(617) 955-2224
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431-433 Chatham, Lynn MA 01902

Lynn, MA 01902 • East Lynn
$1,275,000
Est. $6,647/month
4
Beds
3
Baths
3,442
Sq Ft
$370
Price/Sq Ft
0.10
Acres
1900
Year Built
4 Family
Type
81
Days on Market
Active Price Drop -$25,000 Listed Oct 24, 2025 • MLS# 73447401 Copied!

About this home

Fully renovated four-unit mixed-use property located in the heart of East Lynn. The building features two street-level commercial units and two residential apartments, offering flexible income and owner-user potential. Each commercial unit includes a private restroom and dedicated basement storage and is well-suited for retail, service, or salon use. The residential units consist of a two-bedroom, one-bath apartment with an open-concept layout and large private deck, and a one-bedroom, one-bath apartment with an open-concept layout and private deck. The one-bedroom unit is leased through December 31, 2025, at $2,450 per month; all remaining units will be delivered vacant. The property offers approximately 10–12 on-site parking spaces plus additional street parking. Public water and sewer, 220-volt electrical service, and a corner-lot location enhance visibility and functionality. Private showings by appointment.

Property Overview

Property Type
4 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
4
Full Bathrooms
2
Half Bathrooms
2
Living Area
3,442 sq ft
Total Rooms
14
Stories
3
Levels
3

Facts & Features

Home Facts

Type Residential Income
Style 4 Family
Year Built 1900
Living Area 3,442 sq ft
Lot Size 0.10 acres
Bedrooms 4
Full Baths 2
Half Baths 2
Total Rooms 14

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Partial
Laundry None
Features Office/den, Loft, Living Room, Kitchen

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None
Total Spaces 10

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax 0.00
Assessed Value $622,500

Interior Features

Flooring:
Appliances:
Interior Features: Office/Den, Loft, Living Room, Kitchen
Windows:
Basement: Partial
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof:
Foundation: Concrete Perimeter
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Total Parking Spaces: 10
Parking Features:

Location

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Neighborhood

East Lynn

431-433 Chatham, Lynn MA 01902

Lynn, MA 01902

Walkability

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Nearby Schools

School District
Lynn School District local
⚠ 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

10 schools
St. Pius V Elementary School
0.4 mi
Grades PK-08
The Hathaway School
0.7 mi
Grades PK-08
B-
KIPP Academy Lynn Charter School
0.9 mi | #197 of 346 | Score: 51.6
Improved 64 spots from last year
-6.6 below state avg
1,637 students Moderate
High Graduation Rate College Ready Curriculum
Grades K-12
North Shore Christian School
0.9 mi
Grades PK-08
C-
Lynn Vocational Technical Institute
1.5 mi | #284 of 346 | Score: 42.8
Improved 50 spots from last year
-15.5 below state avg
1,584 students Moderate
Early College Program Career Tech Programs
Grades PK-12
TEAMS Academy at Virginia Barton Center
1.8 mi
Grades PK-12
Sacred Heart Elementary School
1.9 mi
Grades PK-08
C
Hood School
0.2 mi | #617 of 824 | Score: 39.9
Improved 28 spots from last year
-18.3 below state avg
541 students Moderate
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
Diverse Student Body
Grades K-05
C-
Ingalls School
0.6 mi | #673 of 824 | Score: 37.3
Improved 125 spots from last year
-20.9 below state avg
719 students Moderate
Grades K-05
M

Middle Schools

2 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
Grades 06-08
C+
Pickering Middle School
1.0 mi | #226 of 352 | Score: 38.6
Improved 81 spots from last year
-19.6 below state avg
583 students Diverse
Grades 06-08
H

High Schools

6 schools
St. Mary's High School
1.2 mi
Grades 07-12
City Arts & Sciences Academy at Fecteau-Leary
1.3 mi
Grades 06-12
B
Fredrick Douglass Collegiate Academy
1.3 mi | #12 of 25 | Score: 33.4
Improved 330 spots from last year
-24.8 below state avg
235 students Moderate
Early College Program
Grades 06-12
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 Career Tech Programs Strong Athletics
Grades 09-12
B-
Harold Durgin Success Academy
1.3 mi | #16 of 25 | Score: 30.4
Improved 329 spots from last year
-27.8 below state avg
94 students Diverse
Career Tech Programs
Grades 09-12
C-
Classical High School
2.4 mi | #302 of 346 | Score: 37.9
Improved 51 spots from last year
-20.3 below state avg
1,795 students Moderate
Early College Program Career Tech Programs
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $0
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $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 24, 2025
$1,275,000
Original listing
Agent: Stephen Dixon Office: Cameron Real Estate Group

Price & Status History

Date Event Price Change
Jan 13, 2026 Sold $1,275,000 —
Oct 24, 2025 New Listing Added $1,275,000 —

Market Statistics

Days on Market
81 days
Price per Sq Ft
$370
Total Price Drop
-$25,000

Tax History

Year Taxes Assessment
2024 $0 $622,500

Financial Details

Annual Property Tax
$0
Tax Year 2024
Assessed Value
$622,500

Listing Information

Listing Agent Stephen Dixon
Listing Office Cameron Real Estate Group
Agent MLS ID CT008015
Office MLS ID AC0756
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steven Novak

Steven Novak

BMN Boston Real Estate

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