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$699,900
Total Beds: 6 Total Baths: 2
Total Units: 2 SQFT: 1931
LOT size: 0.05 Acres
171 Chatham St
Lynn, MA 01902
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Property Description

Don’t miss this excellent opportunity to own a well-maintained 6-bedroom two-family property in Lynn at a great price! Featuring separate utilities, a maintenance-free exterior, and deleaded units with certificates, this property is an ideal opportunity for investors, owner-occupants, or extended families. The updated 2-bedroom unit offers newer appliances and cabinets and an updated bathroom, while the spacious 4-bedroom townhouse-style unit spans two floors and features a Large Living room with plenty of space to spread out. Set back off the main road, this low-maintenance property offers a strong rental history and will be delivered vacant, providing flexibility for its next owner. Conveniently located near schools, shopping, restaurants, and public transportation, this two-family home is a fantastic opportunity to add to your investment portfolio or owner-occupy while generating rental income.

Property Details

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 2
  • Basement Features: Unfinished Basement

Financial

  • APOD Available: No
  • Gross Operating Income: 66000
  • Gross Expenses: 6000
  • Electric Expenses: 500
  • Water/Sewer: 2500
  • INSC: 3000
  • Net Operating Income: 66000

Utilities

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

Unit 1 Description

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

Unit 2 Description

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

Construction

  • Year Built: 1900
  • Foundation Info: Fieldstone
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73599116
  • Last Updated: 11/09/26

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Map

Seller's Representative: Sean Connolly, RE/MAX 360
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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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 2026-11-09 03:05:00