About 431-433 Chatham
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
Features of 431-433 Chatham
| MLS® # | 73447401 |
|---|---|
| Price | $1,160,000 |
| Bedrooms | 4 |
| Bathrooms | 3.00 |
| Full Baths | 2 |
| Half Baths | 2 |
| Square Footage | 3,442 |
| Acres | 0.10 |
| Year Built | 1900 |
| Type | Residential Income |
| Sub-Type | 4 Family |
| Status | Active |
Community Information
| Address | 431-433 Chatham |
|---|---|
| Area | East Lynn |
| City | Lynn |
| County | Essex |
| State | MA |
| Zip Code | 01902 |
Amenities
| Parking Spaces | 10 |
|---|---|
| Is Waterfront | No |
| Waterfront | 1/2 to 1 Mile To Beach |
| Has Pool | No |
Interior
| Interior Features | Office/Den, Loft, Living Room, Kitchen |
|---|---|
| Fireplace | No |
| # of Stories | 3 |
| Stories | 3 |
Exterior
| Lot Description | Corner Lot |
|---|---|
| Foundation | Concrete Perimeter |
Additional Information
| Zoning | b |
|---|
Listing Details
| Agent | Stephen Dixon |
|---|---|
| Office | Compass |