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207 Chestnut St Lynn, MA 01902

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For Sale
$2,999,000

Newly renovated nine-unit building near transportation and local amenities.

Building Details

Year built
2024
Source: Corcoran

Listing Agent: Patricia Graciano

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Renovated Multifamily Building Near Transportation

This newly renovated and stabilized nine-unit building is an investment opportunity. Originally approved for 11 units, the property features separate submeters and 23 fenced parking spaces. The unfinished full basement offers potential upside. The building is equipped with a sprinkler system, Navien H2o heaters, and natural gas HVACs. Interior finishes include granite counters and laminate floors. A mail security vestibule is also present. The property is located a few blocks from Swampscott and Kings Beach, with the Swampscott Commuter Rail and Central Square in Lynn each a 4-minute ride away. A bus stop is a 2-minute walk, and Chestnut Street is on a bus line. Nearby conveniences include a farmers market, restaurants, and local shops. Ingalls Elementary, Marshall Middle School, and Fecteau-Leary Jr Sr. High School are also in the vicinity.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lynn
County
Essex
State
Massachusetts
Longitude
-70.9381291
Latitude
42.4709417

FAQs

What type of property is this?
Apartment building - Newly renovated nine-unit building near transportation and local amenities.
Where is this apartment building located?
The property is located at 207 Chestnut St Lynn, MA.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: - Newly renovated and stabilized 9-unit building, originally approved for 11 units.; - Excellent location: close to Swampscott and Kings Beach, with convenient access to Swampscott Commuter Rail and bus lines.; - 23 Fenced Parking Spaces.
More about this property
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