183-185 Chestnut Street, Lynn, MA 01902
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$2,565,000
12 Unit
24 Beds
12 Baths
9147 SQFT
0.27 Acre

Property Description

We are excited to present 183-185 Chestnut Street, a fully occupied 12-unit multifamily investment in Lynn, MA. The offering comprises two six-unit buildings, each configured with all 2-bedroom layouts, providing tenants with spacious, in-demand floor plans. An 18-space on-site parking lot sets this asset apart in a submarket where parking is at a premium. The location offers excellent connectivity, with multiple bus lines and MBTA commuter rail service providing direct access to downtown Lynn and Boston.

Property Details tap to expand

Building Information

  • Total Units: 12
  • Total Floors: 5
  • Total Bedrooms: 24
  • Total Full Baths: 12
  • Amenities: Highway Access, Public Transportation, Shopping
  • Basement Features: Partial

Financial

  • APOD Available: Yes
  • Expenses Source: Pro. Forma Available
  • Gross Operating Income: 311475
  • Net Operating Income: 215189

Utilities

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

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 5+ Family - 5+ Units Up/Down
  • Foundation Info: Other (See Remarks)
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73563814
  • Last Updated: 08/18/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/18/2026Active$2,565,000$280MLSPIN
08/14/2026New$2,565,000$280MLSPIN

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Seller's Representative: Daniel Alper, Boston Realty Advisors
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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MLS PIN data last updated at 2026-08-18 03:05:00