246-248 Chatham Street, Lynn MA 01902

Lynn, MA 01902
$1,000,000
Est. $5,322/month
9
Beds
3
Baths
4,062
Sq Ft
$246
Price/Sq Ft
0.06
Acres
1900
Year Built
3 Family
Type
10
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73338374

About this home

Oversized, well-cared for 3-family property has great spaces for you, your family and/or your tenants! Each sizable apartment offers approx. 1,350 SQ FT of living space, 3 bedrooms, separate dining rooms, 2-room kitchens, and more great features such as the tall ceilings, hardwood flooring, build-ins (dining rooms), washer/dryer hookups, and large windows letting in tons of natural light! In addition to the combined 4,000+ SQ FT of living space, you’ll find more bonus features here, including a new roof (2 years) and some updates to select apartments (e.g. flooring, kitchen cabinets), separate utilities, the tall/wide/open basement, and parking. The icing on the cake is the front porch; sprawling rear deck and balconies; and the backyard offering tremendous opportunities for outdoor living in this multifamily setting. Come see if this is your next home or investment!

Sale Statistics

Sale Overview
Original List Price: $995,000
Final Sale Price: $1,000,000
Difference: +$5,000 (+0.5%)
Performance Metrics
100.5%
List to Sale Ratio
Sold above asking price
10
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $245
Sale $/sq ft: $246
This property sold for $246 per square foot
Sale Summary

This property sold for 0.5% above the original asking price, indicating strong buyer demand.

With only 10 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
3 Family
Property Category
Residential Income
Year Built
1900
Bedrooms
9
Full Bathrooms
3
Living Area
4,062 sq ft
Total Rooms
18
Stories
4
Levels
4

Interior Features

Flooring
Wood, Tile, Laminate
Has Fireplace
No
Basement Details
Full
Accessibility Features
Accessible Entrance

Exterior & Structure

Roof
Rubber
Foundation
Stone, Brick/Mortar
Exterior Features
Balcony
Patio/Porch Features
Porch, Deck
Fencing
Fenced/Enclosed, Fenced
Has Spa
No
Waterfront Features
1 to 2 Mile To Beach
Waterfront Property
No

Lot & Land

Lot Size
0.06 acres
Lot Size
2,679 sq ft
Lot Size Area
0.0600
Lot Features
Other
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Paved Drive

Utilities & Systems

Utilities Available
for Electric Range
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping, Park, Laundromat, House of Worship, Private School, Public School, T-Station, University
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$8,373
Tax Year
2025
Tax Assessed Value
$808,200
Parcel Number
M:096 B:505 L:020,1999676
Zoning
B

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Property is occupied. Long-term tenants. All tenancy-at-will (See attached)
Listing Terms
Contract

Location

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Neighborhood

246-248 Chatham Street, Lynn MA 01902

Lynn, MA 01902

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $698
Homeowners Insurance $200
PMI $0

Property History

Market Insights

0.5%
Price Range
13
Total Days on Market

Property Timeline

Sold
May 15, 2025
$1,000,000
Property sold
Days on Market: 13
🏠
Listed for Sale
Feb 26, 2025
$995,000
Original listing
Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Feb 26, 2025 New Listing Added $995,000

Market Statistics

Days on Market
10 days
Price per Sq Ft
$246

Tax History

Year Taxes Assessment
2025 $8,373 $808,200

Financial Details

Annual Property Tax
$8,373
Tax Year 2025
Assessed Value
$808,200

Listing Information

Listing Agent Gilouse Vincent
Listing Office Leading Edge Real Estate
Agent MLS ID BB700268
Office MLS ID AN4637

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