Sold for $800,000

$800,000

501 Chestnut St, Lynn, MA 01902

4beds

1,792sqft

2 Family - 2 Units Up/Down

Built in 1910

-- sqft lot

$805,000 Zestimate^®

$446/sqft

$3,120 Estimated rent

Home value

$805,000

$733,000 - $886,000

$3,120/mo

Zestimate^® history

Owner options

List your home for rent

$3,120/mo

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$3,120/mo

Rent Zestimate^®

Refinance and save

$4,992/mo

Est. payment

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$4,992/mo

Est. payment

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What's special

Separate heating systemsLarge drivewayKitchen cabinetsStainless steel appliancesGreat sized yardAll new windowsBrand new vinyl floors

Open House Canceled ------- Check out this amazing opportunity to own a 2 Family for under $650k! Freshly painted & renovated, ready for you to move in or rent out & start collecting rental income! Brand new vinyl floors, kitchen cabinets, stainless steel appliances, freshly sanded & stained hardwood floors! Both are 2 bedroom units, large basement for extra storage, great sized yard, large driveway! All new windows, separate heating systems & water heaters. Why rent when you can own and have the bonus of rental coming in to help pay the mortgage! Close to everything!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Natural Gas

Appliances

Included: Range, Refrigerator, Range Hood
Laundry: Electric Dryer Hookup, Washer Hookup

Features

Bathroom With Tub, Remodeled, Living Room, Dining Room, Kitchen
Flooring: Vinyl, Hardwood
Windows: Picture Window
Basement: Full,Walk-Out Access,Interior Entry,Dirt Floor,Unfinished
Has fireplace: No

Interior area

Total structure area: 1,792
Total interior livable area: 1,792 sqft
Finished area above ground: 1,792

Property

Parking

Total spaces: 4
Parking features: Paved Drive, Off Street, Paved
Uncovered spaces: 4

Features

Patio & porch: Enclosed
Exterior features: Rain Gutters
Fencing: Fenced/Enclosed
Waterfront features: Ocean, Direct Access, Walk to, 1/2 to 1 Mile To Beach, Beach Ownership(Public)

Lot

Size: 4,522 Square Feet
Features: Level

Details

Parcel number: M:085 B:485 L:021,1999147
Zoning: R1

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 Family - 2 Units Up/Down

Materials

Frame
Foundation: Stone, Brick/Mortar
Roof: Shingle

Condition

Year built: 1910

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup

Community & HOA

Location

Region: Lynn

Financial & listing details

Price per square foot: $446/sqft
Tax assessed value: $636,487
Annual tax amount: $6,594
Date on market: 1/24/2026
Total actual rent: 0

Price history

Date	Event	Price
5/19/2025	Sold	$800,000+25%$446/sqft
Source: MLS PIN #73351747 Report a problem
3/28/2025	Listed for sale	$639,900+70.6%$357/sqft
Source: MLS PIN #73351747 Report a problem
11/26/2024	Sold	$375,000+108.3%$209/sqft
Source: Public Record Report a problem
8/27/2003	Sold	$180,000+85.6%$100/sqft
Source: Public Record Report a problem
7/29/1998	Sold	$97,000+49.2%$54/sqft
Source: Public Record Report a problem
10/11/1989	Sold	$65,000$36/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,594 +7.1%	$636,487 +8.9%
2024	$6,157 -0.8%	$584,700 +5%
2023	$6,206	$556,600
2022	$6,206 +6.8%	$556,600 +24.8%
2021	$5,810 +13.3%	$445,900 +16.5%
2020	$5,127 +1.9%	$382,600 +8.7%
2019	$5,032 +7.2%	$351,900 +13.6%
2018	$4,693 +13.7%	$309,800 +17.1%
2017	$4,126 +10.5%	$264,500 +14.6%
2016	$3,734 +2.6%	$230,800 +6.2%
2015	$3,640 +10.8%	$217,300 +13.4%
2014	$3,284 +5.1%	$191,700 +3.9%
2013	$3,124 +5.4%	$184,500 +1.3%
2012	$2,965 +1.3%	$182,100 +0.9%
2011	$2,928 +9.8%	$180,500 +5.1%
2010	$2,667 -6.8%	$171,700 -23.6%
2009	$2,863 -15.6%	$224,700 -27.3%
2008	$3,394 +9.9%	$309,100 +4.1%
2007	$3,087 +7.2%	$296,800 +2.5%
2006	$2,880 +6.4%	$289,700 +9%
2005	$2,707 -2.3%	$265,900 +9.6%
2004	$2,772 +6.9%	$242,500 +23.5%
2003	$2,593 +56%	$196,300 +94.4%
2001	$1,662 +11.2%	$101,000 +19.8%
1999	$1,495 -17.8%	$84,300 -22.3%
1995	$1,818	$108,500