431-433 Chatham Lynn, MA

$1,160,000
Beds 4
Baths 3
Square Feet 3,442
Acres 0.10
Photo of 431-433 Chatham Lynn MA 01902




Description

Exceptional fully renovated four-unit mixed-use property in the heart of East Lynn, offering strong income, flexibility, and owner-user potential. The building features two street-level commercial spaces and two updated residential apartments. Each commercial unit includes a private restroom and dedicated basement storage, ideal for retail, office, salon, or service businesses. The residential component consists of a spacious 2-bedroom, 1-bath apartment with an open-concept layout and large private deck, delivered vacant, plus a 1-bedroom, 1-bath apartment with a private deck currently occupied by a tenant-at-will paying $2,450/month and willing to renew. The smaller commercial unit is leased at $1,800/month on a 3-year term with annual rent increases, while the larger commercial space generates $2,300/month and may be delivered vacant at closing. Additional highlights include 10–12 on-site parking spaces, ample street parking, and significant upside for investors or owner-occupants se


Listed by Compass, Stephen Dixon

Details

MLS 73447401
Status Active
Price $1,160,000
DOM 325 days
Type Multi-Family
Beds 4
Baths 2 full, 2 half baths
Square Feet 3,442 sqft
Lot Size 0.10 acres
Year Built 1900

Lot & Building Features

Sewer Public Sewer
Tax Year 2024
Water Public
Foundation Concrete Perimeter
Interior Features Office/Den, Loft, Living Room, Kitchen
Full Baths 2
Half Baths 2
Total Rooms 14
Basement Feature Partial
Garage Spaces 0
Waterfront 1/2 to 1 Mile To Beach

Map

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Financing

$
20%
1%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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