boston condos and boston real estate


boston real estate blog    boston real estate blog
Boston real estate. Boston condos.




Lynn is nice

All about Lynn.

There’s a lot going on in Lynn. If you’re not from Massachusetts, you might not have ever heard of Lynn. It used to be quite a popular city, I think mostly manufacturing and mill work. General Electric was big there, and still is, to a certain extent. The downtown, however, is like "no-man’s land". Just barren, empty of people. Not unsafe, necessarily, more like someone came in and stole all the people away.

The buildings in the Central Square area are mostly from the 1890s, etc., and seem to be in good shape.

A couple of years ago, developers started getting interested in the downtown area, seeing it as ripe for a revival. The downtown is right next to (and I mean, right next to) a commuter rail station that goes to North Station, in downtown Boston, in about 17 minutes, so it’s a great location for commuters/residents. Plus, it’s an easy commute by car, down 1A, right through the new $15 billion Big Dig / Ted Williams Tunnel.

I grew up in Topsfield, near Lynn, and my parents were from Peabody, right next to Lynn. They didn’t have a very positive opinion of Lynn, having seen the area fall into disrepair over the years. I didn’t have a very positive opinion, because everytime I went through there all I saw was huge parking garages, and nothing else.

But, I visited up there a couple years ago, and could see that something was about to happen. And, now, it has, to a certain extent.

There are at least a half-dozen projects going on where developers have bought old buildings and are breaking them up into condominiums. They call them "lofts" but in most cases they are just regular apartment-styled homes. A couple have exposed brick and beam, but the majority have been completely fitted out (one agent told me the city requires all brick to be covered over, which is too bad, aesthetically).

Price per square foot up there is maybe $250 - $280, whereas South Boston is about $450, the South End is $500 - $600, and Back Bay is probably around $700. So, you get a lot more for your money.

Quality of life leaves a bit to be desired. Because so few people live in the downtown, there’s no nightlife. The taco place closes at 9:00 PM; beyond that, I haven’t seen any type of retail. You can walk to a Shaws supermarket, if that counts (and it doesn’t).

However, a high-end steakhouse is going in on Oxford Street (which seems a little weird), and each of the new developments has retail / commercial space on the first floor, which means there is the potential for new businesses to move in. Oh, and there’s this great Vietnamese restaurant on Monroe. Plus a little cafe is going in on the first floor of the Keith building (no relation) in Central Square.

So, things are happening in Lynn.


Share and save:

  • Digg
  • del.icio.us
  • Facebook
  • Technorati
  • StumbleUpon

Read other posts about: general real estate stories

1 Star2 Stars3 Stars4 Stars5 Stars (Click to rate!)
Loading ... Loading ...

Leave a Reply »»

Comments may be moderated, edited or deleted; by leaving a comment, you are agreeing to the Terms of Service of this website.

Receive auto-emails of new comments without commenting.


Boston Real Estate/Boston Condos -
Search MLS

Select property type:
Select area:
Select property size:
Price from:
Price to:
MLS #


Helpful Information


Categories


Search past blog entries





Site tools


Add To Google      Subscribe To FeedBurner

Add To My Yahoo!

| | | |






Welcome

Are you considering the purchase or sale of a home in Boston?

Contact us today to discuss ways we can help make the experience easy and stress-free.






Real Estate Flyers


Home Security


Ford Realty Inc - Boston
Boston condos


Denver Real Estate

Household Moving Companies

Boston Real Estate


Recent comments

  • Bradley, Beacon Hill Condo Developer: My prediction: With O & H at the helm, they’ll be sold by March…. May at the latest. I would conservatively guess at least...
  • Jen, Did you refinance your Mortgage?: I refinanced my mortgage last month. It was a 30 yr fixed to another 30 yr fixed at a lower rate. The process took a little less than 3...
  • John Ford, Economist made a mistake?: Confused, how does that syaing go “to err is human to forgive devine.”
  • confused, Economist made a mistake?: Gee, you think he’ll give the money back to all the people who bought his book…or better yet all who bought at the top who...
  • john Ford, Did you refinance your Mortgage?: Mark, thanks for your insights. Keep me posted if you see any trends in the mortgage market place.
  • Mark, Did you refinance your Mortgage?: Hi JohnF, I am a mortgage broker in Stoneham and I can say that most lenders are backed up big time! Some of the lenders that I work with...
  • BS, Back Bay Parking : My place wants between $40k-$45K in covered attached sub-garage. At 30K I would do it just to add value to the apt on resale.
  • Hrmm!, Back Bay Parking : not that much when you realize a resident sticker costs you nothing but a short walk for your fat ass.
  • JFord, Boston condo listing: I can’t say either way. Please note, it wasn’t me that said it was the largest in the city it was the listing broker.
  • Anon, Boston condo listing: 15×30 is a nicely sized roof deck, but it is hardly the largest in Boston.