for 12 SRO. This license could be expanded to 16 SRO through the proper channels. 62 Nahant St. is located on a visible corner lot with off-street parking with close proximity to the beach, downtown and major public transportation. The building is good condition and would be ideal for a non-profit organization to purchase and modify the building for transitional housing programs. The building has a large dry basement which allows for ample storage of tenant or owner property and the garage could be utilized for additional storage. Recent improvement to the building includes a new spiral staircase for egress from the 2nd and 3rd floor. The tenants are all TAW and pay weekly or monthly depending on their in place agreements with ownership. Ownership is willing to seller finance the sale of the property. Terms to be negotiated.

More Info

Basic Information

  • Gross Income $116,436
  • Mls StatusNew
  • Parcel Number 2002110

Building

  • Building Area Units Square Feet
  • Utilities Public Water, Public Sewer
  • Year Built1893

Property Information

  • Living Area 6,044
  • Lot Size Square Feet 6,952
  • Lot Size Units Acres
  • Square Feet6,044

Tax Information

  • Tax Year 2025
  • Taxes$11,844

Location

  • Address62 Nahant Street
  • Building Number62
  • CountyEssex
  • NeighborhoodDiamond District
  • StateMA
  • StreetNahant Street
  • SubdivisionDiamond District
  • TownLynn
  • Zip01901

Other

  • Date Listed07/16/2026
  • Farm Land Area Units Square Feet

Rooms

  • Bathroom4

Basic Information

  • List Price$1,300,000
  • MLS Number73550879
  • Modification Date07/16/2026

Property

  • Acreage0.16

Exterior

  • RoofRubber

Amenities

  • Other AmenitiesBasement

Map Location

Listed by Jacob VanMeter of The Drumlin Group Inc.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN 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.

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