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38 Chatham St, Lynn MA 01902

$839,000

Estimated $1,946.26/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $419,500

Total Rent: 0/year

Estimated CAP Rate: -0.84%

6 Bedrooms

3 Full Baths

2,314 SqFt

Total Parking: 1

2,766 SqFt

Multi-Family, Delivered Vacant with income Potential. Spacious multi-family home featuring two units across three levels. First unit has 2 bedrooms; 1 bathroom Second unit is a Two-level unit with 4 bedrooms and 2 bathrooms. This property features some updates throughout, large bedrooms, and large windows that bring in a lot of natural light. The third floor offers excellent potential for added value or customization. Located within walking distance to the beach- ideal for owner-occupants or investors. Move-in ready and full of opportunity.

This home has been viewed 65 times

Last Checked: September 28th, 2025 at 4:28am (Source: MLS PIN #73395936)

Gross Income: $0

Gross Expenses: $7,030

Net Income Calc: $7,030

CAP Rate: -0.84%

Annual Expenses for 38 Chatham St, Lynn MA 01902

Total Gross Expenses (Calculated)$7,030/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$7,030

Annual Income & Unit Breakdown for 38 Chatham St, Lynn MA 01902

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms2 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

General Information for 38 Chatham St, Lynn MA 01902

Listing ID73395936

Property TypeMulti Family

Price$839,000 ($362.58/SqFt)

StyleMulti Family

CityLynn

CountyEssex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,314 SqFt

Approximate Lot Size (Acres)0.06 acres

Total Parking1

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesEasements

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningR1

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 38 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 Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 38 Chatham St, Lynn MA 01902

Real Estate Taxes$7,030

Tax Year2025

Assessed Value$678,595

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)-0.84%

Location Information for 38 Chatham St, Lynn MA 01902

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 38 Chatham St, Lynn MA 01902

Agent

Name: Sonya Aoude

Office

Name: Law Offices of Bradford Eliot Keene, P.C.

Phone: 781-246-4545

Team Members

Payment Calculator

, Interest

Property Taxes 585.83

Principal & Interest 5169.65

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Law Offices of Bradford Eliot Keene, P.C.

Sonya Aoude

Agent Phone

Office Phone

(781) 246-4545

Text Agent Call Agent Call Office

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                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73395936&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2025-09-28 04:28:58
                    [modified] => 2025-09-28 04:28:58
                )

[22] => Array
                (
                    [id] => 156959547
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73395936&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2025-09-28 04:28:58
                    [modified] => 2025-09-28 04:28:58
                )

[23] => Array
                (
                    [id] => 156959548
                    [name] => MLS24.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73395936&w=1024&h=768&n=24
                    [index] => 24
                    [enabled] => 1
                    [created] => 2025-09-28 04:28:58
                    [modified] => 2025-09-28 04:28:58
                )

)

)

EXIT