3-5 Chatham Street Lynn — Photo 1 of 25
$929,000
Investment Analysis — 3-5 Chatham Street
Lynn, MA 01902
Based on rent reported on the MLS listing, a 3-unit multi-family in 01902 carries $4,400/mo in gross rent — about a 3.14% cap rate and $29,197/yr in estimated NOI at the $929,000 list price. Adjust every assumption in the calculator below.
Beds
9
Baths
3
SqFt
4,080
Style
3 Family - 3 Units Up/Down
Built
1900
At 3-5 Chatham Street in Lynn, MA, discover a 4080 square foot multi-family property, built in 1900, offering an inviting home ready for immediate occupancy. This expansive residence presents a unique opportunity for flexible living arrangements and investment potential, blending historical charm with contemporary comfort across its three stories. With nine bedrooms, this property offers ample private retreats for residents, ensuring comfort and personal space. The three full bathrooms are thoughtfully appointed, providing convenience and functionality for a multi-family lifestyle. Beyond the interiors, a private yard offers a tranquil escape, complemented by an outdoor dining area perfect for al fresco meals and entertaining. A charming patio and porch extend the living space outdoors, inviting relaxation and enjoyment of the surroundings. The property also includes a basement, providing additional utility and storage options. This property offers an exceptional blend of space and versatile features, ready to support a vibrant multi-family lifestyle.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator
Neighborhood
Public Transportation • Laundromat • House of Worship • Public School • T-Station
Geography
Listing Agent: Elba Rojas
Listing Office: Boston Realty Services and Partners, LLC
MLS® Number: 73572118