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
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Compass
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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Status changed to Withdrawn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.
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