Off Market

495-497 Eastern Ave, Lynn, MA

Lynn · MA 01902

$799,900
Price
2
Beds
3.5
Baths
2750
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 4 Units
Lot size: 5,231 Sq.Ft Lot
Price per square foot: $291 / Sq.Ft
Parking: 1 Garage Space · 4 Off Street Spaces

About this home

Great opportunity for investors and business owners! It contains four total units with two residential units and two retail units; one commercial unit will be delivered vacant, while the other will be delivered and is currently being used as a nail salon. The two residential units are large 3 room, 1 bedroom units, both containing access to the large second level deck. Building units feature separate utilities. The property also contains a full sized yard with a one car garage. All units are currently tenants at will. Market value rents for the residential units are approximately $1,650/month, and the market value for the commercial units are at approximately $1,850/month.

Neighborhood & Transit

East Lynn

495-497 Eastern Ave, Lynn · MA 01902

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
1406 days
Listing Price:
$799,900
Price per Sq.Ft:
$291
Tax Assessment:
$507,800 in 2022
Taxes:
$754 / Monthly

Home Facts

Interior Features

Bedrooms
2
Full Bathrooms
2
Half Bathrooms
3
Living Area
2,750 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
100 Amps

Exterior Features

Lot Size
5,231 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
1 Parking Space
Off Street Parking
4 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl, Brick
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Eugene Clements
Listing office
Clements Realty Group
MLS PIN #
72979101
Disclosure
Sold as is, buyer and buyer's agent to do due diligence.