171 Chatham St, Lynn MA 01902
Lynn, MA 01902
$699,900
Est. $4,270/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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Open House Schedule
08
Nov
Sunday, November 8
10:30 AM - 12:00 PM EST
07
Nov
Saturday, November 7
10:30 AM - 12:00 PM EST
About this home
Don’t miss this excellent opportunity to own a well-maintained 6-bedroom two-family property in Lynn at a great price! Featuring separate utilities, a maintenance-free exterior, and deleaded units with certificates, this property is an ideal opportunity for investors, owner-occupants, or extended families. The updated 2-bedroom unit offers newer appliances and cabinets and an updated bathroom, while the spacious 4-bedroom townhouse-style unit spans two floors and features a Large Living room with plenty of space to spread out. Set back off the main road, this low-maintenance property offers a strong rental history and will be delivered vacant, providing flexibility for its next owner. Conveniently located near schools, shopping, restaurants, and public transportation, this two-family home is a fantastic opportunity to add to your investment portfolio or owner-occupy while generating rental income.
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Recently Sold Nearby
Price & Status History
Market Insights
85.7%
Price Range
3
Previous Sales
Property Timeline
Listed for Sale
Nov 5, 2026
$699,900
Original listing
Office: RE/MAX 360
Previous Transaction - MLS #73241566
Full transaction history available when tracking began
Previously Sold
Jul 12, 2024
$625,000
MLS #73241566
Previous Transaction - MLS #71214799
Full transaction history available when tracking began
Previously Sold
Aug 26, 2011
$99,900
MLS #71214799
Previous Transaction - MLS #70329701
Full transaction history available when tracking began
Previously Sold
Jun 2, 2006
$257,000
MLS #70329701
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 11/05/2026 | 🏠 Listed for Sale | $699,900 | - | - | Original listing |
| 07/12/2024 | 🏷️ Previously Sold | $625,000 | - | - | MLS #73241566 |
| 08/26/2011 | 🏷️ Previously Sold | $99,900 | - | - | MLS #71214799 |
| 06/02/2006 | 🏷️ Previously Sold | $257,000 | - | - | MLS #70329701 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $6,369 | $618,320 |
Financial Details
Annual Property Tax
$6,369
Tax Year 2026
Assessed Value
$618,320
Facts & Features
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
1900
Living Area
1,931 sq ft
Lot Size
0.05 acres
Stories
3
Bedrooms
6
Full Baths
2
Total Rooms
10
Investment Metrics
Units
2
Unit 1 Rent
$2,300/mo · N
Unit 2 Rent
$3,200/mo · N
Total Monthly Rent
$5,500/mo
Gross Income
$66,000
Net Operating Income
$66,000
Operating Expenses
$6,000
Water/Sewer Expense
$2,500
Electric Expense
$500
Insurance Expense
$3,000
Cap Rate
9.43%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
Unfinished
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Paved Drive, Shared Driveway, Off Street
Total Spaces
2
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$6,369
Assessed Value
$618,320
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Certified Treated
Seller Disclosures
Shared Driveway That Leads To The 2 Parking Spots...expenses Are Ball Park Estimates...rent Amounts Are What These 2 Units Rented For This Year Before Becoming Vacant
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Essex
Property Overview
Property Type
Multi Family
Listing Type
For Sale
Year Built
1900
Bedrooms
6
Full Bathrooms
2
Living Area
1,931 sq ft
Total Rooms
10
Stories
3
Levels
3
Floor Layout
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Roof:
Foundation:
Stone
Stories:
3
Utilities & Systems
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
2
Parking Features:
Paved Drive, Shared Driveway, Off Street
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
Elementary Schools
10 schools
The Hathaway School
0.4 mi
Grades PK-08
B-
KIPP Academy Lynn Charter School
0.8 mi
|
#203 of 346
|
Score: 52.0
Improved 58 spots from last year
-6.2 below state avg
1,629 students
Moderate
High Graduation Rate
Rising School
College Ready Curriculum
Grades K-12
St. Pius V Elementary School
0.9 mi
Grades PK-08
C-
Lynn Vocational Technical Institute
1.4 mi
|
#292 of 346
|
Score: 41.8
Improved 42 spots from last year
-16.4 below state avg
1,566 students
Moderate
Early College Program
High Graduation Rate
Rising School
Career Tech Programs
Grades PK-12
North Shore Christian School
1.5 mi
Grades PK-08
Sacred Heart Elementary School
2.1 mi
Grades PK-08
TEAMS Academy at Virginia Barton Center
2.3 mi
27 students
Diverse
Grades PK-12
C-
Ingalls School
0.1 mi
|
#672 of 825
|
Score: 37.2
Improved 126 spots from last year
-21 below state avg
620 students
Less Diverse
Rising School
Grades K-05
C-
Brickett Elementary School
0.5 mi
|
#667 of 825
|
Score: 37.5
Improved 122 spots from last year
-20.7 below state avg
330 students
Moderate
Rising School
Grades K-05
C
Hood School
0.5 mi
|
#605 of 825
|
Score: 40.5
Improved 40 spots from last year
-17.7 below state avg
553 students
Moderate
Rising School
Grades PK-05
Middle Schools
2 schools
C-
Thurgood Marshall Middle School
0.3 mi
|
#311 of 352
|
Score: 30.7
Improved 40 spots from last year
-27.5 below state avg
1,190 students
Moderate
Rising School
Grades 06-08
C+
Pickering Middle School
1.6 mi
|
#229 of 352
|
Score: 38.5
Improved 78 spots from last year
-19.7 below state avg
539 students
Diverse
Rising School
Grades 06-08
High Schools
6 schools
B+
Fredrick Douglass Collegiate Academy
0.9 mi
|
#11 of 25
|
Score: 34.7
Improved 331 spots from last year
-23.5 below state avg
364 students
Moderate
Early College Program
Rising School
Grades 06-12
St. Mary's High School
1.1 mi
Grades 07-12
City Arts & Sciences Academy at Fecteau-Leary
1.2 mi
259 students
Moderate
Grades 06-12
D
Lynn English High School
0.6 mi
|
#315 of 346
|
Score: 35.5
Improved 40 spots from last year
-22.7 below state avg
1,727 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
1.2 mi
|
#16 of 25
|
Score: 30.4
Improved 329 spots from last year
-27.8 below state avg
98 students
Moderate
Rising School
Career Tech Programs
Strong Attendance
Grades 09-12
C-
Classical High School
2.7 mi
|
#304 of 346
|
Score: 37.5
Improved 49 spots from last year
-20.8 below state avg
1,513 students
Moderate
Early College Program
Rising School
Career Tech Programs
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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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
$531
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
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
171 Chatham St, Lynn MA 01902
Lynn, MA 01902
Listing Information
Listing Agent
Sean Connolly
Listing Office
RE/MAX 360
Office Phone
978-560-8500
Agent MLS ID
CN203965
Office MLS ID
AN8814
Listing Data Updated
Nov 5, 2026 8:07 AM EST
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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