495-497 Eastern Ave

Lynn, MA, 01902

$829,900

$301 per ft²
$829,900
$301 per ft²
Active
Active
 - For Sale
beds
2 Beds
baths
5 Baths
carpenters-square
2,750 ft²
property_type
Multi-family
calendar
Built 1900
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.
MLS® ID:
72979101
Listed:
5/9/22
Updated:
7/1/22

Interior Features

Kitchen Appliances
Unit 2(Range, Refrigerator), Gas Water Heater, Utility Connections for Electric Dryer
Total Bedrooms
2
Full Bathrooms
2
Half Bathrooms
3
Interior Features
Unit 1(Bathroom With Tub Shower), Unit 2(Bathroom With Tub Shower), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen)
Laundry Description
Washer Hookup
Heating
Unit 1(Gas), Unit 2(Gas)

Exterior/Building Features

Lot Size
5,231 ft² lot
Exterior Features
Rain Gutters, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
Lot Details
Corner Lot
Roof
Rubber
Sewer
Public Sewer

Other Property Details

Area Name
East Lynn
Taxes
$9052
Tax Frequency
per YEAR
HOA Amenities
Public Transportation, Shopping, Private School, Public School, T-Station, Sidewalks
Garage
Yes
Garage Spaces
1
Parking
Paved Drive, Off Street, Paved
Parking Total
4.0
View
N
County
Essex
Utilities
for Electric Dryer, Washer Hookup
Water Source
Public
Pool
No
Total Stories
4
Zoning
BD

Property History

Date
Event
Price
Value
6/23/22
Price Change
$829,900
-2%

 

Courtesy of Eugene Clements, Clements Realty Group

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Data last updated 5:31 PM UTC, 7/1/22

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