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531- 531A Chatham St, Lynn MA 01904

Lynn, MA 01904
$695,000
Est. $4,259/month
4
Beds
2
Baths
1,290
Sq Ft
$539
Price/Sq Ft
0.11
Acres
1880
Year Built
21 hours 32 minutes
Time on Market
Active Open House Listed Mar 24, 2026 • MLS# 73490600 Copied!

About this home

Two-Family Opportunity!!Welcome to this well-maintained two-family home in the heart of Lynn—perfect for both homeowners and investors alike! This property offers the ideal blend of comfort, functionality, and income potential. Each unit features beautiful hardwood floors throughout and an inviting open-concept layout that creates a bright and spacious feel. A finished attic provides additional flexible space—perfect for a home office, guest area.Step outside to your own private oasis! The backyard is designed for entertaining, complete with an exterior kitchen, charming gazebo, and a stunning fire pit—ideal for gatherings with family and friends year-round. Whether you’re looking to live in one unit and generate rental income from the other, or expand your investment portfolio, this property is a fantastic opportunity to offset your mortgage while enjoying a comfortable lifestyle. Conveniently located near local amenities, shop, schools, transportation and beach!

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Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1880
Bedrooms
4
Full Bathrooms
2
Living Area
1,290 sq ft
Total Rooms
8
Stories
2
Levels
2

Open House Schedule

28
Mar
Saturday, March 28
11:00 AM - 1:00 PM EDT
29
Mar
Sunday, March 29
11:00 AM - 1:00 PM EDT

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1880
Living Area 1,290 sq ft
Lot Size 0.11 acres
Bedrooms 4
Full Baths 2
Total Rooms 8

Interior

Heating Baseboard, Natural Gas
Cooling None
Flooring Tile, Vinyl / Vct, Hardwood
Appliances Range, Microwave, Refrigerator
Fireplace None
Basement Full
Laundry Gas Dryer Hookup, Washer Hookup
Features Laundry Room, Bathroom With Tub & Shower, Walk-up Attic, Living Room, Kitchen

Exterior

Construction Frame, Brick
Architecture None
Roof Shingle

Parking

Features Paved Drive, Off Street
Total Spaces 6

Utilities

Electric 110 Volts
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Dryer, Washer Hookup

Financial

Annual Tax $6,533
Assessed Value $630,620

Interior Features

Flooring: Tile, Vinyl / VCT, Hardwood
Appliances: Range, Microwave, Refrigerator
Interior Features: Laundry Room, Bathroom With Tub & Shower, Walk-Up Attic, Living Room, Kitchen
Windows:
Basement: Full
Laundry: Gas Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1880
Structure Type:
Exterior Materials: Frame, Brick
Roof: Shingle
Foundation: Stone
Stories: 2

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Cooling: None
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer

Parking & Garage

Total Parking Spaces: 6
Parking Features: Paved Drive, Off Street

Location

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Neighborhood

531- 531A Chatham St, Lynn MA 01904

Lynn, MA 01904

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $544
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
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Cost $0/mo

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

Market Insights

Property Timeline

👁️
Showing Instructions Updated
Mar 24, 2026
New showing requirements
🏠
Listed for Sale
Mar 24, 2026
$695,000
Original listing
Office: LPT Realty, LLC

Price & Status History

Date Event Price Change
Mar 24, 2026 New Listing Added $695,000

Market Statistics

Time on Market
21 hours 32 minutes
Price per Sq Ft
$539

Tax History

Year Taxes Assessment
2026 $6,533 $630,620

Financial Details

Annual Property Tax
$6,533
Tax Year 2026
Assessed Value
$630,620

Listing Information

Listing Agent Best of Boston Living Team
Listing Office LPT Realty, LLC
Agent MLS ID TM361859
Office MLS ID AN8227
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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Market Analytics for Lynn, MA

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Steven Novak

Steven Novak

BMN Boston Real Estate

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