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77-79 Chestnut Street

Lynn, MA 01902
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Bed 13

Bed

Bath 5

Bath

SqFt5,368

Sqft

Acres0.13

Acre(Lot)

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.

Detail Ic Property Details

Property Type : Residential Income

Price : $1,850,000

AD Id : 85518998

MLS Id : 73535799

Beds : 13

Lot Size : 0.13 Acre

Living Area Size : 5,368

Year Built : 1900

County : Essex

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Feature Features

  • Bathroom Information

    Total Baths: 5 Full Baths: 5

    Room Information

    Total Bedroom: 13
  • Roofing Information

    Shingle
  • Interior Features

    Living Room, Kitchen Roof: Shingle Appliances: Range, Refrigerator
  • Heating & Cooling

    Heating: Natural Gas WaterSource: Public

  • Building Information

    Year Built: 1900 Construction Materials: Frame Basement: Full, Interior Entry, Concrete
  • Exterior Features

    Rain Gutters
    Foundation Details: Stone
    Porch: Porch
  • Road Types

    Paved
    Public

  • Lot Information

    Lot Size Area: 0.13 Lot Size Units: Acres Lot Square Feet: 5,767 Lot Acres: 0.13 Waterfront: Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public) Stories: 5 Main Square Feet: 0.13

    Property Information

    Property Type: Residential Income Sub Type: 5-9 FamilySQ ft (Living Area): 5,368

  • Listing Price Information

    Original Listing Price: $1850000

  • Tax Information

    Parcel Number: 2000029 Annual Tax: $15107

  • Parking Information

    Parking Total: 5 Paved Drive, Off Street

  • Location Information

    Direction: Essex Street to Chestnut Street
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
49 Atlantic Terrace, Lynn, MA, 01902 $1,250,000 4 4 3,750 3,750 SqFt
13 Essex St #2, Lynn, MA, 01902 $699,999 4 3 3,900 3,900 SqFt
10 Williams Ave, Lynn, MA, 01902 $699,999 3 2 1,222 1,222 SqFt
145 Lewis St, Lynn, MA, 01902 $6,100,000 33 26 17,407 17,407 SqFt
2 Chestnut Terrace, Lynn, MA, 01902 $589,999 3 1 1,536 1,536 SqFt
4-4A Broad St, Lynn, MA, 01902 $1,190,000 9 5 4,089 4,089 SqFt
8 Chestnut St, Lynn, MA, 01902 $549,000 3 2 1,470 1,470 SqFt
40 Archer St, Lynn, MA, 01902 $729,988 5 3 1,932 1,932 SqFt
22 Porter St, Lynn, MA, 01902 $585,000 3 2 1,603 1,603 SqFt
54 Nahant St, Lynn, MA, 01902 $1,499,900 11 6 5,500 5,500 SqFt

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ByOwner last updated this listing 06/23/2026 @ 13:18

MLS: 73535799 LISTED BY: Eugene L. Clements, Clements Realty Group 781-595-9600 SOURCE: MLS Property Information Network

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