aisellshomes.space

$1,160,000

Active

431-433 Chatham

Lynn, MA, 01902

Multi-Family · MLS #73447401

Price/sqft

$337

Days on market

45 days

Year built

1900

Lot size

0.10 ac

3,442 sq ft

Sq Ft

0.10 acres

Lot

1900

Year Built

Taxes: $0 (2024)

About this home

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

Price history

  1. Listed

    May 21, 2026 · 1 mo ago

    $1,275,000

  2. Price reduced

    Jun 3, 2026 · 1 mo ago

    $1,160,000

    Price upon request (-9.0%)

Location

431-433 Chatham, Lynn, MA, 01902

Property details

Basement
Partial

Listed by Stephen Dixon · Compass

Schedule a showing

431-433 Chatham

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$7,509 / month

Down payment20% · $232,000
Interest rate6.50%

Loan term

Principal & interest
$5,866
Property tax
$1,160
Home insurance
$483

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).

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