$1,580,000
$1,690,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
77-79 Chestnut Street Lynn, MA 01902
13 Beds
5 Baths
5,368 SqFt
Key Details
Sold Price $1,580,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,368 sqft
Price per Sqft $294
MLS Listing ID 73535799
Sold Date 09/25/26
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
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Bought with Joseph Vecchione • Grove Property Group
NEARBY SCHOOLS & BUSINESSES






