Apartment Acquisitions · Lynn
Sell Your Commercial Property In Lynn, MA
We are an active buyer of Lynn commercial rental properties with five or more units, whether the building is fully leased, half vacant, or overdue for renovation.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Neighborhoods & Nearby Towns: Downtown Lynn · West Lynn · Wyoma · Diamond District — Essex County, MA
Market Snapshot
Renter Demand In Lynn
Lynn, Massachusetts, in Essex County, is a renter-heavy North Shore city of 101,709 residents, with median gross rent of $1,722. ACS 2020-2024 shows 51.9% of Lynn households rent, and 28.3% of homes sit in buildings with five or more units.
Owners who sell commercial property in Lynn, MA face a FY2026 residential tax rate of $10.30 per $1,000 and a $4.56 per $1,000 deed excise at closing. This profile gathers Lynn's Census, HUD, assessor and statute figures for owners of 5+ unit buildings.
Majority-renter base
ACS 2020-2024 counts 18,892 renter households in Lynn, 51.9% of 36,414 occupied homes, with 2.6% rental vacancy.Transit commuters
8.7% of Lynn workers commute by public transit, against 6.5% across Massachusetts (ACS 2020-2024, table B08301).Lower entry prices
Lynn's median home value is $510,100 against $562,100 statewide, 9.3% lower (ACS 2020-2024, table B25077).Our Buy Box
What We Buy In Lynn
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Lynn Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Lynn
Lynn renters make up 51.9% of households, or 18,892 of 36,414 occupied homes (ACS 2020-2024). Buildings with 5 or more units hold 10,728 of Lynn's 37,960 homes, a 28.3% share. Lynn's housing is old: 78.1% of homes were built before 1980.
Rental vacancy in Lynn is 2.6%. That renter base gives owners who sell multifamily property in Lynn a deep pool of tenants for buyers to underwrite.
Rents and affordability
Lynn's median gross rent is $1,722, against $1,762 for Massachusetts (ACS 2020-2024). Among Lynn renters, 56.1% pay 30% or more of income on rent.
Lynn falls inside HUD's Boston-Cambridge-Quincy metro fair market rent area. Owners who sell commercial real estate in Lynn, MA see these HUD FY2027 FMR figures in buyer underwriting.
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $2,440 |
| One-bedroom | $2,518 |
| Two-bedroom | $3,008 |
| Three-bedroom | $3,584 |
| Four-bedroom | $3,953 |
Property taxes in Essex County: Lynn
Lynn's FY2026 tax rate is $10.30 per $1,000 residential and $19.64 per $1,000 commercial, industrial and personal property. Under M.G.L. c. 59, s. 2A, class one residential covers any property with one or more dwelling units, so a 5+ unit building takes the residential rate.
On a $2,000,000 assessed value, Lynn's tax is $2,000,000 / 1,000 x $10.30 = $20,600 a year. An owner contesting a bill applies to the assessors by the first-installment due date, per M.G.L. c. 59, s. 59.
Massachusetts charges a deeds excise of $4.56 per $1,000 of price, or $2.28 per $500, levied under M.G.L. c. 64D, s. 1. An owner ready to sell commercial property in Lynn, MA at $2,000,000 faces $2,000,000 / 1,000 x $4.56 = $9,120 in excise.
Landlord rules in Lynn
Massachusetts caps a security deposit at one month's rent and requires its return within 30 days after the tenancy ends (M.G.L. c. 186, s. 15B). Nonpayment of rent allows a 14-day written notice to quit under section 11 for leases and section 12 for tenancies at will.
Lynn's rental ordinance requires yearly registration, at $25 initially and $15 per unit on renewal. It also requires an inspection every five years at $100 per unit, and sets a $300 daily fine for unregistered rentals.
What this means for a Lynn owner
A 5+ unit building in Lynn is taxed at $10.30 per $1,000, or $20,600 on $2,000,000 of assessed value. Buyers will also price Lynn's 78.1% pre-1980 housing stock.
Skyline Capital Investments buys 5+ unit apartment buildings. Owners who sell commercial property in Lynn, MA can model offers with the cap rate calculator, or learn how to sell your apartment building in Lynn with us.
Good To Know
Pricing Your Building In Lynn
More about selling in Massachusetts →Investing in Lynn? See apartment syndications in Lynn →
- Lynn requires yearly rental registration and a unit inspection every five years under its rental ordinance.
- Owners who sell commercial real estate in Lynn, MA pay a $4.56 per $1,000 Massachusetts deed excise.
- Pre-1980 homes are 78.1% of Lynn's stock, so buyers underwrite capital repairs.
Seller Guides
Selling A Building In Lynn
Learn More
Taxes & Rules For Lynn Property
The Massachusetts rules that shape any deal in Lynn: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Lynn Seller FAQ
How much is the deed excise if I sell commercial property in Lynn, MA?
Massachusetts charges $4.56 per $1,000 of sale price, or $2.28 per $500, listed on the mass.gov tax rates page and levied under M.G.L. c. 64D, s. 1. On a $2,000,000 Lynn sale, that is $9,120 in deeds excise.
What tax rate applies to a 5+ unit building in Lynn?
Lynn's FY2026 residential rate is $10.30 per $1,000, and its commercial rate is $19.64. M.G.L. c. 59, s. 2A places any property with dwelling units in class one residential, so $2,000,000 of assessed value yields $20,600 a year.
What should I know before I sell commercial real estate in Lynn, MA?
Lynn requires yearly rental registration and an inspection every five years. Its housing is old, with 78.1% of homes built before 1980 (ACS 2020-2024), so buyers weigh repair costs alongside Lynn's 51.9% renter share and its 2.6% rental vacancy.
What are renters paying in Lynn?
Lynn's median gross rent is $1,722 (ACS 2020-2024), and HUD's FY2027 two-bedroom fair market rent for its metro area is $3,008. Those two figures anchor buyer underwriting when selling commercial property in Lynn, MA, alongside the 56.1% of renters paying 30% or more of income.
What notice does a Lynn landlord give for unpaid rent?
Massachusetts allows a 14-day written notice to quit for nonpayment of rent, under M.G.L. c. 186, sections 11 and 12. Landlords may hold security deposits capped at one month's rent and returned within 30 days after the tenancy ends.
What if my Lynn building has vacancies or deferred maintenance?
That is often where we add the most value. We buy buildings that need renovation, new management, or lease-up, and we account for that in our offer.
How does a sale to you work in Essex County?
Send the address, unit count, and any financials. We give feedback, then a written letter of intent if it fits, followed by diligence and a closing date that works for you.
Is it possible to sell rental property in Lynn without evicting tenants?
It is. We buy apartment buildings occupied, and tenants stay on their current leases. Skyline Capital Investments is a commercial real estate buyer of 5+ unit buildings, so occupied properties are the norm for us.
Do I need a broker to sell my apartment building in Lynn?
No. You can work with us directly, or your broker can bring the deal to us. Either way, conversations stay confidential.
Submit A Deal
Get An Offer Review In Lynn
A few details are enough to start. We respond to every Lynn submission, including off-market and pocket listings.
