Here is your opportunity to own this solid, well cared for, three family home with easy beach access. This remarkable rental has long-term tenants with great history! The home features 3 large units (on separate levels) with 3 bedrooms, living room, dining room and kitchen on each level. Each kitchen features storage/pantry area and 1 full bath. Home has a full basement for ample storage and some off street parking. Property is a great location for commuters, students and beach-goers with opportunity for major financial return! All this home needs is a little elbow grease and updating to make this unique home shine. Recent updates/improvements include: rubber roof (10 yrs), removal of back porches (5 yrs), 2 new water heaters (1 week) front yard pavement (1 yr), Fence (1yr).
Off market
$1,020,500
54 Chestnut St, Lynn, MA 01902
9beds
3,978sqft
MultiFamily
Built in 1905
-- sqft lot
$1,020,500 Zestimate®
$257/sqft
$3,563 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced air, Gas
Features
- Basement: Unfinished
Interior area
- Total interior livable area: 3,978 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 3,049 sqft
Details
- Parcel number: LYNNM094B603L010
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Roof: Built-up
Condition
- Year built: 1905
Community & neighborhood
Location
- Region: Lynn
Other
Other facts
- Amenities: Public Transportation, Park, Private School, Public School
- App Dscrp 1: Range, Refrigerator
- App Dscrp 2: Range, Refrigerator
- Basement Feature: Full, Concrete Floor
- Construction: Frame
- Electric Feature: Circuit Breakers, 60 Amps/Less, 100 Amps, Individually Metered, Common
- Exterior: Vinyl
- Flooring: Wood, Vinyl, Wall To Wall Carpet, Tile, Hardwood, Varies Per Unit, Laminate
- Foundation: Fieldstone, Brick
- Hea Dscrp 1: Forced Air, Gas
- Hea Dscrp 2: Gas, Forced Air
- Hot Water: Natural Gas
- Lot Description: Paved Drive
- Rms Dscrp 1: Living Room, Dining Room, Kitchen
- Rms Dscrp 2: Living Room, Kitchen, Dining Room
- Road Type: Public
- Beach Description: Ocean
- Beach Miles To: 1/2 To 1 Mile
- Beachfront Flag: Yes
- App Dscrp 3: Range, Refrigerator
- Hea Dscrp 3: Gas, Forced Air
- Ife Dscrp 1: Hardwood Floors, Bathroom With Tub & Shower, Stone/Ceramic Tile Floor
- Rms Dscrp 3: Living Room, Kitchen, Dining Room
- Rnt Dscrp 1: Water
- Rnt Dscrp 2: Water
- Rnt Dscrp 3: Water
- Utility Connections: For Gas Range
- Year Round: Yes
- Roof Material: Rubber
- Mf Type: 3 Family - 3 Units Up/Down
- Ife Dscrp 3: Wall To Wall Carpet, Bathroom With Tub & Shower
Services availability
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Estimated market value
$1,020,500