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Off market
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    • $1,920,100

    551 Summer St, Lynn, MA 01905

    18beds
    7baths
    13,000sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $1,920,100 Zestimate®
    $148/sqft
    $2,082 Estimated rent

    Home value

    $1,920,100

    $1.57M - $2.34M

    $2,082/mo

    Zestimate® history
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    Rent Zestimate®

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    $12,038/mo

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    What's special

    Mixed use residential. 6 three-bedrooms and 2 retail spaces. 100% occupancy. $10k/ plus month cash flow. TAW & leases. Rent roll furnished upon written offer with proforma. Visible and highly accessible location. All separate utilities. New heating, porches, fire alarms, etc. Large private parking lot; assigned or open parking, up to 12 cars. *** See showing instructions for access ***

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 18
    • Bathrooms: 7
    Heating
    • Other, Gas
    Features
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 13,000 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 0.25 Acres
    Details
    • Parcel number: LYNNM037B279L029

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Conventional
    Materials
    • Frame
    • Roof: Built-up
    Condition
    • Year built: 1900

    Community & neighborhood

    Location
    • Region: Lynn

    Price history

    DateEventPrice
    8/2/2012Listing removed$744,900$57/sqft
    Source: Realty Ventures, Inc. #71366662 Report a problem
    5/16/2012Price change$744,900+0.8%$57/sqft
    Source: Realty Ventures, Inc. #71366662 Report a problem
    5/15/2012Price change$739,000-1.5%$57/sqft
    Source: Realty Ventures, Inc. #71366662 Report a problem
    4/13/2012Listed for sale$749,900+61.3%$58/sqft
    Source: Realty Ventures, Inc. #71366662 Report a problem
    10/29/2010Sold$465,000-46.6%$36/sqft
    Source: Public Record Report a problem
    3/24/2005Sold$870,000+190%$67/sqft
    Source: Public Record Report a problem
    12/14/1998Sold$300,000+66.7%$23/sqft
    Source: Public Record Report a problem
    11/19/1997Sold$180,000$14/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $1,829,900 -5.7%
    2024-- $1,941,000 +21.2%
    2023-- $1,601,900
    2022-- $1,601,900 +18.8%
    2021-- $1,347,900 -6.3%
    2020-- $1,438,700 +24.3%
    2019-- $1,157,100 +16.9%
    2018$13,988 $989,800 +2.7%
    2017$13,988 $963,900 +16.5%
    2016$13,988 $827,600 +20.7%
    2015$13,988 $685,500 +17.5%
    2011-- $583,600 -11.3%
    2010-- $658,300 -12.1%
    2009-- $748,800 -4.9%
    2008-- $787,000 -8.1%
    2007-- $856,600 +23.6%
    2006-- $693,200 +6.4%
    2005-- $651,800 +12.3%
    2004-- $580,500 +29.1%
    2003$5,938 +12.4%$449,500 +40%
    2001$5,284 $321,000 +46.2%
    1999-- $219,500 -28.8%
    1995$5,170 $308,500

    Find assessor info on the county website

    Neighborhood: 01905

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    Estimated market value
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