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Closed

257 Chatham Street, Lynn MA 01902

$859,900

Estimated $2,114.07/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $286,633.33

Total Rent: 0/year

Estimated CAP Rate: -1.00%

11 Bedrooms

5 Full, 1 Half Baths

3,934 SqFt

Total Parking: 0

3,867 SqFt

Extra large three family home. First floor is a complete apartment which has 5 bedrooms and 2.5 bathrooms. Upstairs on 2nd floor are the other two units. On left side is the townhouse style apartment which has two levels of living space and features 5 bedrooms with 2 full bathrooms. On the right side second floor is the 3rd unit which has 1 bedroom and 1 full bathroom. Hardwood floors thru out, separate utilities heat and electrical for all 3 units, has gas heat. Full unfinished basement with access from exterior rear. Fenced in rear yard, prior owner did park cars in rear area by accessing thru side street.

This home has been viewed 32 times

Last Checked: May 7th, 2024 at 5:01am (Source: MLS PIN #73088206)

Gross Income: $0

Gross Expenses: $8,637

Net Income Calc: $8,637

CAP Rate: -1.00%

Annual Expenses for 257 Chatham Street, Lynn MA 01902

Total Gross Expenses (Calculated)$8,637/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$8,637

Annual Income & Unit Breakdown for 257 Chatham Street, Lynn MA 01902

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms5

Bathrooms2 Full, 1 Half

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms5

Bathrooms2 Full

Floor2

Levels in Unit2

HeatingYes

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

General Information for 257 Chatham Street, Lynn MA 01902

Listing ID73088206

Property TypeMulti Family / 3 Family

Price$859,900 ($218.58/SqFt)

Style3 Family

CityLynn

CountyEssex

MLS Area

Neighborhood(s)

Approximate Living Area Total3,934 SqFt

Approximate Lot Size (Acres)0.09 acres

Total Parking0

Garage Parking

Year Built1880

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping, Level

Foundation Area

Foundation DescriptionBlock,Stone

Accessible Features

Outdoor Space

ZoningRes

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 257 Chatham Street, 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$75,000

Total Net Income By Broker$75,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation2

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 257 Chatham Street, Lynn MA 01902

Real Estate Taxes$8,637

Tax Year2023

Assessed Value$5

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$75,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$75,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-1.00%

Location Information for 257 Chatham Street, Lynn MA 01902

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesPublic School, Shopping, Park, Public Transportation

Contact Information for 257 Chatham Street, Lynn MA 01902

Agent

Name: Evelyn Dongo

Office

Name: Coldwell Banker First Quality Realty

Phone: 781-322-2424

Payment Calculator

, Interest

Property Taxes 719.75

Principal & Interest 5298.43

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker First Quality Realty

Evelyn Dongo

Agent Phone

Office Phone

(781) 322-2424

Text Agent Call Agent Call Office

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EXIT

Closed

257 Chatham Street, Lynn MA 01902

$859,900

Annual Expenses for 257 Chatham Street, Lynn MA 01902

Annual Income & Unit Breakdown for 257 Chatham Street, Lynn MA 01902

General Information for 257 Chatham Street, Lynn MA 01902

Disclosures for 257 Chatham Street, Lynn MA 01902

Financial Information for 257 Chatham Street, Lynn MA 01902

Location Information for 257 Chatham Street, Lynn MA 01902

Contact Information for 257 Chatham Street, Lynn MA 01902

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Coldwell Banker First Quality Realty

Evelyn Dongo