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Canceled

207 Chestnut St, Lynn MA 01902

$3,025,000

Estimated $6,548.44/month Calculator

Multi Family

Total Units: 1

Price Per Unit: $3,025,000

Total Rent: 0/year

Estimated CAP Rate: -0.65%

0 Bedrooms

Baths

Total Parking: 23

12,471 SqFt

NEW & RENOVATED in 2024 & Solid CASH FLOW on Stabilized 9 Unit Building streets a few blocks off Swampscott and Kings Beach. Swampscott Commuter Rail and Central Square in Lynn each 4 min ride and 2 minute walk to bus stop. Chestnut Street is on bus line. Lots of conveniences including farmers market, restaurants, and local shops. Ingalls Elementary, Marshall Middle School and Fecteau-Leary Jr & Sr. High School nearby. Separate submeters, 23 Fenced Parking Spaces, unfinished Full Basement for potential upside. All new including: Sprinklered building, Navien H2o hots, natural gas hvacs, granite counters, laminate floors, mail & security Vestibule.

This home has been viewed 120 times

Last Checked: March 16th, 2025 at 4:20am (Source: MLS PIN #73307311)

Gross Income: $0

Gross Expenses: $19,721

Net Income Calc: $19,721

CAP Rate: -0.65%

Annual Expenses for 207 Chestnut St, Lynn MA 01902

Total Gross Expenses (Calculated)$19,721/year

APOD Available

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$19,721

Annual Income & Unit Breakdown for 207 Chestnut St, Lynn MA 01902

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

General Information for 207 Chestnut St, Lynn MA 01902

Listing ID73307311

Property TypeMulti Family / 5+ Family

Price$3,025,000

Style

CityLynn

CountyEssex

MLS Area

Neighborhood(s)

Approximate Living Area Total

Approximate Lot Size (Acres)0.29 acres

Total Parking23

Garage Parking

Year Built2024

Year Built Source

Year Renovated

Year Built Details

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation Description

Accessible Features

Outdoor Space

ZoningBD

Zoning DetailsOther (See Remarks)

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 207 Chestnut St, Lynn MA 01902

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$13,596

Total Gross Income By Broker$274,500

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 207 Chestnut St, Lynn MA 01902

Real Estate Taxes$19,721

Tax Year2024

Assessed Value

Financial Data Source

Total Gross Expenses By Broker$13,596

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$274,500

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-0.65%

Location Information for 207 Chestnut St, Lynn MA 01902

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 207 Chestnut St, Lynn MA 01902

Agent

Name: Patricia Graciano

MLS ID: CN245174

Office ID: AC0487

Address: 23 Aberdeen Road

City: Milton

State: MA

Zip: 02186

Office

Name: Whitty Real Estate

MLS Office ID: AC0487

Phone: 508-238-3401

Team Members

Name: Wendy R. Whitty

MLS ID: NB113645

Office ID: AC0487

National Association ID: 453501433

Phone: 508-238-3401

City: North Easton

State: MA

Payment Calculator

, Interest

Property Taxes 1643.42

Principal & Interest 18639.09

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Whitty Real Estate

Patricia Graciano

Agent Phone

Office Phone

(508) 238-3401

Text Agent Call Agent Call Office

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EXIT