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77-79 Chestnut St

East Lynn, Lynn, MA 01902
Sold!
1 of 1 Photo Map
$1,580,000
3,384 Living Area
  • 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.
  • Highlights
    • Area: East Lynn
    • Year Built: 1873
    • Property Class: Commercial Sale
    • Status: Closed
  • Additional Details
    • Zoning: R1
    • Zoning Description: Legal Non-Conforming
  • Fees / Taxes
    • Tax Year: 2025
    • Taxes: $14,238

Location

77-79 Chestnut St, Lynn, MA 01902

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