431-433 Chatham, Lynn, MA 01902

$1,160,000
4
BD
4
BA
3,442
SqFt

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List Price
$1,160,000
Status
ACTIVE
MLS#
73447401
Price Change
▼ $115,000 1780459077
Year Built
1900
Levels
3
Bedrooms
4
Bathrooms
4
Acres
0.10
Living Area
3,442

Property Description

Exceptional fully renovated four-unit mixed-use property in the heart of East Lynn, offering strong income, flexibility, and owner-user potential. The building features two street-level commercial spaces and two updated residential apartments. Each commercial unit includes a private restroom and dedicated basement storage, ideal for retail, office, salon, or service businesses. The residential component consists of a spacious 2-bedroom, 1-bath apartment with an open-concept layout and large private deck, delivered vacant, plus a 1-bedroom, 1-bath apartment with a private deck currently occupied by a tenant-at-will paying $2,450/month and willing to renew. The smaller commercial unit is leased at $1,800/month on a 3-year term with annual rent increases, while the larger commercial space generates $2,300/month and may be delivered vacant at closing. Additional highlights include 10–12 on-site parking spaces, ample street parking, and significant upside for investors or owner-occupants se

Additional Information

Lot Desc
Corner Lot
Lot Size
4,500
Interior Features
Office/Den, Loft, Living Room, Kitchen
Sewer
Public Sewer
Water Source
Public
Parking Spaces
10

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Stephen Dixon from Listing Office: Compass.

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