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$3,300,000
40 Days On Site

505-509 Chatham
Lynn, MA 01902

For Sale|Multi Family|Active
22
Beds
12
Full Baths
0
Partial Baths
13,810
SqFt
$239
/SqFt
1910
Built
County:
Essex

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505-509 Chatham
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505 Chatham Street, Lynn, MA is a solid investment opportunity featuring a 12-unit brick building on a large lot with 12 parking spaces. The apartments consist mostly of spacious 2-bedroom units, with a couple of 1-bedroom units, all fully deleaded. Many windows have been recently replaced, and the property includes coin-operated laundry in the basement, adding extra income potential. This well-maintained property offers strong rental income and excellent cash flow, making it a standout in Lynn's rental market

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Listing Snapshot
Price 
$3,300,000
Days On Site 
40 Days
Bedrooms 
22
Inside Area (SqFt) 
13,810 sqft
Total Baths 
12
Full Baths 
12
Partial Baths 
N/A
Lot Size 
0.32 Acres
Year Built 
1910
MLS® Number 
73319791
Status 
Active
Property Tax 
$30,185.4
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Owner
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.32
Foundation 
Block
Number Of Stories 
3
Parking Spaces 
12
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
13810
Water Source 
Public
Zoning 
R4
Interior Features
Appliances 
Gas Water Heater
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Exterior Features
Lot Features 
Level
Listing courtesy of Oleg Elisev of Greenville Real Estate Group, Inc.



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Data Last Updated at 2024-10-30 12:00 AM UTC

Neighborhood & Commute
Source: Walkscore
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