Two-Family Opportunity in Lynn, MA — 531 Chatham St

Offered at $695,000 | 4 Beds | 2 Baths | 1,290 Sq Ft

If you’ve been searching for a smart investment opportunity or a chance to offset your mortgage, 531-531A Chatham St in Lynn, MA deserves a spot at the top of your list. This well-maintained two-family home blends classic charm with functional living spaces, offering flexibility for both owner-occupants and investors alike.

A Property Designed for Flexibility & Income Potential

This two-family home features two bright and inviting units, each with beautiful hardwood floors and an open-concept layout that enhances the natural light throughout the space. The thoughtful floor plans create a comfortable flow between living areas, making both units feel spacious and welcoming.

An added bonus is the finished attic, providing valuable additional space that can be used as:

• Home office

• Guest area

• Bonus living room

• Playroom or creative space

Whether you’re living in one unit and renting the other, or leasing both, the layout offers excellent versatility.

Backyard Built for Entertaining

Step outside and you’ll find a true outdoor retreat. The backyard is designed for entertaining and relaxation, featuring:

• Charming gazebo

• Exterior kitchen

• Stunning fire pit

• Spacious yard for gatherings

• Private outdoor entertaining space

This setup is perfect for summer nights, weekend gatherings, or simply enjoying your own private outdoor oasis.

Ideal for Homeowners & Investors

This property is a great fit for:

• Owner-occupants looking to offset their mortgage

• Investors seeking strong rental potential

• Multi-generational living

• Buyers looking to build long-term equity

With two units and flexible bonus space, the possibilities are endless.

Convenient Lynn Location

Located in the heart of Lynn, this home offers easy access to:

• Local shops and restaurants

• Schools and parks

• Public transportation

• Major routes for commuting

• Nearby beaches and coastal attractions

You’ll enjoy both neighborhood convenience and coastal lifestyle perks.

Property Highlights

• Two-family home

• 4 bedrooms | 2 bathrooms

• 1,290 sq ft

• Built in 1880 with maintained charm

• Beautiful hardwood floors throughout

• Open-concept layouts

• Finished attic bonus space

• Exterior kitchen & entertaining area

• Gazebo and fire pit

• Strong income potential

• Offered at $695,000

Schedule Your Showing

Whether you’re looking for your first investment property or a home that helps pay for itself, 531 Chatham St offers exceptional value and flexibility.

Interested in learning more or scheduling a private showing?

Contact us today to explore this fantastic two-family opportunity in Lynn.