For sale

$2,565,000

183-185 Chestnut St, Lynn, MA 01902

24beds

9,147sqft

$15,372/mo

Get pre-qualified

5+ Family - 5+ Units Up/Down

Built in 1900

-- sqft lot

$-- Zestimate^®

$280/sqft

$-- HOA

What's special

Spacious in-demand floor plans

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.

5 days

114

4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 24
Bathrooms: 12
Full bathrooms: 12

Features

Basement: Partial
Has fireplace: No

Interior area

Total structure area: 9,147
Total interior livable area: 9,147 sqft
Finished area above ground: 9,147

Property

Parking

Total spaces: 18
Parking features: Off Street
Uncovered spaces: 18

Lot

Size: 0.27 Acres
Features: Corner Lot

Details

Parcel number: 1999849
Zoning: 9

Construction

Type & style

Home type: MultiFamily
Property subtype: 5+ Family - 5+ Units Up/Down

Materials

Foundation: Other

Condition

Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Public Transportation, Shopping, Highway Access

Location

Region: Lynn

Financial & listing details

Price per square foot: $280/sqft
Tax assessed value: $9
Annual tax amount: $9
Date on market: 8/14/2026
Total actual rent: 8850
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$3,191/mo

Price history

Date	Event	Price
8/14/2026	Listed for sale	$2,565,000+85.9%$280/sqft
Source: MLS PIN #73563814 Report a problem
1/25/2018	Sold	$1,380,000+70.9%$151/sqft
Source: Public Record Report a problem
1/16/2013	Sold	$807,500+16%$88/sqft
Source: Public Record Report a problem
6/3/2002	Sold	$696,000+276.2%$76/sqft
Source: Public Record Report a problem
5/26/1994	Sold	$185,000+85%$20/sqft
Source: Public Record Report a problem
7/31/1991	Sold	$100,000-16.7%$11/sqft
Source: Public Record Report a problem
4/19/1991	Sold	$120,000$13/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$25,297 +14.7%	$2,402,400 +21.4%
2023	$22,059	$1,978,400
2022	$22,059 +12.4%	$1,978,400 +31.3%
2021	$19,634 +2.4%	$1,506,800 +5.3%
2020	$19,181 +5.4%	$1,431,400 +12.5%
2019	$18,195 -0.4%	$1,272,400 +5.5%
2018	$18,277 +7.8%	$1,206,400 +11%
2017	$16,956 +8.1%	$1,086,900 +12.2%
2016	$15,680 +18.1%	$969,100 +22.3%
2015	$13,273 -0.9%	$792,400 +1.4%
2014	$13,389 +12.5%	$781,600 +11.2%
2013	$11,900 +8.2%	$702,900 +4.1%
2012	$10,996 -1.1%	$675,400 -1.5%
2011	$11,122 -4.8%	$685,700 -8.9%
2010	$11,688 +9.7%	$752,600 -10%
2009	$10,658 +13.2%	$836,600 -2.4%
2008	$9,412 -3.9%	$857,200 -8.9%
2007	$9,791 +3.4%	$941,400 -1.2%
2006	$9,469 +35.2%	$952,600 +38.5%
2005	$7,002 -5.5%	$687,800 +6%
2004	$7,413 +5.2%	$648,600 +21.6%
2003	$7,044 +70.5%	$533,200 +112.4%
2001	$4,131 +11%	$251,000 +19.6%
1999	$3,720 -9.1%	$209,800 -14.1%
1995	$4,093	$244,200