$1,160,000

431-433 Chatham, Lynn, MA 01902

  • 4 beds |
  • 4 baths |
  • 3,442 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $337/sqft
  • Property List Date Icon Listed 7 months ago

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

Listing Status:
Active
Date Added:
October 23, 2025
Data Last Updated:
June 13, 2026 at 12:08AM
Listing Office:
Compass : 617-206-3333
Listing Agent:
Stephen Dixon : 781-244-2853
MLS ID:
73447401
  • General: Office/DenLoftLiving RoomKitchen
  • Basement: Partial
  • Fireplace: Fireplaces: 0
  • Parking: Parking spaces: 10
  • General: 3Concrete Perimeter
  • Originating MLS: MLS Property Information Network
  • County: Essex
  • Zoning: b1998175
  • Water: Public
  • Sewer: Public Sewer
  • Source: MLS Property Information Network

This listing courtesy of Stephen Dixon , Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby