227 Chestnut StreetLynn, MA 01905MLS Number 72809072

  • Price: $809,900
  • Est. Mortgage of $/month
  • 8 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 3.13% last updated on Apr 8, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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227 Chestnut Street Lynn MA 01905227 Chestnut Street Lynn MA 01905227 Chestnut Street Lynn MA 01905227 Chestnut Street Lynn MA 01905227 Chestnut Street Lynn MA 01905227 Chestnut Street Lynn MA 01905227 Chestnut Street Lynn MA 01905227 Chestnut Street Lynn MA 01905227 Chestnut Street Lynn MA 01905
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  • 9Bedrooms
  • 0.06Acreage
  • 3Bathrooms
  • 1890Year Built

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Large 3 family that can generate lots of income offering you a 7.2-7.5 cap. All 3 units are 3 bed 1 bath. It has been fully rented through Lynn housing for 4 years. Each unit can get 1950-2K per month in rental income with water/sewer paid by owner. Fully rented it would generate 71K gross rental per year. Expenses are roughly 13,500 per year for water/taxes/common electric. Renovated in 2011, and has been well maintained since then. Large year yard to play. Currently unit 3 is vacant, unit 2 will be vacant on May 1, unit 1 is rented with a TAW at 1,950 per month through Lynn housing (inc: gas/heat). Excellent opportunity for owner occupied person to take unit 2 or 3 and have rental income of $4K per month. GROUP SHOWING SATURDAY 4/10 MESSAGE AGENT FOR TIME SLOT

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Windhill Realty
Windhill Realty
Office: 978.356.8922
16 Market Street
Ipswich, MA 01938

More Info

Parking

  • Garage Spaces
  • Parking Spaces
  • Total Parking Spaces

Building

  • Year Built1890
  • ConstructionFrame
  • Bathroom3
  • Full Bath3
  • Bedrooms9
  • Total Brs9
  • Total Fbh3
  • Total Flrs6
  • Total Levels3
  • No Rooms15
  • Total Rms15
  • Total Rooms15
  • Levels3
  • Levels 11
  • Levels 21
  • Levels 31
  • BasementYes
  • Bedrms 13
  • Bedrms 23
  • Bedrms 33
  • FoundationFieldstone
  • DirectionGoogle maps
  • Rms 15
  • Rms 25
  • Rms 35
  • Lead PaintCertified Treated
  • Units3

Water Body

  • WaterfrontNo
  • BeachfrontNo

Other

  • Wse1800
  • WarrantyNo
  • Year Built DescrpActual
  • Apod AvailableNo
  • Insc3200
  • Rme500
  • Noi45600

Basic Information

  • Property Type3 Family - Rooming House
  • Date Listed04/06/2021
  • List Price$809,900
  • Price Per Sq Ft$247
  • Status Date2021-04-06T09:05:00
  • MLS Number72809072
  • MLS StatusActive

Interior

  • Rms Dscrp 2Living Room, Kitchen
  • Rms Dscrp 1Living Room, Kitchen
  • App Dscrp 2
    • Dishwasher
    • Disposal
    • Freezer
    • Microwave
    • Range
    • Refrigerator
  • App Dscrp 1
    • Dishwasher
    • Disposal
    • Freezer
    • Microwave
    • Range
    • Refrigerator
  • Basement FeatureFull
  • F Bths 21
  • F Bths 11
  • Hea Dscrp 1Central Heat, Forced Air
  • F Bths 31
  • Hea Dscrp 2Central Heat, Forced Air
  • Flrs 11
  • Flrs 22
  • Flrs 33
  • FlooringWood

Utilities

  • Elec480
  • WaterCity/Town Water
  • Hot WaterNatural Gas
  • SewerCity/Town Sewer

Photos

  • Number of Photos9
  • Photo Date2021-04-06T09:05:00
  • Prop TypeMF

Location

  • Street Num227
  • Building Number227
  • StreetChestnut Street
  • TownLynn
  • StateMA
  • Zip01905
  • CountyEssex
  • Adult CommunityNo

Property

  • Acreage0.06
  • Lot Size2613
  • Square Feet3,276
  • Lease 1N
  • Lease 2N
  • Rnt Dscrp 2Gas, Water
  • Lot DescriptionLevel
  • Rent21850
  • Rent11950
  • Rnt Dscrp 1Gas, Water
  • Total Rent3800
  • Assessments999999
  • Main LoAN4487
  • Road TypePublic

Exterior

  • ColorYellow
  • ExteriorVinyl
  • Exterior FeaturesPorch - Screened
  • Roof MaterialRubber

Amenities

  • UsmAmenitiesBasement

Lynn, MA Demographics

There is no data available

Lynn, MA Real Estate Market Data

There is no data available

Lynn, MA Schools

School NameDistanceTypeGrades

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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