38 Chestnut Street

Lynn, MA 01902

$794,751
Price
9
Beds
3
Baths
5,391 Sq. Ft.
$147 / Sq. Ft.
5,391
Sq. Ft.
$147
per Sq. Ft.

Description

A three-family building fully occupied with total rent of $8000 dollars. It's a short sale. Short sale approved for $794,000. Quick closing Rush in your offers ! Group showing Friday from 3pm to 3-45pm, Group showing was done over two Fridays ago.A three-family building fully occupied with total rent of $8000 dollars. It's a short sale. Short sale approved for $794,000. Quick closing Rush in your offers ! Group showing Friday from 3pm to 3-45pm, Group showing was done over two Fridays ago.
  1. Listed by Ofemu Oratokhai • Home Equity Assets Realty, LLC

Property Details for 38 Chestnut Street

Town
Lynn
MLS Area
Lynn Common
Area
MA-Lynn-Lynn Common, MA-Lynn
Garage Spaces
1
Parking Spaces
4.00
Parking Spaces Total
5
LISTING UPDATED: 11/15/2024 03:25 PM

Property Details for 38 Chestnut Street

StatusActive
MLS #73305327
Days on Market59
Taxes$10,701 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1900
CountyEssex County

Building Information for 38 Chestnut Street

Stories5Residences3Year Built1900Building Size-Lot Size0.14 AC / 5,965 SF

Property Information for 38 Chestnut Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation
  • Living Area: 5391.0
  • SqFt with Basement: Yes
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Partial
  • 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
  • SpaYN: No
Exterior Features
  • Construction: Brick
  • Exterior Features: Porch - Enclosed, Deck
  • Lot Description: Easements
  • Patio And Porch Features: Enclosed, Deck
  • Roof Material: Shingle, Reflective Roofing-ENERGY STAR
Parking Features
  • Covered Spaces: 1.00
  • Garage: Yes
  • Garage Parking: Paved Drive
  • Open Parking: Yes
  • Parking Features: Paved Drive
Utilities
  • Electric: 110 Volts
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
Tax Information
  • Listing Terms: Contract, Lender Approval Required
  • Tax ID: M:094 B:601 L:005,2002857
  • Assessments: $1,016,200
  • Book: 18776
  • Tax Year: 2024
  • Zoning: R4
Building / Association Information
Living Characteristics
  • Beds Total: 9
  • Total Living Levels: 5
Other Building Characteristics
  • Foundation: Concrete Perimeter, Block
  • Foundation Area: 2850.0
  • Cooling Units: 3
  • Heat Units: 3
Income / Expenses
  • GOI: $90,000.00
  • NOI: $90,000.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 0
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 2
Unit 3 Description
  • Levels U3: 3
Rental Info
Rental Info
  • Total Actual Rent: $7,500.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.2
  • Selling Broker Comp: 0
  • Other Agent Compensation: 0

Property History for 38 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 38 Chestnut Street

Taxable ValueLand$187,900Additions$828,300Total$1,016,200
Tax Record2024$10,701 ($892 / month)
Home Facts
Baths3Total Finished SqFt5,391 SqFtAbove Grade Finished SqFt5,391 SqFtUnfinished Basement SqFt1,797 SqFtStories3Lot Size5,965 SqFtStyleTriplexYear Built1900Year Renovated1964ZoningR4CountyESSEXAPNLYNN M:094 B:601 L:005

Schools near 38 Chestnut Street

This home is within Lynn School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 1 to 5
Public - 6 to 8
Public - 6 to 12
Rating
School
Distance
Harrington Elementary School
PublicPK 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.

Similar Homes

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38 Chestnut Street is a multi-family home for sale in Lynn, MA 01902. This property was listed for sale on October 23, 2024 by Home Equity Assets Realty, LLC, it's currently listed at $794,751. It has been on the market for a total of 59 days and was last sold on March 11, 2003. This listing's school district is Lynn School District. Nearby schools include Harrington Elementary School, William R Fallon and Thurgood Marshall Middle School. 38 Chestnut Street is a 9-bed, 3-bath, 5,391 sqft multi-family home built in 1900.

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.

Listing Courtesy of Home Equity Assets Realty, LLC, Ofemu Oratokhai

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.