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Closed

131-131A Chatham St, Lynn MA 01902

$785,000

Estimated $1,870.12/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $261,666.67

Total Rent: 0/year

Estimated CAP Rate: -0.91%

9 Bedrooms

3 Full Baths

3,381 SqFt

Total Parking: 2

2,374 SqFt

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 21 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

CAP Rate: -0.91%

Beach Front

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 Tax$7,167

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

HeatingYes

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent Includes

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

Listing ID73106735

Property TypeMulti Family / 3 Family

Price$785,000 ($232.18/SqFt)

Style3 Family - 3 Units Up/down

CityLynn

CountyEssex

MLS Area

Neighborhood(s)

Approximate Living Area Total3,381 SqFt

Approximate Lot Size (Acres)0.05 acres

Total Parking2

Garage Parking

Year Built1905

Year Built SourcePublic Records

Year Renovated

Year Built DetailsRenovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone,Brick/Mortar

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

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

Energy Features

Terms

Disclosures for 131-131A 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$0

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

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

Real Estate Taxes$7,167

Tax Year2023

Assessed Value$642,800

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-0.91%

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

Elementary SchoolIngalls

Middle SchoolMarshall

High SchoolLynn

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Public School, Park, Medical Facility, Laundromat, Public Transportation

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 $0

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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[perc_test] => Array
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[perc_test_date] => Unknown
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EXIT

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

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Exclusive Listing Agent

Cameron Prestige, LLC

Leo Nikolouzos