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.

More Info

Basic Information

Gross Income $168,360
Mls StatusNew
Parcel Number 2000029
Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
Road Frontage DescriptionPaved

Tax Information

Tax Assessed Value $1,466,700
Tax Year 2025
Taxes$15,107

Parking

Open Parking YN Yes
Parking Features Paved Drive, Off Street
Parking Spaces5

Rooms

Bathroom5
Bathrooms Total Decimal 5
Bedrooms13
Full Bath5

Basic Information

List Price$1,850,000
MLS Number73535799
Modification Date06/19/2026
Property SubType5-9 Family

Location

Address77-79 Chestnut Street
Building Number77-79
CountyEssex
NeighborhoodEast Lynn
StateMA
StreetChestnut Street
SubdivisionEast Lynn
TownLynn
Zip01902

Building

BasementFull, Interior Entry, Concrete
Building Area Units Square Feet
Construction Materials Frame
FoundationStone
Levels 5
Patio And Porch Features Porch
Rooms23
Stories5
Units5
Year Built1900
Year Built Details Renovated Since
Year Built Source Public Records

Property

Acreage0.13

Interior

Interior Features Living Room, Kitchen

Exterior

Exterior Features Rain Gutters
RoofShingle

Utilities

Electric Expense 1992
Heat SystemYes
Heating Natural Gas
Sewer Public Sewer
Water Source Public

Property Information

Building Area Source Public Records
Living Area 5,368
Lot Size Square Feet 5,767
Lot Size Units Acres
Road Responsibility Public Maintained Road
Square Feet5,368

Amenities

AmenitiesPublic Transportation, Shopping, House of Worship, Private School, Public School
Appliances IncludedRange, Refrigerator
Other AmenitiesBasement

Water Body

Miles to Beach0.5
Waterfront Features Ocean,3/10 to 1/2 Mile To Beach, Beach Ownership(Public)

Legal

ZoningR2

Other

Date Listed06/19/2026
Farm Land Area Units Square Feet

Name

Your Email Address

Phone

Message Send me the deed for 77-79 Chestnut Street Lynn MA 01902 (ID#:73535799)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message Send me the survey or tax map for 77-79 Chestnut Street Lynn MA 01902 (ID#:73535799)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message I would like more information for 77-79 Chestnut Street Lynn MA 01902 (ID#:73535799)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Listing Tools

More Info

Basic Information

Tax Information

Parking

Rooms

Basic Information

Location

Building

Property

Interior

Exterior

Utilities

Property Information

Amenities

Water Body

Legal

Other

Map Location

Driving Directions

Newton, MA

Listing Tools

$/month over payments

Hi there! How can we help you?

Send to a friend

More Info

Basic Information

Tax Information

Parking

Rooms

Basic Information

Location

Building

Property

Interior

Exterior

Utilities

Property Information

Amenities

Water Body

Legal

Other

Map Location

Driving Directions

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

Newton, MA