Off Market
505-509 Chatham St, Lynn, MA
Lynn · MA 01902
- $3,200,000
- Price
- 22
- Beds
- 12
- Baths
- 13810
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1910
Units:
12 Units
Lot size:
0.32 Acre Lot
Price per square foot:
$232 / Sq.Ft
Parking:
12 Off Street Spaces
About this home
505 Chatham Street, Lynn, MA is a solid investment opportunity featuring a 12-unit brick building on a large lot with 12 parking spaces. The apartments consist mostly of spacious 2-bedroom units, with a couple of 1-bedroom units, all fully deleaded. Many windows have been recently replaced, and the property includes coin-operated laundry in the basement, adding extra income potential. This well-maintained property offers strong rental income and excellent cash flow, making it a standout in Lynn's rental market.
Neighborhood & Transit
505-509 Chatham St, Lynn · MA 01902
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 690 days
- Listing Price:
- $3,200,000
- Price per Sq.Ft:
- $232
- Tax Assessment:
- $279,670 in 2024
- Taxes:
- $2,515 / Monthly
Home Facts
Interior Features
- Bedrooms
- 22
- Full Bathrooms
- 12
- Half Bathrooms
- 0
- Living Area
- 13,810 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 13810
- Flooring
- Unknown
- Lead paint
- Yes
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 13,759 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 12 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Oleg Elisev
- Listing office
- Greenville Real Estate Group, Inc.
- MLS PIN #
- 73319791