183-185 Chestnut Street Lynn — Photo 1 of 11
$2,565,000
Investment Analysis — 183-185 Chestnut Street
Lynn, MA 01902
Based on rent reported on the MLS listing, a 12-unit multi-family in 01902 carries $8,850/mo in gross rent — about a 3.15% cap rate and $80,703/yr in estimated NOI at the $2,565,000 list price. Adjust every assumption in the calculator below.
Beds
24
Baths
12
SqFt
9,147
Style
5+ Family - 5+ Units Up/Down
Built
1900
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.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Highway Access
Geography
Listing Agent: Daniel Alper
Listing Office: Boston Realty Advisors
MLS® Number: 73563814
