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531- 531A Chatham St, Lynn MA 01904

Lynn, MA 01904
$695,000
Est. $4,259/month
4
Beds
2
Baths
1,290
Sq Ft
$539
Price/Sq Ft
0.11
Acres
1880
Year Built
Multi Family
Type
8 hours 18 minutes
Time on Market
Active Open House Listed Mar 24, 2026 • MLS# 73490600 Copied!

About this home

Two-Family Opportunity!!Welcome to this well-maintained two-family home in the heart of Lynn—perfect for both homeowners and investors alike! This property offers the ideal blend of comfort, functionality, and income potential. Each unit features beautiful hardwood floors throughout and an inviting open-concept layout that creates a bright and spacious feel. A finished attic provides additional flexible space—perfect for a home office, guest area.Step outside to your own private oasis! The backyard is designed for entertaining, complete with an exterior kitchen, charming gazebo, and a stunning fire pit—ideal for gatherings with family and friends year-round. Whether you’re looking to live in one unit and generate rental income from the other, or expand your investment portfolio, this property is a fantastic opportunity to offset your mortgage while enjoying a comfortable lifestyle. Conveniently located near local amenities, shop, schools, transportation and beach!

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Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1880
Bedrooms
4
Full Bathrooms
2
Living Area
1,290 sq ft
Total Rooms
8
Stories
2
Levels
2

Open House Schedule

28
Mar
Saturday, March 28
11:00 AM - 1:00 PM EDT
29
Mar
Sunday, March 29
11:00 AM - 1:00 PM EDT

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1880
Living Area 1,290 sq ft
Lot Size 0.11 acres
Bedrooms 4
Full Baths 2
Total Rooms 8

Interior

Heating None
Cooling None
Flooring Tile, Vinyl / Vct, Hardwood
Appliances None
Fireplace None
Basement Full
Laundry Gas Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Frame, Brick
Architecture None
Roof Shingle
Features Balcony
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch Porch, Deck, Patio

Parking

Features Paved Drive, Off Street
Total Spaces 6

Utilities

Electric 110 Volts
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Dryer, Washer Hookup

Financial

Annual Tax $6,533
Assessed Value $630,620

Interior Features

Flooring: Tile, Vinyl / VCT, Hardwood
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry: Gas Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1880
Structure Type:
Exterior Materials: Frame, Brick
Roof: Shingle
Foundation: Stone
Stories: 2

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony
Patio & Porch: Porch, Deck, Patio
Fencing: Fenced/Enclosed, Fenced
Other Structures: Cabana
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Total Parking Spaces: 6
Parking Features: Paved Drive, Off Street

Location

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Neighborhood

531- 531A Chatham St, Lynn MA 01904

Lynn, MA 01904

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
0.2 mi
Grades PK-08
North Shore Christian School
0.6 mi
Grades PK-08
B-
KIPP Academy Lynn Charter School
1.0 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
The Hathaway School
1.0 mi
Grades PK-08
TEAMS Academy at Virginia Barton Center
1.5 mi
Grades PK-12
C-
Lynn Vocational Technical Institute
1.6 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
Sacred Heart Elementary School
1.8 mi
Grades PK-08
C
Hood School
0.4 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
0.7 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
Robert L Ford School
0.7 mi | #614 of 824 | Score: 40.0
Improved 183 spots from last year
-18.2 below state avg
410 students Less Diverse
Rising School
Grades K-05
M

Middle Schools

2 schools
C+
Pickering Middle School
0.8 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
C-
Thurgood Marshall Middle School
1.1 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
H

High Schools

6 schools
City Arts & Sciences Academy at Fecteau-Leary
1.3 mi
Grades 06-12
St. Mary's High School
1.3 mi
Grades 07-12
B
Fredrick Douglass Collegiate Academy
1.5 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
0.4 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
2.3 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
Learn about these ratings
School data provided by BMN Schools

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Loan Amount
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $544
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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

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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
Mar 24, 2026
$695,000
Original listing
Agent: Best of Boston Living Team Office: LPT Realty, LLC

Price & Status History

Date Event Price Change
Mar 24, 2026 New Listing Added $695,000 —

Market Statistics

Time on Market
8 hours 18 minutes
Price per Sq Ft
$539

Tax History

Year Taxes Assessment
2026 $6,533 $630,620

Financial Details

Annual Property Tax
$6,533
Tax Year 2026
Assessed Value
$630,620

Listing Information

Listing Agent Best of Boston Living Team
Listing Office LPT Realty, LLC
Agent MLS ID TM361859
Office MLS ID AN8227
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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