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Lynn 01901
40 Central Square
$3,400,000
● Land - Off Market

40 Central Square

Lynn, MA 01901
bedrooms
Studio
bathrooms
0 Bath
$4,153,836
RealtyHop Estimate
38.46%
Since May 1, 2020
MA-Boston
Primary Model

About This Property

40 Central Square is a 21,590 square foot transit-oriented development parcel in downtown Lynn, Massachusetts. The site is located in the heart of the city and within an Opportunity Zone, offering compelling tax benefits to investors. Additionally, 40 Central Square is located within Lynn's Central Business District, which has attractive zoning that allows for multifamily development by special permit or office/retail/hospitality by-right. The site is currently comprised of a parking lot and 8,500 square foot office building built in 1930. It is located directly across from the Central Square MBTA Commuter Rail Station, providing access to downtown Boston in just 20 minutes.
Unit Size
-
Days on Market
-
Land Size
0.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
$8
HOA Dues
-
Year Built
-

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Last updated: 6 months ago (MLSPIN #72586072)

Price History

Date / Event Date Event Price
Apr 1, 2020 Sold
Sold
Oct 29, 2019 Listed by Colliers International $3,000,000
Listed by Colliers International

Property Highlights

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 40 Central Square built and last sold?
The property at 40 Central Square was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 40 Central Square is $3,030,000.
What are some comparable homes to 40 Central Square?
There are currently no comparable homes to 40 Central Square.