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77-79 Chestnut St, Lynn MA 01902

Lynn, MA 01902 • East Lynn
$1,850,000
Est. $10,741/month
3,384
Sq Ft
$547
Price/Sq Ft
0.13
Acres
1873
Year Built
18 hours 28 minutes
Time on Market
Active Listed Jun 19, 2026 • MLS# 73538808 Copied!

About this home

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.

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Public Records

Current Owner

Owner CHESTNUT STREET REALTY TRUST
Mailing Address 179 LEWIS ST, LYNN, MA, 01902

Land Use

Use Code 111
Description Apartments (4-8 units)
Zoning R2
Style MULTI 111

Tax Information

Assessed Value $1,374,300

Assessment History

Year Land Building Total Change
FY2026 $195,400 $1,178,900 $1,374,300

Sale History

Date Price Book/Page
Oct 22, 2010 $255,000 29892/67

Building Permit History

Permit history not yet available for this municipality.

Municipal Context: LYNN

Property Data Comparison

Discrepancies found between MLS and assessor records.

Field Assessor MLS Match
Sqft 8,012 3,384
Year built 1,873 1,873
Match: geocode_proximity (88.8% confidence) · Data as of Jun 19, 2026

Property Overview

Listing Type
Commercial Sale
Year Built
1873
Living Area
3,384 sq ft

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1873
Living Area 3,384 sq ft
Lot Size 0.13 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

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

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer, Natural Gas Available

Financial

Annual Tax $14,238

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1873
Structure Type:
Exterior Materials:
Roof:
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

East Lynn

77-79 Chestnut St, Lynn MA 01902

Lynn, MA 01902

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 $1,187
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
$0/mo
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

Property Timeline

🏠
Listed for Sale
Jun 19, 2026
$1,850,000
Original listing
Agent: Eugene L. Clements Office: Clements Realty Group

Price & Status History

Date Event Price Change
Jun 19, 2026 New Listing Added $1,850,000
Jun 19, 2026 Sold $1,850,000

Market Statistics

Time on Market
18 hours 28 minutes
Price per Sq Ft
$547

Tax History

Year Taxes Assessment
2025 $14,238

Financial Details

Annual Property Tax
$14,238
Tax Year 2025

Listing Information

Listing Agent Eugene L. Clements
Listing Office Clements Realty Group
Agent MLS ID C8000525
Office MLS ID C95263
Listing Data Updated Jun 19, 2026 9:49 AM EDT
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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77-79 Chestnut St, Lynn MA 01902 - Photo 1
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BMN Boston Real Estate

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