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124 Central Ave; Lynn, MA Property Details

124 Central Ave, Lynn, MA is a Mixed Use that was built in 1920. This property is currently a cash purchase and is not for sale. Our records show that 124 Central Ave has 18 bedrooms, and 19.5 bathrooms, and a total of 13,736 square feet. The lot size of 124 Central Ave is 4,108 square feet.

Off market
116 Central Ave #124A Lynn, MA 01901
$5,189,000 Listing Price
18 Beds
19.5 Baths
13,736 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1920
  • Purchase Price: $2,316,681
  • Inv. Liens / Amount: 1 / $26,216
  • APN: LYNN M:068 B:635 L:002
  • Situs County: Essex
  • Length Of Ownership: 8 years, 6 months

Rooms

  • Bedrooms: 18
  • Bathrooms: 19.5
  • Full Bathrooms: 18
  • Total Rooms: 54
  • Partial Bathrooms: 3

Structure

  • Building Style: Frame
  • Stories: 4
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Roof Type: Flat
  • Roof Cover Type: Other

Measurements

  • Total: 13,736/SqFt
  • Lot: 4,108/SqFt
  • Gross: 17,170/SqFt
  • Living: 13,736/SqFt
  • Basement: 3,434/SqFt
  • Building: 13,736/SqFt
  • Basement Unfinished: 3,434/SqFt
  • Price Per Square Foot: $168.66
Building Insights

Land Information

  • Property Type: Mixed Use
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Lynn School District
  • Lat / Lon: 42.464237 / -70.95022
  • Subdivision: Norwood Ave
  • Property Class: Commercial
  • Zoning: CBD
  • County Use Code: 013

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1013
  • Heating: Hot Water

Ownership Info

116 Central Ave #124A has no associated ownership info
116 Central Ave #124A has no associated ownership info.

Taxes

116 Central Ave #124A has 7 associated Taxes items

124 Central Ave, Lynn, MA pays taxes in Essex County, MA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $3,952,300. The APN we've located for 124 Central Ave is LYNN M:068 B:635 L:002.

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Taxes
  • Assessed Value:  $3,952,300
  • Assessed Year:  2025
  • Assessed County:  Essex
  • APN:  LYNN M:068 B:635 L:002
  • Assessed Land Value:  1804000
  • Market Value:  4723495
  • Market Year:  2025

Tax History

116 Central Ave #124A has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $3,952,300 Land Value $1,804,000 Improvement Value $2,148,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $3,952,300 Land Value $1,804,000 Improvement Value $2,148,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $3,265,800 Land Value $1,507,000 Improvement Value $1,758,800 Tax Amount $39,787.94 Change Rate Assessed CR Tax Rate +0.012183%
Year 2022 Assessed Value $2,602,000 Land Value $1,254,000 Improvement Value $1,348,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $2,461,500 Land Value $1,144,000 Improvement Value $1,317,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $2,341,200 Land Value $1,100,000 Improvement Value $1,241,200 Tax Amount $36,842.14 Change Rate +0.163183% Assessed CR Tax Rate +0.015736%
Year 2019 Assessed Value $2,015,400 Land Value $1,003,200 Improvement Value $1,012,200 Tax Amount $31,673.55 Change Rate +0.130623% Assessed CR Tax Rate +0.015716%
Year 2018 Assessed Value $1,633,500 Land Value $836,000 Improvement Value $797,500 Tax Amount $28,014.25 Change Rate Assessed CR Tax Rate +0.01715%
Year 2017 Assessed Value $1,441,200 Land Value $726,000 Improvement Value $715,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $1,375,200 Land Value $660,000 Improvement Value $715,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $1,059,300 Land Value $440,000 Improvement Value $619,300 Tax Amount Change Rate Assessed CR Tax Rate