475 Chestnut Street

Lynn, MA 01902

$879,000
Price
6
Beds
3
Baths
2,672 Sq. Ft.
$329 / Sq. Ft.
2,672
Sq. Ft.
$329
per Sq. Ft.

Description

Welcome to 475 Chestnut Street. This charming, three-family property offers comfort and convenience in an ideal location. Inside, you'll find classic hardwood floors throughout and a spacious 12 rooms — including 6 bedrooms and 3 baths. Outside, a newly paved driveway and 2-car garage with space for 6+ additional vehicles, ensures ample parking and storage. This property offers separate utilities in each unit, making it the perfect opportunity for additional rental income. Situated near schools,...Welcome to 475 Chestnut Street. This charming, three-family property offers comfort and convenience in an ideal location. Inside, you'll find classic hardwood floors throughout and a spacious 12 rooms — including 6 bedrooms and 3 baths. Outside, a newly paved driveway and 2-car garage with space for 6+ additional vehicles, ensures ample parking and storage. This property offers separate utilities in each unit, making it the perfect opportunity for additional rental income. Situated near schools, supermarkets, and public transportation — this property is a find. Don't miss out on this opportunity, schedule a showing today!
  1. Listed by The Sarkis Team • Douglas Elliman Real Estate - The Sarkis Team
  2. Listed by Richard W. Peterson • Douglas Elliman Real Estate - The Sarkis Team

Property Details for 475 Chestnut Street

Town
Lynn
Area
MA-Lynn
Garage Spaces
2
Parking Spaces
6.00
Parking Spaces Total
8

Location

Listing Courtesy of Douglas Elliman Real Estate - The Sarkis Team, The Sarkis Team; Douglas Elliman Real Estate - The Sarkis Team, Richard W. Peterson
Add your commute
LISTING UPDATED: 05/01/2024 03:35 AM

Property Details for 475 Chestnut Street

StatusUnder Agreement
MLS #73227988
Days on Market6
Taxes$8,472 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1910
CountyEssex County

Location

Listing Courtesy of Douglas Elliman Real Estate - The Sarkis Team, The Sarkis Team; Douglas Elliman Real Estate - The Sarkis Team, Richard W. Peterson
Add your commute

Building Information for 475 Chestnut Street

Stories6Residences3Year Built1910Building Size-Lot Size0.10 AC / 4,536 SF

Payment Calculator

$5,503 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,797

Property Taxes

$706

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 475 Chestnut Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Park, Bike Path, Public School
  • Living Area: 2672.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood
  • SpaYN: No
Exterior Features
  • Exterior Features: Porch
  • Lot Description: Level
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
  • Waterfront Features: Beach Front, 1 to 2 Mile To Beach
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Heating: Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Subject to the seller finding suitable housing. Tenants in units 1 and 3 are family/friends and are currently paying below-market rent. They are aware that the new owner will increase the rent or request that the units be vacated.
Tax Information
  • Tax ID: M:085 B:486 L:014,1999161
  • Assessments: $804,600
  • Book: 35151
  • Tax Year: 2024
  • Zoning: R1
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Heat Zones: 3
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: N
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 0

Property History for 475 Chestnut Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 475 Chestnut Street

Taxable ValueLand$180,000Additions$624,600Total$804,600
Tax Record2024$8,472 ($706 / month)
Home Facts
Baths3Total Finished SqFt2,672 SqFtAbove Grade Finished SqFt2,672 SqFtUnfinished Basement SqFt962 SqFtStories3Lot Size4,536 SqFtStyleTriplexYear Built1910Year Renovated1965ZoningR1CountyESSEXAPNLYNN M:085 B:486 L:014

Schools near 475 Chestnut Street

This home is within Lynn School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - 6 to 8
Public - 6 to 12
Rating
School
Distance
William R Fallon
PublicK to 5

Hood Elementary School
PublicK to 5

Thurgood Marshall Middle School
Public6 to 8

Fecteau-Leary Junior/Senior High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Douglas Elliman Real Estate - The Sarkis Team, The Sarkis Team; Douglas Elliman Real Estate - The Sarkis Team, Richard W. Peterson

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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 or leasing 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 or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.