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77-79 Chestnut St, Lynn MA 01902

$1,850,000

Estimated $4,186/month Calculator

Multi Family

Total Units:

Price Per Unit: $1,850,000

Total Rent: 0/year

Estimated CAP Rate:

0 Bedrooms

Baths

3384

Total Parking: 0

5,767 (0.13)

Amazing Investment Opportunity! Completely renovated in 2023, this turnkey five-unit property offers strong income potential and peace of mind for investors. Major improvements include a new roof, new siding, updated electrical systems, five new heating systems, five new water heaters, new windows, and numerous additional upgrades throughout. The property features an attractive unit mix consisting of three spacious three-bedroom apartments and two well-appointed two-bedroom apartments. Additional highlights include off-street parking, de-lead compliance certificates for all units, and low-maintenance ownership with significant capital improvements already completed. A rare opportunity to acquire a fully updated multifamily asset with excellent rental appeal and long-term investment value.

This home has been viewed 11 times

Last Checked: June 24th, 2026 at 5:38am (Source: MLS PIN #73538808)

Gross Income: $0

Gross Expenses: $14,238

Net Income Calc: $14,238

Annual Expenses for 77-79 Chestnut St, Lynn MA 01902

Total Gross Expenses (Calculated)$14,238/year

APOD Available

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax14238

Annual Income & Unit Breakdown for 77-79 Chestnut St, Lynn MA 01902

Total Gross Income (Calculated)$0

General Information for 77-79 Chestnut St, Lynn MA 01902

Listing ID73538808

Property TypeMulti Family / 5+ Family

Price1850000

StyleResidential

CityLynn

CountyEssex

MLS AreaEast Lynn

Neighborhood(s)

Approximate Living Area Total3384

Approximate Lot Size (Acres)0.13

Total Parking0

Year Built1873

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningR1

Zoning DetailsLegal Non-Conforming

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 77-79 Chestnut St, Lynn MA 01902

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

ExclusionsBasement Fridge

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 77-79 Chestnut St, Lynn MA 01902

Real Estate Taxes14238

Tax Year2025

Assessed Value$0

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 77-79 Chestnut St, Lynn MA 01902

Neighborhood(s)

MLS AreaEast Lynn

Area Amenities

Contact Information for 77-79 Chestnut St, Lynn MA 01902

Agent

Name: Eugene L. Clements

Office

Name: Clements Realty Group

Phone: 781-595-9600

Payment Calculator

, Interest

Property Taxes 1186.5

Principal & Interest 11399.11

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Clements Realty Group

Eugene L. Clements

Agent Phone

Office Phone

(781) 595-9600

Text Agent Call Agent Call Office

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EXIT