$1,160,000
431-433 Chatham
Lynn, MA, 01902
Exceptional fully renovated four-unit mixed-use property in the heart of East Lynn, offering strong income, flexibility, and owner-user potential. The building features two street-level commercial spaces and two updated residential apartments. Each commercial unit includes a private restroom and dedicated basement storage, ideal for retail, office, salon, or service businesses. The residential component consists of a spacious 2-bedroom, 1-bath apartment with an open-concept layout and large private deck, delivered vacant, plus a 1-bedroom, 1-bath apartment with a private deck currently occupied by a tenant-at-will paying $2,450/month and willing to renew. The smaller commercial unit is leased at $1,800/month on a 3-year term with annual rent increases, while the larger commercial space generates $2,300/month and may be delivered vacant at closing. Additional highlights include 10–12 on-site parking spaces, ample street parking, and significant upside for investors or owner-occupants se
Property Details
Price:
$1,160,000
MLS #:
73447401
Status:
Active
Beds:
4
Baths:
3
Type:
Multi Family
Subtype:
4 Family
Neighborhood:
eastlynn
Listed Date:
Oct 23, 2025
Finished Sq Ft:
3,442
Total Sq Ft:
3,442
Lot Size:
4,500 sqft / 0.10 acres (approx)
Year Built:
1900
Units:
4
Schools
Interior
Above Grade Finished Area
3442
Bathrooms
2 Full Bathrooms, 2 Half Bathrooms
Interior Features
Office/Den, Loft, Living Room, Kitchen
Levels
3
Exterior
Lot Features
Corner Lot
Open Parking Spaces
10
Parking Spots
10
Parking Total
10
Stories
3
Waterfront Features
1/2 to 1 Mile To Beach
Financial
Tax Year
2024
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Multi Family in Lynn as of Jun 20, 2026
74
Multi Family Listed
108
Avg DOM
327
Avg $ / SqFt
$1,321,623
Avg List Price
Community
- Address431-433 Chatham Lynn MA
- CityLynn
- CountyEssex
- Zip Code01902
Subdivisions in Lynn
Similar Listings Nearby
Property Summary
- 431-433 Chatham Lynn MA is a Multi Family for sale in Lynn, MA, 01902. It is listed for $1,160,000 To schedule a showing of MLS#73447401 at 431-433 Chatham in Lynn, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Cameron Real Estate Group. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
431-433 Chatham
Lynn, MA