3-5 Chatham St

Lynn, MA 01902

$780,000
Last Sold Price
9
Beds
4,080 Sq. Ft.
$191 / Sq. Ft.
4,080
Sq. Ft.
$191
per Sq. Ft.

Description

Investment opportunity! Spacious 3 family home resided in 2018 situated in a prime location close to Lynn Beach and major transportation routes; each unit consists of over 1,100 sq ft of living space containing 3 bedrooms,1 full bathroom, living room, dining room, kitchen. Each unit has 2 zone heating by forced hot water by gas, the spacious basement allows for plenty of clean dry storage and houses 3 brand new 40 gallon hot water tanks. Each unit has 100 amps. Property being sold "as is." Group...Investment opportunity! Spacious 3 family home resided in 2018 situated in a prime location close to Lynn Beach and major transportation routes; each unit consists of over 1,100 sq ft of living space containing 3 bedrooms,1 full bathroom, living room, dining room, kitchen. Each unit has 2 zone heating by forced hot water by gas, the spacious basement allows for plenty of clean dry storage and houses 3 brand new 40 gallon hot water tanks. Each unit has 100 amps. Property being sold "as is." Group showings by appointment only on Wed 10/7 5pm-6pm. Open House Sat 10/10 12pm-3pm. All offers due by Monday 10/12 by 5pm.
  1. Listed by DiVirgilio Homes • RE/MAX 360
  2. Listed by Jacob VanMeter • RE/MAX 360

Property Details for 3-5 Chatham Street

Town
Lynn
Area
MA-Lynn
Garage Spaces
0
Parking Spaces
.00
LISTING UPDATED: 08/06/2022 07:31 AM

Property Details for 3-5 Chatham Street

StatusSold
MLS #72736220
Days on Market30
Taxes$7,504 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1900
CountyEssex County

Location

Listing Courtesy of RE/MAX 360, DiVirgilio Homes; RE/MAX 360, Jacob VanMeter

Sold By Keller Williams Realty, The Liriano Team

Add your commute

Building Information for 3-5 Chatham Street

Stories6Residences3Year Built1900Building Size-Lot Size0.07 AC / 2,923 SF

Payment Calculator

$4,712 per month

30 year fixed, 6.845% Interest

Principal and Interest

$4,087

Property Taxes

$625

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3-5 Chatham Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Park, Laundromat, House of Worship, Public School, T-Station
  • Current Financing: Conventional
  • Living Area: 4080.0
  • Color: Beige
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater, Utility Connections for Gas Range
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood
  • Interior Features: Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room
  • Laundry Features: Unit 1(Washer & Dryer Hookup)
Exterior Features
  • Lot Description: Other
  • Roof Material: Tar/Gravel
  • Waterfront Features: Beach Front, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: On Street Permit
  • Open Parking: Yes
  • Parking Features: On Street Permit
  • Parking Features: On Street Permit
Utilities
  • Cooling: Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC)
  • Cooling: Yes
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating: Unit 1(Hot Water Baseboard), Unit 2(Hot Water Baseboard), Unit 3(Hot Water Baseboard)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Disclosures: Property being sold "as is." Buyer and buyers agent to do own due diligence.
Tax Information
  • Tax ID: M:094 B:541 L:014,2000826
  • Assessments: $560,000
  • Book: 17150
  • Tax Year: 2020
  • Zoning: BD
Building / Association Information
Living Characteristics
  • Beds Total: 9
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
  • Heat Units: 1
  • Heat Zones: 2
Income / Expenses
  • Electricity: $750.00
  • Annual Expenses Source: Owner
  • GOI: $61,200.00
  • Insurance: $1,780.00
  • GRE: $13,034
  • MGF: $0
  • MSE: $0
  • NOI: $48,166.00
  • Operating Expense: $13,034.00
  • WSE: $3,000.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $5,100.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2%
  • Other Agent Compensation: 0

Property History for 3-5 Chatham Street

DateEvent & SourcePriceAppreciation
Nov 25, 2020

Sold

MLS PIN #72736220

$780,000—
Oct 13, 2020

Under Agreement

MLS PIN #72736220

—
Oct 13, 2020

Contingent

MLS PIN #72736220

—
Oct 1, 2020

Listed (Active)

MLS PIN #72736220

$750,000—
DateEvent & SourcePrice
11/25/2020

Sold

MLS PIN #72736220

$780,000
10/13/2020

Under Agreement

MLS PIN #72736220

—
10/13/2020

Contingent

MLS PIN #72736220

—
10/01/2020

Listed (Active)

MLS PIN #72736220

$750,000

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

Schools near 3-5 Chatham 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
Brickett Elementary School
PublicK to 5

William R Fallon Elementary School
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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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 RE/MAX 360, DiVirgilio Homes; RE/MAX 360, Jacob VanMeter

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.