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391 Chatham Street, Lynn MA 01902

Lynn, MA 01902
$589,900
Est. $4,287/month
5,111
Sq Ft
$115
Price/Sq Ft
0.15
Acres
1880
Year Built
19
Days on Market
Active Listed Feb 5, 2026 • MLS# 73474621 Copied!

About this home

GREAT Opportunity - GREAT Price in this Mixed-Use property. Second floor residential unit offers 3-4 bedroom and two full baths, large roof deck. Front-to-back store front, ample off street parking off of side street, garage. Interior sprinkler system, rent well below market. Large footprint provides many possibilities. HIGH visibility - HIGH traffic area - HIGH foot traffic! Don't miss this amazing investment!

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Property Overview

Listing Type
Commercial Sale
Year Built
1880
Living Area
5,111 sq ft

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1880
Living Area 5,111 sq ft
Lot Size 0.15 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other None

Financial

Annual Tax $13,245

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1880
Structure Type:
Exterior Materials:
Roof: Rubber
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

391 Chatham Street, Lynn MA 01902

Lynn, MA 01902

Walkability

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Nearby Schools

School District
Lynn School District local
D
School Safety 2024-25
3.5% Above Average
3.0% Suspensions 0.3% In-School 0.1% Expulsions 0.4% Emergency
2.0% below state avg
E

Elementary Schools

10 schools
St. Pius V Elementary School
0.5 mi
Grades PK-08
The Hathaway School
0.7 mi
Grades PK-08
B-
KIPP Academy Lynn Charter School
0.9 mi | #197 of 346 | Score: 51.6
Improved 64 spots from last year
-6.6 below state avg
1,637 students Moderate
High Graduation Rate Rising School College Ready Curriculum
Grades K-12
North Shore Christian School
1.0 mi
Grades PK-08
C-
Lynn Vocational Technical Institute
1.5 mi | #284 of 346 | Score: 42.8
Improved 50 spots from last year
-15.5 below state avg
1,584 students Moderate
Early College Program Rising School Career Tech Programs
Grades PK-12
TEAMS Academy at Virginia Barton Center
1.8 mi
Grades PK-12
Sacred Heart Elementary School
1.9 mi
Grades PK-08
C
Hood School
0.1 mi | #617 of 824 | Score: 39.9
Improved 28 spots from last year
-18.3 below state avg
541 students Moderate
Rising School
Grades PK-05
A-
Aborn School
0.4 mi | #226 of 824 | Score: 53.5
Improved 252 spots from last year
-4.7 below state avg
224 students Diverse
Rising School Diverse Student Body
Grades K-05
C-
Ingalls School
0.5 mi | #673 of 824 | Score: 37.3
Improved 125 spots from last year
-20.9 below state avg
719 students Moderate
Rising School
Grades K-05
M

Middle Schools

2 schools
C-
Thurgood Marshall Middle School
0.8 mi | #311 of 352 | Score: 30.5
Improved 40 spots from last year
-27.7 below state avg
1,310 students Moderate
Rising School
Grades 06-08
C+
Pickering Middle School
1.1 mi | #226 of 352 | Score: 38.6
Improved 81 spots from last year
-19.6 below state avg
583 students Diverse
Rising School
Grades 06-08
H

High Schools

6 schools
St. Mary's High School
1.2 mi
Grades 07-12
City Arts & Sciences Academy at Fecteau-Leary
1.3 mi
Grades 06-12
B
Fredrick Douglass Collegiate Academy
1.3 mi | #12 of 25 | Score: 33.4
Improved 330 spots from last year
-24.8 below state avg
235 students Moderate
Early College Program Rising School
Grades 06-12
D
Lynn English High School
0.2 mi | #318 of 346 | Score: 33.5
Improved 37 spots from last year
-24.8 below state avg
2,062 students Moderate
18 sports • 1,425 athletes
Early College Program Rising School Career Tech Programs Strong Athletics
Grades 09-12
B-
Harold Durgin Success Academy
1.3 mi | #16 of 25 | Score: 30.4
Improved 329 spots from last year
-27.8 below state avg
94 students Diverse
Rising School Career Tech Programs
Grades 09-12
C-
Classical High School
2.5 mi | #302 of 346 | Score: 37.9
Improved 51 spots from last year
-20.3 below state avg
1,795 students Moderate
Early College Program Rising School Career Tech Programs
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,104
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
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Current Rate
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+0.5% Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Feb 5, 2026
$589,900
Original listing
Agent: Wendy Carpenito Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

Price & Status History

Date Event Price Change
Feb 5, 2026 New Listing Added $589,900

Market Statistics

Days on Market
19 days
Price per Sq Ft
$115

Tax History

Year Taxes Assessment
2025 $13,245

Financial Details

Annual Property Tax
$13,245
Tax Year 2025

Listing Information

Listing Agent Wendy Carpenito
Listing Office Berkshire Hathaway HomeServices Commonwealth Real Estate
Agent MLS ID C8002906
Office MLS ID AN8238
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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391 Chatham Street, Lynn MA 01902 - Photo 1 391 Chatham Street, Lynn MA 01902 - Photo 2
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