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77-79 Chestnut Street

Updated Sep 30, 2026

Francesco Epifania Purchases Multifamily Property At 77-79 Chestnut Street Lynn For $1.58M
SOLDMultiFamily

Francesco Epifania Purchases Multifamily Property At 77-79 Chestnut Street Lynn For $1.58M

77-79 Chestnut Street

$1,580,000

$294/SF

Building Size

5,368 SF

Asset Type

MultiFamily

Closing

Sep 25, 2026

About this deal

AI

This multifamily property, located at 77-79 Chestnut Street in Lynn, MA, features five units and encompasses 5,368 square feet. The sale concluded at a price of $1,580,000, which results in a price per unit of $316,000 and a price per square foot of $294.

Summary of transaction details:

The transaction involved key representatives from various real estate agencies, showcasing a collaborative effort in the market. Dan Pouladian and Sara Pouladian represented the buyer through Northshore Realty Advisors, while Gene Clements represented the seller with Clements Realty Group, and Joe Vecchione acted on behalf of Grove Property Group.

On the Map

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$1,580,000

$294/SF

MultiFamily

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Players

Dan Pouladian

Northshore Realty Advisors

Broker

$318.2M

vol

73 deals

Broker

Francesco Epifania

Buyer

$2.6M

vol

2 deals

Buyer

Andrew Perkins

Seller

$39.8M

vol

6 deals

Seller

Lynn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $294 per square foot on a published $1.6M for 5,368 square feet (2026).

Visit Sara Pouladian to view all their deals.

Browse Lynn multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.04%

Cash-on-Cash

-2.87%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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