77-79 Chestnut St, Lynn, MA 01902

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Sold Price
$1,580,000
List Price
$1,690,000
Closing Date
Sep 25, 2026
MLS#
73538808
Status
SOLD
Type
Commercial
City
Lynn
Area
East Lynn
County
Essex
Bathrooms
5
Living Area
3,384
Year Built
1873

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.

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

Selling Office: .