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$1,850,000 Just Listed

  • For Sale
  • Active
  • Commercial
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Amazing Investment Opportunity! Completely renovated in 2023, this turnkey five-unit property offers strong income potential and peace of mind for investors. Major improvements include a new roof, new siding, updated electrical systems, five new heating systems, five new water heaters, new windows, and numerous additional upgrades throughout. The property features an attractive unit mix consisting of three spacious three-bedroom apartments and two well-appointed two-bedroom apartments. Additional highlights include off-street parking, de-lead compliance certificates for all units, and low-maintenance ownership with significant capital improvements already completed. A rare opportunity to acquire a fully updated multifamily asset with excellent rental appeal and long-term investment value.

Full Property Details for 77-79 Chestnut St

General

  • Price: $1,850,000
  • Taxes: $14,238 (2025)
  • Status: Active
  • Type: Commercial
  • MLS ID: 73538808
  • Updated: 6/19/2026
  • Added to Site: 1 day(s) ago

Location

  • County: Essex

Structural Information

  • Square Feet: 3,384
  • Year Built: 1873

Lot Features

  • Lot Size (Acres): 0.13

Financial Considerations

  • Tax Amount: $14,238
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures/Rstr.: This house was renovated in 2023.
  • Property ID: M:094 B:517 L:022, 2000029

Listed by Clements Realty Group, Eugene L. Clements

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Listing agent

— 77-79 Chestnut St —

  • Eugene L. Clements

    Clements Realty Group

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 77-79 Chestnut St

School District:Lynn School District
NameGradesDistance
Brickett Elementary School
123 Lewis Street, Lynn, MA 01902
1-50.2 mi
William R Fallon Elementary School
100 Robinson Street, Lynn, MA 01905
K-61.8 mi
Thurgood Marshall Middle School
100 Brookline Street, Lynn, MA 01902
6-80.3 mi
Fecteau-Leary Junior/Senior High School
33 North Common Street, Lynn, MA 01902
7-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 77-79 Chestnut St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/19/2026
Listed
$1,850,000
625.49%
MLS
10/22/2010
Sold
$255,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 77-79 Chestnut St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,238
—
$1,374,300
2%
2024
$14,169
214%
$1,345,600
233%
2023
$4,507
-56%
$404,200
-50%
2022
$10,135
—
$815,400
5%
2021
$10,135
3%
$777,800
6%
2020
$9,822
18%
$733,000
26%
2019
$8,323
4%
$582,000
11%
2018
$7,975
11%
$526,400
14%
2017
$7,210
12%
$462,200
16%
2016
$6,448
15%
$398,500
19%
2015
$5,628
2%
$336,000
5%
2014
$5,495
—
$320,800
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 77-79 Chestnut St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Clements Realty Group, Eugene L. Clements

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77-79 Chestnut St, Lynn, MA 01902 (MLS# 73538808) is a Commercial property. 77-79 Chestnut St is currently listed for $1,850,000 and was received on June 19, 2026. Want to learn more about 77-79 Chestnut St? Do you have questions about finding other Commercial real estate for sale in Lynn Common? You can browse all Lynn Common real estate or contact a Coldwell Banker agent to request more information.

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