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431-433 Chatham Lynn, MA 01902
4 Beds
3 Baths
3,442 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,442 sqft
Price per Sqft $337
MLS Listing ID 73447401
Bedrooms 4
Full Baths 2
Half Baths 2
Year Built 1900
Tax Year 2024
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type 4 Family
Property Description
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
Location
State MA
County Essex
Area East Lynn
Zoning b
Direction GPS 431 Chatham
Rooms
Basement Partial
Interior
Interior Features Office/Den, Loft, Living Room, Kitchen
Exterior
Waterfront Description 1/2 to 1 Mile To Beach
Total Parking Spaces 10
Garage No
Building
Lot Description Corner Lot
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Compass