REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Merle Bruno

merle@peterandmerle.com +1(413) 687-2553

$1,850,000

Est. payment - /mo

13 Beds

5 Baths

5,368 SqFt

Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,368 sqft

Price per Sqft $344

MLS Listing ID 73535799

Bedrooms 13

Full Baths 5

Year Built 1900

Annual Tax Amount $15,107

Tax Year 2025

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type 5-9 Family

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 R2

Direction Essex Street to Chestnut Street

Rooms

Basement Full, Interior Entry, Concrete

Interior

Interior Features Living Room, Kitchen

Heating Natural Gas

Appliance Range, Refrigerator

Exterior

Exterior Feature Rain Gutters

Community Features Public Transportation, Shopping, House of Worship, Private School, Public School

Waterfront Description Ocean,3/10 to 1/2 Mile To Beach,Beach Ownership(Public)

Roof Type Shingle

Total Parking Spaces 5

Garage No

Building

Story 5

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Read Less Info

Listed by Clements Realty Group

Nearby School & Business

Get More Information

Merle Bruno

+1(413) 687-2553

Agent | License ID: 9514166

Agent License ID: 9514166

77-79 Chestnut Street Lynn, MA 01902

Merle Bruno

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information