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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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431-433 Chatham , Lynn, MA 01902
$1,160,000
Est. Payment: $2,577.78/mo
4 Bed
4 Bath
3442 Sqft
Status: Active | Days on site: 328
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AN2383 - CT008015
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House 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

Highlights

Listed by Stephen Dixon , 781-244-2853 Compass , 617-206-3333.

Property Type

Multi-Family

Lot/Acreage
0.1

Year Built

1900

County

Essex

Area

East Lynn

Listing ID

73447401

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:4
  • Full Bathrooms:2
  • 1/2 Bathrooms:2
Other:
  • Additional:Office/Den, Loft, Living Room, Kitchen
Water:Public

Exterior Features

Lot:Corner Lot,1/2 to 1 Mile To Beach
Garage Capacity:10
Zoning:b
Sewer:Public Sewer
Parking Features:Parking Spaces: 10
Principal Interest
$2,578
Taxes
$740

Home Price

$1,160,000

Loan Details

30 yrs
%

Down Payment

20%
$232,000
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Monthly Price:
$2,577.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,577.78 $739.50 $0.00 $3,317.28
Yearly $30,933.33 $8,874.00 $0.00 $39,807.33
Total $928,000.00 $266,220.00 $0.00 $1,194,220.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Lynn, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.