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183-185 Chestnut Street, Lynn MA 01902

$2,565,000

Estimated $4,160/month Calculator

Multi Family

Total Units: 12

Price Per Unit: $213,750

Total Rent: 106200/year

Estimated CAP Rate:

24 Bedrooms

Baths

9147

Total Parking: 18

11,565 (0.27)

We are excited to present 183-185 Chestnut Street, a fully occupied 12-unit multifamily investment in Lynn, MA. The offering comprises two six-unit buildings, each configured with all 2-bedroom layouts, providing tenants with spacious, in-demand floor plans. An 18-space on-site parking lot sets this asset apart in a submarket where parking is at a premium. The location offers excellent connectivity, with multiple bus lines and MBTA commuter rail service providing direct access to downtown Lynn and Boston.

This home has been viewed 2 times

Last Checked: September 15th, 2026 at 11:13pm (Source: MLS PIN #73563814)

Gross Income: $106,200

Gross Expenses: $9

Net Income Calc: $106,191

Annual Expenses for 183-185 Chestnut Street, Lynn MA 01902

Total Gross Expenses (Calculated)$9/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9

Annual Income & Unit Breakdown for 183-185 Chestnut Street, Lynn MA 01902

Total Gross Income (Calculated)$106,200

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 183-185 Chestnut Street, Lynn MA 01902

Listing ID73563814

Property TypeMulti Family

Price2565000 ($280.42/SqFt)

Style5+ Family - 5+ Units Up/down

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total9147

Approximate Lot Size (Acres)0.27

Total Parking18

Garage Parking0

Year Built1900

Year Built SourceOwner

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

Zoning9

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 183-185 Chestnut Street, Lynn MA 01902

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Belongings.

Financial Data SourceEstimated

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 183-185 Chestnut Street, Lynn MA 01902

Real Estate Taxes9

Tax Year2026

Assessed Value$9

Financial Data SourceEstimated

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 183-185 Chestnut Street, Lynn MA 01902

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 183-185 Chestnut Street, Lynn MA 01902

Agent

Name: Daniel Alper

Office

Name: Boston Realty Advisors

Phone: 617-375-7900

Team Members

Payment Calculator

, Interest

Property Taxes 0.75

Principal & Interest 15804.71

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Boston Realty Advisors

Daniel Alper

Agent Phone

Office Phone

(617) 375-7900

Text Agent Call Agent Call Office

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EXIT

8 More Photos

Pending

183-185 Chestnut Street, Lynn MA 01902

$2,565,000

Annual Expenses for 183-185 Chestnut Street, Lynn MA 01902

Annual Income & Unit Breakdown for 183-185 Chestnut Street, Lynn MA 01902

General Information for 183-185 Chestnut Street, Lynn MA 01902

Disclosures for 183-185 Chestnut Street, Lynn MA 01902

Financial Information for 183-185 Chestnut Street, Lynn MA 01902

Location Information for 183-185 Chestnut Street, Lynn MA 01902

Contact Information for 183-185 Chestnut Street, Lynn MA 01902

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Boston Realty Advisors

Daniel Alper