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431-433 Chatham St

East Lynn, Lynn, MA 01902
$1,160,000
4 Beds
2/2 Baths
3,442 Living Area
  • Property Description
    Exceptional fully renovated four-unit mixed-use property in the heart of East Lynn, offering strong income, flexibility, and owner-user potential. The building features two street-level commercial spaces and two updated residential apartments. Each commercial unit includes a private restroom and dedicated basement storage, ideal for retail, office, salon, or service businesses. The residential component consists of a spacious 2-bedroom, 1-bath apartment with an open-concept layout and large private deck, delivered vacant, plus a 1-bedroom, 1-bath apartment with a private deck currently occupied by a tenant-at-will paying $2,450/month and willing to renew. The smaller commercial unit is leased at $1,800/month on a 3-year term with annual rent increases, while the larger commercial space generates $2,300/month and may be delivered vacant at closing. Additional highlights include 10–12 on-site parking spaces, ample street parking, and significant upside for investors or owner-occupants se
  • Highlights
    • Area: East Lynn
    • Parking Spots: 10
    • Property Type: 4 Family
    • Total Rooms: 14
    • Status: Active
    • Levels: 3
    • Property Class: Residential Income
    • Stories: 3
    • Year Built: 1900
  • Additional Details
    • Basement: Partial
    • Interior Features: Office/Den, Loft, Living Room, Kitchen
    • SqFt Source: Public Record
    • Year Built Details: Actual
    • Zoning: b
    • Foundation: Concrete Perimeter
    • Lot Features: Corner Lot
    • Total Number of Units: 4
    • Year Built Source: Public Records
  • Amenities
    • Waterfront Features: 1/2 to 1 Mile To Beach
  • Utilities
    • Sewer: Public Sewer
    • Water Source: Public
  • Fees / Taxes
    • Assessed Value: $622,500
    • Total Rent: $6,550
    • Tax Year: 2024

Location

431-433 Chatham St, Lynn, MA 01902

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