aisellshomes.space

$1,850,000

Active

77-79 Chestnut St

Lynn, MA, 01902

Commercial · MLS #73538808

Days on market

16 days

Lot size

0.13 ac

0.13 acres

Lot

About this home

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.

Location

77-79 Chestnut St, Lynn, MA, 01902

Property details

Parking
1-10 Spaces, Paved Driveway

Listed by Eugene Clements · Clements Realty Group

Schedule a showing

77-79 Chestnut St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$11,975 / month

Down payment20% · $370,000
Interest rate6.50%

Loan term

Principal & interest
$9,355
Property tax
$1,850
Home insurance
$771

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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