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589 Essex St #405

Lynn, MA 01901
$454,900
2 Beds
1 Bath
1,157 Living Area
  • Property Description
    Sophisticated penthouse loft in the iconic and architecturally striking Sloan Machinery Building, showcasing soaring 12’ beamed ceilings, dramatic 6-ft industrial-style windows, exposed brick walls, and exclusive deeded roof rights directly above the unit. Legally a 2-bedroom, this residence is currently configured as an expansive 1-bedroom, offering a flexible and airy open-concept layout. Interior highlights include rich hardwood flooring, a skylit kitchen with granite countertops and stainless steel appliances, two thoughtfully designed custom PAX walk-in closets, in-unit washer/dryer, a high-efficiency Bosch Combi boiler, and an updated AC system. Includes deeded heated garage parking. This professionally managed, pet-friendly, FHA-approved elevator building features secure ButterflyMX video intercom access. Ideally situated just 0.5 miles from the commuter rail and moments from Lynn’s vibrant restaurants, beaches, shops, and cultural venues—with convenient access to Boston!
  • Highlights
    • Cooling: Central Air
    • HOA Fee: $440
    • Property Type: Condominium
    • Total Rooms: 3
    • Year Built: 1823
    • Heating: Forced Air, Natural Gas
    • Property Class: Residential
    • Stories: 1
    • Unit Number: 405
    • Status: Active
  • Additional Details
    • Appliances: Range, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer
    • Construction: Brick
    • Flooring: Wood
    • Roof: Rubber
    • Total Number of Units: 32
    • Year Built Source: Public Records
    • Zoning: Cbd
    • Basement: N
    • Exterior Features: Deck - Roof + Access Rights
    • Pets Allowed: Yes
    • SqFt Source: Public Record
    • Year Built Details: Approximate
    • Year Converted: 2005
  • Amenities
    • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, T-Station, Other
    • Parking Features: Under, Heated Garage, Deeded, Off Street
    • Waterfront Features: 1/2 to 1 Mile To Beach, Beach Ownership(Public)
    • Covered Parking Spaces: 1
    • Security Features: Intercom
  • Utilities
    • Electric: 100 Amp Service
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $439,700
    • Compensation Based On: Net Sale Price
    • HOA Fee Includes: Water, Sewer, Insurance, Security, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
    • Taxes: $4,555
    • Buyer Agent Compensation: 1.5%
    • HOA Fee Frequency: Monthly
    • Tax Year: 2025

Location

589 Essex St #405, Lynn, MA 01901

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Content © 2025 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Amicone & Associates. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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