Exceptional fully renovated four-unit mixed-use property in the heart of East Lynn, offering strong income, flexibility, and owner-user potential. The building features two street-level commercial spaces and two updated residential apartments. Each commercial unit includes a private restroom and dedicated basement storage, ideal for retail, office, salon, or service businesses. The residential component consists of a spacious 2-bedroom, 1-bath apartment with an open-concept layout and large private deck, delivered vacant, plus a 1-bedroom, 1-bath apartment with a private deck currently occupied by a tenant-at-will paying $2,450/month and willing to renew. The smaller commercial unit is leased at $1,800/month on a 3-year term with annual rent increases, while the larger commercial space generates $2,300/month and may be delivered vacant at closing. Additional highlights include 10–12 on-site parking spaces, ample street parking, and significant upside for investors or owner-occupants se
For sale
Price cut: $115K (6/2)
$1,160,000
431-433 Chatham St, Lynn, MA 01902
4beds
3,442sqft
4 Family
Built in 1900
-- sqft lot
$-- Zestimate®
$337/sqft
$-- HOA
What's special
Large private deckTwo street-level commercial spacesOpen-concept layoutTwo updated residential apartmentsAmple street parking
- 247 days |
- 179 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Stephen Dixon 781-244-2853,
Compass 617-206-3333,
Stephen Dixon 781-244-2853
Source: MLS PIN,MLS#: 73447401
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Features
- Office/Den, Loft, Living Room, Kitchen
- Basement: Partial
- Has fireplace: No
Interior area
- Total structure area: 3,442
- Total interior livable area: 3,442 sqft
- Finished area above ground: 3,442
Property
Parking
- Total spaces: 10
- Uncovered spaces: 10
Features
- Waterfront features: 1/2 to 1 Mile To Beach
Lot
- Size: 4,500 Square Feet
- Features: Corner Lot
Details
- Parcel number: 1998175
- Zoning: b
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 4 Family
Materials
- Foundation: Concrete Perimeter
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Lynn
Financial & listing details
- Price per square foot: $337/sqft
- Tax assessed value: $622,500
- Date on market: 10/30/2025
- Total actual rent: 6550
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Price change | $1,160,000-9%$337/sqft |
Source: MLS PIN #73447401 Report a problem | ||
| 5/19/2026 | Listed for sale | $1,275,000$370/sqft |
Source: MLS PIN #73447401 Report a problem | ||
| 5/12/2026 | Listing removed | $1,275,000$370/sqft |
Source: MLS PIN #73447401 Report a problem | ||
| 11/12/2025 | Price change | $1,275,000-1.9%$370/sqft |
Source: MLS PIN #73447401 Report a problem | ||
| 10/24/2025 | Listed for sale | $1,300,000$378/sqft |
Source: MLS PIN #73447401 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 01902
Nearby schools
GreatSchools rating
- 6/10HoodGrades: PK-5Distance: 0.2 mi
- 4/10Thurgood Marshall Middle SchoolGrades: 6-8Distance: 0.8 mi
- 1/10Lynn English High SchoolGrades: 9-12Distance: 0.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Massachusetts
- Essex County
- Lynn
- 01902
- 431-433 Chatham St




