$1,176,000
$1,200,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
642-648 Eastern Ave Lynn, MA 01902
9 Beds
5 Baths
4,549 SqFt
Key Details
Sold Price $1,176,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,549 sqft
Price per Sqft $258
MLS Listing ID 73216485
Sold Date 10/09/24
Bedrooms 9
Full Baths 4
Half Baths 2
Year Built 1900
Annual Tax Amount $10,832
Tax Year 2024
Lot Size 10,454 Sqft
Acres 0.24
Property Description
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.
Location
State MA
County Essex
Zoning R1
Direction Corner of Eastern and Western Ave.
Rooms
Basement Full, Interior Entry
Interior
Interior Features Living Room, Dining Room, Kitchen
Heating Forced Air, Natural Gas
Flooring Wood, Vinyl, Carpet, Varies
Appliance Range
Exterior
Community Features Public Transportation, Shopping, Park
Utilities Available for Gas Range
Waterfront false
Roof Type Shingle,Tar/Gravel
Parking Type Shared Driveway, Off Street
Total Parking Spaces 8
Garage No
Building
Lot Description Corner Lot
Story 8
Foundation Other
Sewer Public Sewer
Water Public
Others
Senior Community false
Acceptable Financing Estate Sale
Listing Terms Estate Sale
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Bought with Non Member • Non Member Office