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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.

More Info

Basic Information

  • Gross Income $168,360
  • Mls StatusNew
  • Parcel Number M:094 B:517 L:022,2000029

Building

  • Building Area Units Square Feet
  • Utilities Public Water, Public Sewer, Natural Gas Available
  • Year Built1873

Tax Information

  • Tax Year 2025
  • Taxes$14,238

Location

  • Address77-79 Chestnut Street
  • Building Number77-79
  • CountyEssex
  • NeighborhoodEast Lynn
  • StateMA
  • StreetChestnut Street
  • SubdivisionEast Lynn
  • TownLynn
  • Zip01902

Other

  • Date Listed06/19/2026
  • Farm Land Area Units Square Feet

Rooms

  • Bathroom5

Basic Information

  • List Price$1,850,000
  • MLS Number73538808
  • Modification Date06/19/2026

Property

  • Acreage0.13

Property Information

  • Living Area 3,384
  • Lot Size Square Feet 5,767
  • Lot Size Units Acres
  • Square Feet3,384

Map Location

Listed by Eugene L. Clements of Clements Realty Group

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN 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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