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$ 1,850,000
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Active
77-79 Chestnut St Lynn, MA 01902
3,384 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,384 sqft
Price per Sqft $546
MLS Listing ID 73538808
HOA Y/N false
Year Built 1873
Annual Tax Amount $14,238
Tax Year 2025
Lot Size 5,662 Sqft
Acres 0.13
Property Description
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.
Location
State MA
County Essex
Area East Lynn
Zoning R1
Direction Essex Street to Chestnut Street
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available
Others
Senior Community false
Listed by Clements Realty Group
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