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131-131A Chatham St, Lynn MA 01902

$785,000

Estimated $1,870/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $261,666.67

Total Rent: 0/year

Estimated CAP Rate:

9 Bedrooms

Baths

3381

Total Parking: 2

2,374 (0.05)

Fantastic opportunity for an owner occupant or savvy investor to add to their portfolio. Recently Renovated 3 family and move-in ready. All units have spacious identical footprint. Each unit boasts kitchen with granite counters, Stainless Steal appliances and a tile backsplash. Gleaming hardwood floors and recessed lighting guide you through this exceptional unit that features New Lighting throughout, tastefully painted with neutral color, tiled bathrooms, tiled tub with shower, very large Living room and Kitchen/Dining Room Combo. Three separate heating systems, a large basement with plumbing upgrades and potential additional basement storage for each unit. Property will be delivered vacant. There are no leases in place or tenants. Don't miss on this Great investment.

This home has been viewed 40 times

Last Checked: May 7th, 2024 at 8:16am (Source: MLS PIN #73106735)

Gross Income: $0

Gross Expenses: $7,167

Net Income Calc: $7,167

Water Views

Annual Expenses for 131-131A Chatham St, Lynn MA 01902

Total Gross Expenses (Calculated)$7,167/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7167

Annual Income & Unit Breakdown for 131-131A Chatham St, Lynn MA 01902

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 131-131A Chatham St, Lynn MA 01902

Listing ID73106735

Property TypeMulti Family / 3 Family

Price785000 ($232.18/SqFt)

Style3 Family - 3 Units Up/down

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total3381

Approximate Lot Size (Acres)0.05

Total Parking2

Garage Parking0

Year Built1905

Year Built SourcePublic Records

Year Built DetailsRenovated Since

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR2

Water ViewsNo

Water Views Features

Waterfront FeaturesRiver

Terms

Disclosures for 131-131A Chatham St, Lynn MA 01902

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Appliances To Remain.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation0

Compensation Based OnNet Sale Price

Financial Information for 131-131A Chatham St, Lynn MA 01902

Real Estate Taxes7167

Tax Year2023

Assessed Value$642,800

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 131-131A Chatham St, Lynn MA 01902

Elementary SchoolIngalls

Middle SchoolMarshall

High SchoolLynn

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 131-131A Chatham St, Lynn MA 01902

Agent

Name: Leo Nikolouzos

Office

Name: Cameron Prestige, LLC

Phone: 857-331-5127

Payment Calculator

, Interest

Property Taxes 597.25

Principal & Interest 4836.92

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Cameron Prestige, LLC

Leo Nikolouzos

Agent Phone

Office Phone

(857) 331-5127

Text Agent Call Agent Call Office

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    [unparsed] => 131-131A Chatham St, Lynn MA 01902
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EXIT

34 More Photos

Closed

131-131A Chatham St, Lynn MA 01902

$785,000

Annual Expenses for 131-131A Chatham St, Lynn MA 01902

Annual Income & Unit Breakdown for 131-131A Chatham St, Lynn MA 01902

General Information for 131-131A Chatham St, Lynn MA 01902

Disclosures for 131-131A Chatham St, Lynn MA 01902

Financial Information for 131-131A Chatham St, Lynn MA 01902

Location Information for 131-131A Chatham St, Lynn MA 01902

Contact Information for 131-131A Chatham St, Lynn MA 01902

Agent

Office

Payment Calculator

Exclusive Listing Agent

Cameron Prestige, LLC

Leo Nikolouzos