77-79 Chestnut Street, Lynn, MA 01902
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Amanda Butler

Amanda Butler

+1(603) 247-5830
$ 1,850,000
Est. payment /mo
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77-79 Chestnut Street Lynn, MA 01902

13 Beds

5 Baths

5,368 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,368 sqft

Price per Sqft $344

MLS Listing ID 73535799

Bedrooms 13

Full Baths 5

Year Built 1900

Annual Tax Amount $15,107

Tax Year 2025

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type 5-9 Family

Property Description

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.

Location

State MA

County Essex

Area East Lynn

Zoning R2

Direction Essex Street to Chestnut Street

Rooms

Basement Full, Interior Entry, Concrete

Interior

Interior Features Living Room, Kitchen

Heating Natural Gas

Appliance Range, Refrigerator

Exterior

Exterior Feature Rain Gutters

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

Waterfront Description Ocean,3/10 to 1/2 Mile To Beach,Beach Ownership(Public)

Roof Type Shingle

Total Parking Spaces 5

Garage No

Building

Story 5

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Clements Realty Group
Amanda Butler

Amanda Butler

Broker Associate

+1(603) 247-5830

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77-79 Chestnut Street