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77-79 Chestnut St, Lynn, MA

Lynn · MA 01902

$1,580,000
Price
13
Beds
5
Baths
5368
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 5 Units
Lot size: 5,767 Sq.Ft Lot
Price per square foot: $315 / Sq.Ft
Parking: 5 Off Street Spaces

About this home

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.

Neighborhood & Transit

East Lynn

77-79 Chestnut St, Lynn · MA 01902

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Lynn Interim Commuter Rail 1 route 0.31 mi
    • Newburyport/Rockport Line

Price Insight

Days on Market:
138 days
Listing Price:
$1,690,000
Price per Sq.Ft:
$315
Tax Assessment:
$1,466,700 in 2025
Taxes:
$1,259 / Monthly

Home Facts

Interior Features

Bedrooms
13
Full Bathrooms
5
Half Bathrooms
0
Living Area
5,368 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
5368
Flooring
Unknown
Lead paint
Certified Treated

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
5,767 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
5 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Eugene Clements
Listing office
Clements Realty Group
MLS PIN #
73535799
Disclosure
This house was renovated in 2023.