77-79 Chestnut Street, Lynn, MA 01902

$1,690,000
13
BD
5
BA
5,368
SqFt

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List Price
$1,690,000
Status
ACTIVE
MLS#
73535799
Price Change
▼ $160,000 1783458599
Year Built
1900
Levels
5
Bedrooms
13
Bathrooms
5
Acres
0.13
Living Area
5,368

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.

Additional Information

Taxes
$15,107
Lot Size
5,767
Interior Features
Living Room, Kitchen
Heating
Natural Gas
Sewer
Public Sewer
Water Source
Public
Appliances
Range, Refrigerator
Exterior
Frame
Exterior Features
Rain Gutters
Parking Spaces
5

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Eugene L. Clements from Listing Office: Clements Realty Group.

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