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77-79 Chestnut Street, Lynn MA 01902

Lynn, MA 01902 • East Lynn
$1,850,000
Est. $10,814/month
13
Beds
5
Baths
5,368
Sq Ft
$345
Price/Sq Ft
0.13
Acres
1900
Year Built
5-9 Family
Type
10 hours 21 minutes
Time on Market
Active Listed Jun 19, 2026 • MLS# 73535799 Copied!

About this home

Amazing Investment Opportunity! Completely renovated in 2023, this turnkey five-unit property offers strong income potential and peace of mind for investors. Major improvements include a new roof, new siding, updated electrical systems, five new heating systems, five new water heaters, new windows, and numerous additional upgrades throughout. The property features an attractive unit mix consisting of three spacious three-bedroom apartments and two well-appointed two-bedroom apartments. Additional highlights include off-street parking, de-lead compliance certificates for all units, and low-maintenance ownership with significant capital improvements already completed. A rare opportunity to acquire a fully updated multifamily asset with excellent rental appeal and long-term investment value.

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Public Records

Current Owner

Owner CHESTNUT STREET REALTY TRUST
Mailing Address 179 LEWIS ST, LYNN, MA, 01902

Land Use

Use Code 111
Description Apartments (4-8 units)
Zoning R2
Style MULTI 111

Tax Information

Assessed Value $1,374,300

Assessment History

Year Land Building Total Change
FY2026 $195,400 $1,178,900 $1,374,300 —

Sale History

Date Price Book/Page
Oct 22, 2010 $255,000 29892/67

Building Permit History

Permit history not yet available for this municipality.

Municipal Context: LYNN

Property Data Comparison

Discrepancies found between MLS and assessor records.

Field Assessor MLS Match
Sqft 8,012 5,368 ✗
Year built 1,873 1,900 ✗
Match: geocode_proximity (88.8% confidence) · Data as of Jun 19, 2026

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
13
Full Bathrooms
5
Living Area
5,368 sq ft
Total Rooms
23
Stories
5
Levels
5

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1900
Living Area 5,368 sq ft
Lot Size 0.13 acres
Bedrooms 13
Full Baths 5
Total Rooms 23

Interior

Heating Natural Gas
Cooling None
Flooring None
Appliances Range, Refrigerator
Fireplace None
Basement Full, Interior Entry, Concrete
Laundry None
Features Living Room, Kitchen

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Porch

Parking

Features Paved Drive, Off Street
Total Spaces 5

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $15,107
Assessed Value $1,466,700

Interior Features

Flooring:
Appliances: Range, Refrigerator
Interior Features: Living Room, Kitchen
Windows:
Basement: Full, Interior Entry, Concrete
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 5

Heating, Cooling & Utilities

Heating: Natural Gas
Heating Zones: 5
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 5
Parking Features: Paved Drive, Off Street

Location

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Neighborhood

East Lynn

77-79 Chestnut 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
The Hathaway School
0.7 mi
Grades PK-08
B-
KIPP Academy Lynn Charter School
0.7 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
C-
Lynn Vocational Technical Institute
1.2 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
St. Pius V Elementary School
1.2 mi
Grades PK-08
North Shore Christian School
1.8 mi
Grades PK-08
Sacred Heart Elementary School
2.0 mi
Grades PK-08
TEAMS Academy at Virginia Barton Center
2.6 mi
Grades PK-12
C-
Brickett Elementary School
0.2 mi | #688 of 824 | Score: 36.3
Improved 101 spots from last year
-21.9 below state avg
318 students Moderate
Rising School
Grades K-05
C-
E. J. Harrington Elementary School
0.3 mi | #717 of 824 | Score: 34.2
Improved 76 spots from last year
-24 below state avg
687 students Moderate
Rising School
Grades PK-05
C-
Ingalls School
0.4 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
0.4 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
1.8 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
H

High Schools

6 schools
B
Fredrick Douglass Collegiate Academy
0.6 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
St. Mary's High School
0.9 mi
Grades 07-12
City Arts & Sciences Academy at Fecteau-Leary
1.1 mi
Grades 06-12
D
Lynn English High School
0.8 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
1.1 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
2.6 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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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,259
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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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
Jun 19, 2026
$1,850,000
Original listing
Agent: Eugene L. Clements Office: Clements Realty Group

Price & Status History

Date Event Price Change
Jun 19, 2026 Sold $1,850,000 —
Jun 19, 2026 New Listing Added $1,850,000 —

Market Statistics

Time on Market
10 hours 21 minutes
Price per Sq Ft
$345

Tax History

Year Taxes Assessment
2025 $15,107 $1,466,700

Financial Details

Annual Property Tax
$15,107
Tax Year 2025
Assessed Value
$1,466,700

Listing Information

Listing Agent Eugene L. Clements
Listing Office Clements Realty Group
Agent MLS ID C8000525
Office MLS ID C95263
Listing Data Updated Jun 19, 2026 3:05 AM 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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