391 Chatham Street, Lynn MA 01902

Lynn, MA 01902

$589,900

Est. $4,287/month

5,111

Sq Ft

$115

Price/Sq Ft

0.15

Acres

1880

Year Built

192

Days on Market

Active Listed Oct 14, 2025 • MLS# 73443210 Copied!

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About this home

GREAT Opportunity - GREAT Price in this Mixed-Use property. Second floor residential unit offers 3-4 bedroom and two full baths, large roof deck. Front-to-back store front, ample off street parking off of side street, garage. Interior sprinkler system, rent well below market. Large footprint provides many possibilities. HIGH visibility - HIGH traffic area - HIGH foot traffic! Don't miss this amazing investment! "MOTIVATED SELLER"

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Property Overview

Listing Type

Commercial Sale

Year Built

1880

Living Area

5,111 sq ft

Facts & Features

Home Facts

Type Commercial Sale

Year Built 1880

Living Area 5,111 sq ft

Lot Size 0.15 acres

Interior

Heating None

Cooling None

Flooring None

Appliances None

Fireplace None

Basement None

Laundry None

Features None

Exterior

Construction None

Architecture None

Roof Rubber

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features None

Utilities

Electric None

Water None

Sewer None

Gas None

Other None

Financial

Annual Tax $13,245

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Year Built: 1880

Structure Type:

Exterior Materials:

Roof: Rubber

Foundation:

Heating, Cooling & Utilities

Heating:

Cooling:

Hot Water:

Water Source:

Sewer:

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

391 Chatham Street, Lynn MA 01902

Lynn, MA 01902

Walkability

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Nearby Schools

School District

Lynn School District local

D

⚠ School Safety 2024-25

3.5% Above Average

3.0% Suspensions 0.3% In-School 0.1% Expulsions 0.4% Emergency

↓ 2.0% below state avg

E

Elementary Schools

3 schools

C

Hood School

0.1 mi | #617 of 824 | Score: 39.9

Improved 28 spots from last year

-18.3 below state avg

541 students Moderate

Rising School

Grades PK-05

A-

Aborn School

0.4 mi | #226 of 824 | Score: 53.5

Improved 252 spots from last year

-4.7 below state avg

224 students Diverse

Rising School Diverse Student Body

Grades K-05

St. Pius V Elementary School

0.5 mi

Grades PK-08

M

Middle Schools

3 schools

C-

Thurgood Marshall Middle School

0.8 mi | #311 of 352 | Score: 30.5

Improved 40 spots from last year

-27.7 below state avg

1,310 students Moderate

Rising School

Grades 06-08

C+

Pickering Middle School

1.1 mi | #226 of 352 | Score: 38.6

Improved 81 spots from last year

-19.6 below state avg

583 students Diverse

Rising School

Grades 06-08

B+

Swampscott Middle School

2.0 mi | #122 of 352 | Score: 47.2

Dropped 51 spots from last year

-11 below state avg

654 students Moderate

Grades PK-08

H

High Schools

3 schools

D

Lynn English High School

0.2 mi | #318 of 346 | Score: 33.5

Improved 37 spots from last year

-24.8 below state avg

2,062 students Moderate

18 sports • 1,425 athletes

Early College Program Rising School Career Tech Programs Strong Athletics

Grades 09-12

A-

Swampscott High School

1.1 mi | #98 of 346 | Score: 60.1

Dropped 66 spots from last year

+1.9 above state avg

706 students Moderate

18 sports • 1,578 athletes

Strong AP Program High Graduation Rate Career Tech Programs College Ready Curriculum

Grades 09-12

St. Mary's High School

1.2 mi

Grades 07-12

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Loan Term 30 years 15 years

Monthly Payment Breakdown

Principal & Interest $0

Property Tax $1,104

Homeowners Insurance $200

PMI (if <20% down) $0

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Payment Over Time

Interest

Principal

Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠

Listed for Sale

Oct 14, 2025

$589,900

Original listing

Agent: Wendy Carpenito Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
10/14/2025	🏠 Listed for Sale	$589,900	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Apr 25, 2026	Sold	$499,900	—
Oct 14, 2025	New Listing Added	$589,900	—

Market Statistics

Days on Market

192 days

Price per Sq Ft

$115

Tax History

Year	Taxes	Assessment
2025	$13,245	—

Financial Details

Annual Property Tax

$13,245

Tax Year 2025

Listing Information

Listing Agent Wendy Carpenito

Listing Office Berkshire Hathaway HomeServices Commonwealth Real Estate

Agent MLS ID C8002906

Office MLS ID AN8238

Listing Data Updated Jan 7, 2026 12:28 PM EST

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.