207 Chestnut Street

Lynn, MA 01902

$3,425,000
Price
16
Beds
12
Baths
9,000 Sq. Ft.
$381 / Sq. Ft.
9,000
Sq. Ft.
$381
per Sq. Ft.

Description

NEW & RENOVATED in 2024 & Solid CASH FLOW on Stabilized 9 Unit Building streets a few blocks off Swampscott and Kings Beach. Swampscott Commuter Rail and Central Square in Lynn each 4 min ride and 2 minute walk to bus stop. Chestnut Street is on bus line. Lots of conveniences including farmers market, restaurants, and local shops. Ingalls Elementary, Marshall Middle School and Fecteau-Leary Jr & Sr. High School nearby. Separate submeters, 23 Fenced Parking Spaces, unfinished Full Basement for potential...NEW & RENOVATED in 2024 & Solid CASH FLOW on Stabilized 9 Unit Building streets a few blocks off Swampscott and Kings Beach. Swampscott Commuter Rail and Central Square in Lynn each 4 min ride and 2 minute walk to bus stop. Chestnut Street is on bus line. Lots of conveniences including farmers market, restaurants, and local shops. Ingalls Elementary, Marshall Middle School and Fecteau-Leary Jr & Sr. High School nearby. Separate submeters, 23 Fenced Parking Spaces, unfinished Full Basement for potential upside. All new including: Sprinklered building, Navien H2o hots, natural gas hvacs, granite counters, laminate floors, mail & security Vestibule.
  1. Listed by Patricia Graciano • Whitty Real Estate
  2. Listed by Wendy R. Whitty • Whitty Real Estate

Property Details for 207 Chestnut Street

Town
Lynn
Area
MA-Lynn
Garage Spaces
0
Parking Spaces
23.00
Parking Spaces Total
23
LISTING UPDATED: 11/17/2024 03:10 AM

Property Details for 207 Chestnut Street

StatusActive
MLS #73312115
Days on Market4
Taxes$19,721 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built2024
CountyEssex County

Building Information for 207 Chestnut Street

Stories6Residences9Year Built2024Building Size-Lot Size0.29 AC / 12,471 SF

Property Information for 207 Chestnut Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 9000.0
  • SqFt with Basement: No
  • Total Units: 9
  • Waterfront: No
  • Year Built Details: Unknown/Mixed
  • Year Built Source: Appraiser
Features
Interior Features
  • Basement Features: Full
  • Num of Baths: 12.0
  • Num of Full Baths: 12
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 12.00
  • Bathrooms Total Integer: 12
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Vinyl
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Waterfront Features: Beach Front, Ocean, Walk to, Beach Ownership(Public)
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive
  • Open Parking: Yes
  • Parking Features: Paved Drive
Utilities
  • Electric: Other (See Remarks)
  • Green Energy Efficient: Thermostat
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: LISTING AGENT IS OWNER
Tax Information
  • Tax ID: 1999837
  • Assessments: $1,662,000
  • Book: 36769
  • Tax Year: 2024
  • Zoning: BD
Building / Association Information
Living Characteristics
  • Beds Total: 16
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Concrete Perimeter, Block
  • Cooling Zones: 1
Income / Expenses
  • GOI: $58,800.00
  • NOI: $58,800.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 3
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 3
Rental Info
Rental Info
  • Total Actual Rent: $4,900.00

Property History for 207 Chestnut Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 207 Chestnut Street

Taxable ValueLand$572,000Additions$1,300,800Total$1,872,800
Tax Record2024$19,721 ($1,643 / month)
Home Facts
Baths6Total Finished SqFt8,520 SqFtAbove Grade Finished SqFt8,520 SqFtUnfinished Basement SqFt2,840 SqFtStories3Lot Size12,471 SqFtStyleMulti-Family Res (5+ Units)Year Built1873ZoningBDCountyESSEXAPNLYNN M:095 B:510 L:017

Schools near 207 Chestnut Street

This home is within Lynn School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 1 to 5
Public - 6 to 8
Public - 6 to 12
Rating
School
Distance
Ingalls Elementary School
PublicK to 5

William R Fallon
Public1 to 5

Thurgood Marshall Middle School
Public6 to 8

Fecteau-Leary Junior/Senior High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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207 Chestnut Street is a multi-family home for sale in Lynn, MA 01902. This property was listed for sale on November 13, 2024 by Whitty Real Estate, it's currently listed at $3,425,000. It has been on the market for a total of 4 days and was last sold on June 7, 2018. This listing's school district is Lynn School District. Nearby schools include Ingalls Elementary School, William R Fallon and Thurgood Marshall Middle School. 207 Chestnut Street is a 16-bed, 12-bath, 9,000 sqft multi-family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Whitty Real Estate, Patricia Graciano; Whitty Real Estate, Wendy R. Whitty

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.