Renovated Multifamily Building Near
For Sale
$2,999,000
207 Chestnut St, Lynn, MA 01902
Newly renovated nine-unit building near transportation and local amenities.
Property SizeContact for details
Days on Market471
Property Features for 207 Chestnut St
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$19,721
Building Details
Year Built
2024
Listing Agency:
Whitty Real Estate
Listed By:
Patricia Graciano
Source:
Corcoran
Added: May 21, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Whitty Real Estate
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,977
Businesses Nearby
Explore this area
Business Placement
Demographics for 01902, MA
50,725
Population
19,655
Households
2.6
Avg Household Size
35
Median Age
20%
College-Educated
75%
High-School Grad
2.4 sq mi
ZIP Area
21,135
Density / Sq Mi
$66,755
Median Household Income
$39,506
Median Earnings
$1,571
Median Rent
$456,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
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.
