$1,850,000
77-79 Chestnut Street
Lynn, MA, 01902
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.
Property Details
Price:
$1,850,000
MLS #:
73535799
Status:
Active
Beds:
13
Baths:
5
Type:
Multi Family
Subtype:
5-9 Family
Neighborhood:
eastlynn
Listed Date:
Jun 19, 2026
Finished Sq Ft:
5,368
Total Sq Ft:
5,368
Lot Size:
5,767 sqft / 0.13 acres (approx)
Year Built:
1900
Units:
5
Schools
Interior
Above Grade Finished Area
5368
Appliances
Range, Refrigerator
Bathrooms
5 Full Bathrooms
Heating
Natural Gas
Interior Features
Living Room, Kitchen
Levels
5
Exterior
Community Features
Public Transportation, Shopping, House of Worship, Private School, Public School
Construction Materials
Frame
Exterior Features
Rain Gutters
Open Parking Spaces
5
Open Parking YN
1
Parking Features
Paved Drive, Off Street
Parking Spots
5
Parking Total
5
Patio And Porch Features
Porch
Roof
Shingle
Stories
5
Waterfront Features
Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Financial
Tax Year
2025
Taxes
$15,107
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
- Address77-79 Chestnut Street Lynn MA
- CityLynn
- CountyEssex
- Zip Code01902
Subdivisions in Lynn
Similar Listings Nearby
Property Summary
- 77-79 Chestnut Street Lynn MA is a Multi Family for sale in Lynn, MA, 01902. It is listed for $1,850,000 To schedule a showing of MLS#73535799 at 77-79 Chestnut Street in Lynn, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Clements Realty 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.
77-79 Chestnut Street
Lynn, MA