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431-433 ChathamLynn, MA 01902

For Sale

$1,160,000

Smart Buyer Rebate $5,800

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 Stephen Dixon

·

Compass

·

781-244-2853

Last updated June 06, 2026

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Source: MLSPin #73447401

Listing Facts

  • TypeMulti-family
  • NeighborhoodChatham Street
  • Bedrooms4
  • Bathrooms4
  • Days on Prevu236
  • Size3,442 sqft
  • Price per sqft$337

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

06/02/2026
Price Decreased
$1,160,000
05/19/2026
Status changed to Active
$1,275,000
05/12/2026
Status changed to Withdrawn
$1,275,000
11/12/2025
Price Decreased
$1,275,000
10/23/2025
Listed by Compass
$1,300,000

Property Details for 431-433 Chatham

Exterior

Construction

  • Number Of Units Total: 4
  • Stories: 3
  • Stories Total: 3
  • Year Built: 1900
  • Year Built Details: Actual

Features

  • Waterfront Features: 1/2 To 1 Mile To Beach

Measurements

  • Building Area Total: 3,442
  • Building Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.10
  • Lot Size Area: 0
  • Lot Size Square Feet: 4,500
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $29,400.00

Taxes

  • Parcel Number: 1998175
  • Tax Assessed Value: $622,500.00
  • Tax Year: 2024

Interior

Features

  • Interior Features: Office/Den, Loft, Living Room, Kitchen

Measurements

  • Living Area: 3,442
  • Living Area Source: Public Record

Rooms

  • Basement: Partial
  • Bathrooms Full: 2
  • Bathrooms Half: 2
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 4
  • Rooms Total: 14

Parking

Parking

  • Open Parking Spaces: 10
  • Parking Total: 10

Utilities

Equipment

  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 4 bedrooms and 4 bathrooms in this multi-family home at 431-433 Chatham.

Does this multi-family home have parking?

Yes, there are 10 parking spaces available for 431-433 Chatham.

How does 431-433 Chatham compare to other multi-family homes in Chatham Street?

This multi-family home is listed 64% below the average price for multi-family homes in Chatham Street and has been on the market for 188 more days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,442 sqft.

431-433 Chatham is a 4-bedroom, 4-bath multi-family home for sale in Lynn MA 01902. Listed on Prevu for 236 days at $1,160,000. This includes a recent price decrease of $115,000. This residence features 3,442 square feet of living space, located in Lynn. The median listing price for multi-family homes in this area is $1,879,950. The home offers parking. View other multi-family home listings in Lynn.

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, landlords 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, leasing or renting 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, leasing or renting. 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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.