$1,600,000
 $8,589 est/mo Sourced by Back At You

28 Linwood Rd , Lynn, MA 01905

Lynn, MA 01905

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Description

Spacious 10,000 square property, formerly a nursing home, offers a range of possibilities for a variety of redevelopment opportunities. Situated in a desirable area with R2 zoning, the property provides flexibility for residential, multi-family, or other mixed-use developments. Key features & recent improvements: 12 individual bedrooms, common areas, and multiple bathrooms, full sprinkler system, natural gas generator, redone in 2024, ensuring reliable backup power for the majority of the facility, elevator service & upgrade 2024, 2 yr old rubber roof on the addition & more. Zoning allows for a variety of uses, including residential, multi-family, and certain commercial endeavors. Ideal for redevelopment, assisted living facilities, medical offices, non profits or community-oriented businesses. Whether you are looking to repurpose the building for healthcare, housing, or other uses - there is tremendous potential.

Details

MLS#73325061
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1900
Days On Site33
Listing Provided ByEXIT Premier Real Estate | Team Sonia Rollins & Associates

Features

Bed(s)12
SQ Feet10,000
Story(s)3
Units3
ZoningR2
Acreage0.20

Market Activity 01905

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Learn More About This Property

StateMA
CountyEssex
CityLynn
Zip Code01905
AreaEssex
Listing VS Median (in 01905)
Price:
$1,600,000
low | high
Med:
$409,950
100% of Average
SqFt:
10,000
low | high
Med:
1,004
100% of Average
$ / SqFt:
$160
low | high
Med:
$410
100% of Average
On Site:
33
low | high
Med:
88.500000
37.28813559322% of Average
Sourced by Back At You
Listing Updated: February 12, 2025 at 3:36:51 AM PST