BEDS13
BATHS5 full
SQUARE FEET5,368
MLS#73535799
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Interior Entry, Concrete
Heating: Natural Gas
Lot Size: 0.13 Acres
Roof Type: Shingle
Stories: 5.0
Taxes: $15,107
Year Built: 1900
Amenities
Living Room
Kitchen
Rain Gutters
Feature Descriptions
Appliances: Range, Refrigerator
Building Area Total: 5368
Community Features: Public Transportation, Shopping, House of Worship, Private School, Public School
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Dwelling Type: 5-9 Family
Exterior: Frame
HeatingY/N: 1
Open Parking Y/N: Yes
Parcel Number: 2000029
Parking Features: Paved Drive, Off Street
Parking Total: 5
Patio And Porch: Porch
Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
Road Responsibility: Public Maintained Road
Rooms Total: 23
Sewer: Public Sewer
Units: 5
Water: Public
Waterfront Features: Ocean,3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Listed By / Shown By
Listed By
Agency Name: Clements Realty Group
Agent Name: Eugene L. Clements
Agency Phone: 781-595-9600
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 5,915.80 per month $4,117.30 Principal & Interest $1,258.92 Property Tax $539.58 Homeowner's Insurance
77-79 Chestnut Street | MLS# 73535799
This multi-family property located at 77-79 Chestnut Street, Lynn, MA 01902 is currently listed for sale with an asking price of $1,850,000. Search Lynn real estate on www.masiellogrouprealestate.com today.