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You are here:
Home Massachusetts Lynn Multi-Family Homes for Sale

431-433 Chatham Lynn, MA 01902

43 Days on Boston Pads
Price Reduced $25,000
22 Photos
$1,275,000
4 Unit
4 Beds
4 Baths
3442 SQFT
0.10 Acre
431-433 Chatham
Lynn, MA 01902

Property Description

This fully remodeled four-unit mixed-use building is located in the heart of Lynn, Massachusetts. The property has been completely restored and features two first-floor commercial units and two residential apartments on the second floor. Each commercial unit includes a private bathroom and storage space in the partial basement and is suitable for retail, salon, or convenience store use. The residential units consist of one two-bedroom, one-bath apartment with an open-concept kitchen and large private deck, and one one-bedroom, one-bath apartment with an open-concept kitchen and outdoor deck. The one-bedroom unit is leased through December 31, 2025, for $2,450 per month, and all other units will be delivered vacant. The property offers parking for 10–12 vehicles with additional street parking available. Private showings begin on October 24. TXT Stephen for further details or to schedule an appointment.

Property Overview

Building Information

  • Total Units: 4
  • Total Floors: 3
  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Total Half Baths: 2
  • Basement Features: Partial
  • Common Rooms: Kitchen, Living Room, Loft, Office/Den

Financial

  • APOD Available: No
  • Gross Operating Income: 29400
  • Net Operating Income: 29400

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private
  • Sewer District: lynn

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Under Lease: Yes

Construction

  • Year Built: 1900
  • Type: 4 Family
  • Foundation Info: Poured Concrete
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73447401
  • Last Updated: 11/16/25

Date Event Price Price/Sq Ft Source
11/16/2025Active$1,275,000$370MLSPIN
11/16/2025Active$1,275,000$319MLSPIN
11/14/2025Active$2,300$2MLSPIN
11/14/2025Active$1,800$2MLSPIN
11/12/2025Price Change$1,275,000$370MLSPIN
11/12/2025Price Change$1,275,000$319MLSPIN
11/10/2025New$2,300$2MLSPIN
11/10/2025New$1,800$2MLSPIN
10/27/2025Active$1,300,000$378MLSPIN
10/27/2025Active$1,300,000$325MLSPIN
10/23/2025New$1,300,000$378MLSPIN
10/23/2025New$1,300,000$325MLSPIN

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Map & Resources

Hood School

Public Elementary School, Grades: PK-5

0.17mi

Lynn English High School

Public Secondary School, Grades: 9-12

0.21mi

St. Pius V Elementary School

Private School, Grades: PK-8

0.39mi

Aborn School

Public Elementary School, Grades: K-5

0.44mi

Lynn Fire Department

Fire Station

0.37mi

Keaney Park

Park

0.12mi

Floating Bridge Park

Municipal Park

0.37mi

Western Ave @ Chatham St

424
450

0.22mi

Western Ave @ Chatham St

424
450

0.22mi

Western Ave opp Tracey Ave

424
450

0.24mi

Western Ave @ Tracy Ave

424
450

0.24mi

Western Ave @ West Colony Rd

424
450

0.28mi

Western Ave @ Cross St

424
450

0.28mi

Eastern Ave @ Glenwood St

424
456

0.29mi

Eastern Ave @ Glenwood St

424
456

0.29mi

Seller's Representative: Stephen Dixon, Cameron Real Estate Group
MLS ID#: 73447401

© 2025 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-11-16 04:05:00

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