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Canceled

122 Chatham St, Lynn MA 01902

$735,000

Estimated $1,754.13/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $367,500

Total Rent: 16800/year

Estimated CAP Rate: 1.37%

6 Bedrooms

2 Full Baths

2,734 SqFt

Total Parking: 4

3,576 SqFt

Very large two family with all separate utilities located within close proximity to bus line, commuter rail and local shopping. Huge potential in this to convert to condo. First floor is a 2 bedroom unit. Second and third floor have five bedrooms. Plenty of off street parking.

This home has been viewed 28 times

Last Checked: May 7th, 2024 at 12:50am (Source: MLS PIN #73077950)

Gross Income: $16,800

Gross Expenses: $6,747

Net Income Calc: $10,053

CAP Rate: 1.37%

Beach Front

Annual Expenses for 122 Chatham St, Lynn MA 01902

Total Gross Expenses (Calculated)$6,747/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,747.98

Annual Income & Unit Breakdown for 122 Chatham St, Lynn MA 01902

Total Gross Income (Calculated)$16,800

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,400

LeaseN

Bedrooms5

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

General Information for 122 Chatham St, Lynn MA 01902

Listing ID73077950

Property TypeMulti Family / 2 Family

Price$735,000 ($268.84/SqFt)

Style2 Family - 2 Units Up/down

CityLynn

CountyEssex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,734 SqFt

Approximate Lot Size (Acres)0.08 acres

Total Parking4

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningR1

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront FeaturesOcean, Walk To, Beach Front, Beach Ownership(public), 1/2 To 1 Mile To Beach

Energy Features

Terms

Disclosures for 122 Chatham St, Lynn MA 01902

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$16,800

Total Net Income By Broker$16,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 122 Chatham St, Lynn MA 01902

Real Estate Taxes$6,747.98

Tax Year2023

Assessed Value$605,200

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$16,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$16,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.37%

Location Information for 122 Chatham St, Lynn MA 01902

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesShopping, Park, Public Transportation, Sidewalks

Contact Information for 122 Chatham St, Lynn MA 01902

Agent

Name: Gingle-Lerman Realty Group

Office

Name: RE/MAX 360

Phone: 781-631-2330

Team Members

Name: Marcie Gingle

Phone: 617-838-3102

Payment Calculator

, Interest

Property Taxes 562.33

Principal & Interest 4528.84

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX 360

Gingle-Lerman Realty Group

Agent Phone

Office Phone

(781) 631-2330

Text Agent Call Agent Call Office

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    [description] => Very large two family with all separate utilities located within close proximity to bus line, commuter rail and local shopping. Huge potential in this to convert to condo. First floor is a 2 bedroom unit. Second and third floor have five bedrooms. Plenty of off street parking.
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[20] => Array
                (
                    [id] => 6834338
                    [name] => MLS21.jpg
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73077950&w=1024&h=768&n=21
                    [index] => 21
                    [enabled] => 1
                    [created] => 2024-05-07 00:51:07
                    [modified] => 2024-05-07 00:51:07
                )

[21] => Array
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                    [id] => 6834339
                    [name] => MLS22.jpg
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73077950&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2024-05-07 00:51:07
                    [modified] => 2024-05-07 00:51:07
                )

[22] => Array
                (
                    [id] => 6834340
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73077950&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2024-05-07 00:51:07
                    [modified] => 2024-05-07 00:51:07
                )

[23] => Array
                (
                    [id] => 6834341
                    [name] => MLS24.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73077950&w=1024&h=768&n=24
                    [index] => 24
                    [enabled] => 1
                    [created] => 2024-05-07 00:51:07
                    [modified] => 2024-05-07 00:51:07
                )

[24] => Array
                (
                    [id] => 6834342
                    [name] => MLS25.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73077950&w=1024&h=768&n=25
                    [index] => 25
                    [enabled] => 1
                    [created] => 2024-05-07 00:51:07
                    [modified] => 2024-05-07 00:51:07
                )

[25] => Array
                (
                    [id] => 6834343
                    [name] => MLS26.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73077950&w=1024&h=768&n=26
                    [index] => 26
                    [enabled] => 1
                    [created] => 2024-05-07 00:51:07
                    [modified] => 2024-05-07 00:51:07
                )

[26] => Array
                (
                    [id] => 6834344
                    [name] => MLS27.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73077950&w=1024&h=768&n=27
                    [index] => 27
                    [enabled] => 1
                    [created] => 2024-05-07 00:51:07
                    [modified] => 2024-05-07 00:51:07
                )

[27] => Array
                (
                    [id] => 6834345
                    [name] => MLS28.jpg
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                    [index] => 28
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                    [modified] => 2024-05-07 00:51:07
                )

[28] => Array
                (
                    [id] => 6834346
                    [name] => MLS29.jpg
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                    [index] => 29
                    [enabled] => 1
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                    [modified] => 2024-05-07 00:51:07
                )

)

)

EXIT