$1,850,000 ($344.63 per sqft)

Est. Mortgage $8,873/mo *

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77-79 Chestnut Street, Lynn, (East Lynn), MA, 01902

77-79 Chestnut Street, Lynn, (East Lynn), MA, 01902
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23 rooms

13 beds

5 Full baths

1900

5,368 sqft

Amazing Investment Opportunity! Completely renovated in 2023, this turnkey five-unit property offers strong income potential and peace of mind for investors. Major improvements include a new roof, new siding, updated electrical systems, five new heating systems, five new water heaters, new windows, and numerous additional upgrades throughout. The property features an attractive unit mix consisting of three spacious three-bedroom apartments and two well-appointed two-bedroom apartments. Additional highlights include off-street parking, de-lead compliance certificates for all units, and low-maintenance ownership with significant capital improvements already completed. A rare opportunity to acquire a fully updated multifamily asset with excellent rental appeal and long-term investment value.

Status:

Active

Town:

Lynn

Type:

Multi-family

Units:

5

Zoning:

R2

Heating:

Natural Gas

Basement:

Full, Interior Entry, Concrete

Levels:

5

Parking:

5-car, Paved Drive, Off Street

Acreage:

0.13

Est. Taxes:

$15,107

Assessment

$1,466,700

Construction

Frame

Amenities:

Public Transportation, Shopping, House of Worship, Private School, Public School

Appliances:

Range, Refrigerator

MLS #:

73535799

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Eugene L. Clements, Clements Realty Group 781-595-9600