Sold

642-648 Eastern Ave, Lynn, MA

Lynn · MA 01902

$1,176,000
Price
9
Beds
5
Baths
4549
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 5 Units
Lot size: 0.24 Acre Lot
Price per square foot: $264 / Sq.Ft
Parking: 8 Off Street Spaces

About this home

Unique investment opportunity! This offering consists of three detached income producing structures situated on two separately assessed lots near the Salem/Lynn line. The first lot includes a triple-decker apartment building with 3 units and a freestanding operational pub. The second lot features a single family home with a large rear yard. The multi family has been modernized over time and could benefit from some cosmetic updates. The single family needs a full renovation and will not qualify for conventional financing. These properties could easily become serious income producers for the savvy investor. Sold as package only.

Neighborhood & Transit

642-648 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:
952 days
Listing Price:
$1,200,000
Price per Sq.Ft:
$264
Tax Assessment:
$1,001,900 in 2024
Taxes:
$903 / Monthly

Home Facts

Interior Features

Bedrooms
9
Full Bathrooms
4
Half Bathrooms
2
Living Area
4,549 Sq.Ft
Broker Disclosure about Living Area
3 Family has 2883 SF. Single Family (52 Western Ave) has 1080 SF. Bar has 586 SF
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4549
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
10,640 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
8 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Clapboard
Roof
Unknown

Green Features

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

Listing information

Listing agent
Daniel Finn
Listing office
James A. Finn & Sons
MLS PIN #
73216485
Disclosure
Buyer to investigate all three structures and is responsible to verify all data provided. The seller makes no representations. Sold as a package only. Single family address is 52 Western Ave.
Disclosure
3 Family has 2883 SF. Single Family (52 Western Ave) has 1080 SF. Bar has 586 SF