$3,300,000 ($238.96 per sqft)

Est. Mortgage $16,687/mo *

Quick Pre-Approval

505-509 Chatham, Lynn, MA, 01902

505-509 Chatham, Lynn, MA, 01902

99 rooms

22 beds

12 Full baths

1910

13,810 sqft

505 Chatham Street, Lynn, MA is a solid investment opportunity featuring a 12-unit brick building on a large lot with 12 parking spaces. The apartments consist mostly of spacious 2-bedroom units, with a couple of 1-bedroom units, all fully deleaded. Many windows have been recently replaced, and the property includes coin-operated laundry in the basement, adding extra income potential. This well-maintained property offers strong rental income and excellent cash flow, making it a standout in Lynn's rental market


Status:

Active

Type:

Multi-family

Units:

12

Zoning:

R4

Levels:

3

Parking:

12-car

Acreage:

0.32

Est. Taxes:

$30,185

Assessment

$279,670

Lot Description:

Level

MLS #:

73319791


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Oleg Elisev, Greenville Real Estate Group, Inc. Phone: 617-983-8300