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391 Chatham Street, Lynn MA 01902

Lynn, MA 01902
$589,900
$399,900
Est. $3,326/month
5,111
Sq Ft
$78
Price/Sq Ft
0.15
Acres
1880
Year Built
155
Days on Market
Active Price Drop -$190,000 Listed Feb 5, 2026 • MLS# 73474621 Copied! • Updated Jul 3, 2026

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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A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

3
Price Changes
32.2%
Price Range

Property Timeline

Price Reduced
Jun 29, 2026
$399,900 $100,000 (-20%)
From $499,900 to $399,900 (-20.0%)
Price Reduced
Apr 21, 2026
$499,900 $30,000 (-5.66%)
From $529,900 to $499,900 (-5.7%)
Price Reduced
Mar 13, 2026
$529,900 $60,000 (-10.17%)
From $589,900 to $529,900 (-10.2%)
🏠
Listed for Sale
Feb 5, 2026
$589,900
Original listing
Agent: Wendy Carpenito Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

Tax History

Year Taxes Assessment
2025 $13,245

Financial Details

Annual Property Tax
$13,245
Tax Year 2025

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1880
Living Area 5,111 sq ft
Lot Size 0.15 acres
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other None

Financial

Annual Tax $13,245
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Property Sold As-is. Agent And Their Buyers To Do Their Due Diligence And Verify All Information. City Of Lynn States It Is In A B2 Zone
Possession None
Accepted Financing None
Structure Type []
Documents None
County Essex

Property Overview

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

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

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:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
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
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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.

Location

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Neighborhood

391 Chatham Street, Lynn MA 01902

Lynn, MA 01902

Listing Information

Listing Agent Wendy Carpenito
Listing Office Berkshire Hathaway HomeServices Commonwealth Real Estate
Office Phone 781-233-7300
Agent MLS ID C8002906
Office MLS ID AN8238
Listing Data Updated Jul 3, 2026 1:20 PM EDT
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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