77-79 Chestnut St Lynn, MA ^$ 1,850,000

77-79 Chestnut St

^$ 1,850,000

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77-79 Chestnut St

Lynn, MA, 01902

^$ 1,850,000

Bedrooms-- Baths5.0 Sq 3,384

Monthly Estimate*

^$ 11,391

77-79 Chestnut St, Lynn, MA 01902 - Image 1

Commercial Property for sale in Lynn, MA

for $1,850,000 with 5 full baths. This 3,384 square foot building was built in 1873 on a lot size of 0.13.

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.

Commercial Active

Price

^$ 1,850,000

Full Bath

Property Type

Commercial

Taxes

^$ 14,238

Style

5+ Residential

Lot Size

0.13

Year Built

1873

Town/City

Lynn

County/Region

Essex

MLS | Web ID

73538808

List By

Eugene L. Clements

Listing Agent

Clements Realty Group

Broker

Affordability Calculator

$12,577

Per Month

Monthly Principal & Interest: $11,391
Monthly Property Taxes: $1,187
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Trends

Commerical listings in Lynn, MA

Average List Price ^$1,586,979

Percent of Sale Price 14%

About Lynn, MA

92,878 Population

4% Since 2002

^$52,444 Median Income

37.53 Median Age

32% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
6/19/2026	$1,850,000		Listed Price

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77-79 Chestnut St, Lynn, MA, 01902 is a Commercial Property for sale at $1,850,000 with 3,384 sqft and a lot size of 0.13. 77-79 Chestnut St has 5.0 baths and was built in 1873. The property's zip code is 01902 which is in Lynn, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 6/22/2026.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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77-79 Chestnut St

Commercial Property for sale in Lynn, MA

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