Northeast Private Client Group® is pleased to present The Lafayette Park Apartments at 69 Chestnut Street in Lynn, MA. This three-story, six (6) unit multifamily property consists of (4) two-bedroom & (2) three-bedroom floor plans. For all separate utilities, tenants are responsible for heat & electricity. All units are deleaded & there are two driveways for off-street parking on Chestnut & Lafayette Street. The new buyer has significant upside through interior renovations & market-level rents. All interested and qualified parties can tour the property during scheduled appointments and obtain additional information upon request.

Property Details

Price:
$1,650,000
MLS #:
73321545
Status:
Active
Beds:
14
Baths:
6
Address:
69 Chestnut St
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
City:
Lynn
Listed Date:
Dec 27, 2024
State:
MA
Finished Sq Ft:
5,002
Total Sq Ft:
5,002
ZIP:
01902
Lot Size:
4,305 sqft / 0.10 acres (approx)
Year Built:
1875
Units:
6

Schools

Interior

Bathrooms
6 Full Bathrooms

Exterior

Community Features
Public Transportation, Public School, T- Station
Construction Materials
Frame
Parking Features
Off Street, Paved
Parking Spots
6

Financial

Net Operating Income
$100,094
Tax Year
2024
Taxes
$12,204

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

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69 Chestnut St
Lynn, MA