50 South Common St #403 Lynn — Photo 1 of 27
$359,900
Investment Analysis — 50 South Common St #403
Lynn, MA 01902
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01902 carries an estimated $2,560/mo in gross rent — about a 4.52% cap rate and $16,281/yr in estimated NOI at the $359,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,035
Style
Condominium
Built
1988
The residence at 50 South Common St in Lynn, presents an exceptional opportunity for refined condominium living. Within its 1035 square feet of thoughtfully designed living space, this condominium features two well-proportioned bedrooms, & two baths. Master bedroom is en-suite with private bathroom, walk in closet, & sliders out to the balcony. Kitchen has a breakfast bar, dishwasher, fridge, & stainless-steel stove. Open concept to the dining & living room with freshly painted walls & carpet throughout. In unit laundry has stackable washer, & dryer. One deeded parking space number 41. Coin operated laundry room in basement. Corner unit is on the fourth floor of a five-story residence. Unit comes with a storage unit in the basement. #403. Central air, new split heat pump installed, new HVAC System & new roof. Low condo fees. Close to shopping, restaurants, beaches, ferry, train station, airport, Boston, & commuter rail purple line.
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 MLS and other third-party data may be inaccurate or out of date.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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCeiling Fan(s), Flooring - Wall to Wall Carpet, Balcony / Deck, Open Floorplan
Dining Room
Lvl FirstFlooring - Wall to Wall Carpet, Balcony / Deck, Open Floorplan
Kitchen
Lvl FirstBreakfast Bar / Nook, Dryer Hookup - Electric, Open Floorplan, Stainless Steel Appliances, Washer Hookup
Master Bedroom
Lvl FirstBathroom - 3/4, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Slider
Bedroom 2
Lvl FirstBathroom 1
Lvl FirstBathroom - With Tub & Shower, Flooring - Vinyl
Bathroom 2
Lvl FirstBathroom - 3/4, Flooring - Vinyl
Property History
$359,900
Jul 9, 2026
MLS® 73547670
$2,400
Mar 24, 2026
MLS® 73477763
$2,400
Feb 16, 2026
MLS® 73477763
Listing Agent: Melissa Jeffery
Listing Office: Toner Real Estate, LLC
MLS® Number: 73547670
