Active Under Contract
50 Days on market
21 Margin St #27 Lynn — Photo 1 of 29

21 Margin St #27 Lynn — Photo 1 of 29

Recent Drop: $14,000

$329,000
$315,000

$315,000

Investment Analysis — 21 Margin St #27

Lynn, MA 01905

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01905 carries an estimated $2,560/mo in gross rent — about a 4.56% cap rate and $14,373/yr in estimated NOI at the $315,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2

SqFt

876

Style

Condominium

Built

1987

This move-in ready 2-bedroom, 2-bath condominium offers views of the Saugus River. Freshly painted & professionally cleaned carpeting, this unit features a spacious floor plan designed for comfortable living. Kitchen offers abundant cabinet storage & overlooks dining & living areas, creating functional space for daily living & entertaining. Sliding glass doors from both living room & primary bedroom lead to private balcony where you can relax and enjoy the beautiful river views. The generous primary suite offers ample closet space and a private bath, while the second full bathroom is conveniently located off the hallway. Additional highlights include in-unit laundry, deeded parking for 1 car, & guest parking. Enjoy access to clubhouse & outdoor pool. Conveniently located near MBTA bus at intersection of Margin St & Summer St & approximately 1 mile from River Works commuter rail station. Boston is only about 12 miles away & moments away from shopping, dining, entertainment, hiking & more. Unit offers great combination of comfort & convenience.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Immersive Experience

Property Details

Financials

Original Price$329,000
Annual Taxes$3,418
HOA Fee$463

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms4
FireplacesNone
FlooringTile, Carpet
BasementN

Climate & Utilities

HeatingHeat Pump, Electric
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Brick
RoofRubber
Foundation--
ZoningLI

Property & Lot

Acres1.12
SqFt Lot48,896
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenMaster BedroomBedroom 2Bathroom 1Bathroom 2
Living Room
Lvl First

19.583333333 x 12.166666666

Flooring - Wall to Wall Carpet, Balcony - Exterior, Open Floorplan, Slider

Dining Room
Lvl First

19.583333333 x 12.166666666

Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Open Floorplan, Lighting - Overhead

Kitchen
Lvl First

8.583333333 x 12.083333333

Flooring - Stone/Ceramic Tile, Countertops - Paper Based, Open Floorplan, Lighting - Overhead

Master Bedroom
Lvl First

14.083333333 x 11.666666666

Bathroom - Full, Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Slider

Bedroom 2
Lvl First

10.166666666 x 16.833333333

Bathroom 1
Lvl First

6.666666666 x 7.5

Bathroom - Full, Bathroom - With Tub & Shower, Closet, Flooring - Stone/Ceramic Tile, Lighting - Sconce

Bathroom 2
Lvl First

4.833333333 x 7.583333333

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Sconce

Property History

Price Drop
$315,000

Was $329,000

Aug 19, 2026

MLS® 73554555

Listed
$329,000

Jul 24, 2026

MLS® 73554555

Listing Provided By

Listing Agent: Peter Rooney

Listing Office: Compass

MLS® Number: 73554555