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495-497 Eastern Ave

Lynn, MA 01902
  • $829,900
  • STATUS: Active
  • MLS #: 72979101
Price Reduced
UPDATED: 34 min ago
$829,900
  • 2
    BEDS
  • 0.12
    ACRES
  • 2
    BATHS
  • 3
    1/2 BATHS
  • 2,750
    SQFT
  • $302
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

Listing courtesy of Eugene Clements of Clements Realty Group.

Description

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.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-07-06T14:11:08.723.
www.dna-realty.com/homes/128554406
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495-497 Eastern Ave Lynn, MA 01902

  • Price: $829,900
  • Status: Active
  • On Site: Days
  • Updated: 34 min ago
  • MLS #: 72979101
2
Beds
2
Baths
3
½ Baths
0.12
Acres
2,750
SQFT
$302
$/SQFT
1900
Built
Neighborhood:
East Lynn
County:
Essex
Area:
East Lynn
Property Description
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.
Exterior Features

Beach Description OceanWalk To Beach Miles To 3/10 To 1/2 Mile Beach Ownership Public Beachfront Yes Color Grey Construction Frame Exterior VinylBrick Exterior Features Deck - RoofGuttersFenced Yard Foundation Poured Concrete Foundation Size Xxxx Lot Description CornerPaved DriveFenced/Enclosed Parking Features Off-StreetPaved Driveway Parking Spaces 4 Road Type PublicPavedPublicly Maint.Sidewalk Roof Material Rubber Waterfront Flag No Waterview Flag No

Interior Features

Appliances Unit2 RangeRefrigerator Basement Yes Basement Features FullInterior AccessConcrete FloorExterior Access Bedrooms Unit1 1 Bedrooms Unit2 1 Cooling Units 0 Cooling Zones 0 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Floors Unit1 2 Floors Unit2 2 Full Baths Unit1 1 Full Baths Unit2 1 Half Baths Unit1 0 Half Baths Unit2 0 Heat Units 4 Heat Zones 4 Heating Unit1 Gas Heating Unit2 Gas Hot Water Natural Gas Interior Features Unit1 Cable Tv AvailableBalcony/DeckBathroom With Tub & Shower Interior Features Unit2 Cable Tv AvailableBalcony/DeckBathroom With Tub & Shower Levels 2 Levels Unit1 1 Levels Unit2 1 Rooms 6 Rooms Description Unit1 Living RoomKitchen Rooms Description Unit2 Living RoomKitchen Rooms Unit1 3 Rooms Unit2 3

Property Features

Adult Community No Amenities Public TransportationShoppingPrivate SchoolPublic SchoolT-Station Apod Available No Assessments 507800.00 Disclosure No Disclosures Sold "As is"buyer And Buyer's Agent To Do Due Diligence. Electric Features 100 Amps Gross Operating Income 29400 Lead Paint Unknown Lease Unit1 Y Lease Unit2 Y Lender Owned No Multifamily Type 4 Family Net Operating Income 29400 Rent Description Unit1 None Rent Description Unit2 None Rent Unit1 1200 Rent Unit2 1250 Sewage District Lynn Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Includes Basement No Sq Ft Source Owner Tax Year 2022 Taxes 9052.00 UFFI Unknown Utility Connections For Electric DryerWasher Hookup Warranty No Water City/Town Water Year Built Description Approximate Year Built Source Public Record Year Round Yes Zoning Bd

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Eugene Clements of Clements Realty Group.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-07-06T14:11:08.723.
 
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DNA Realty Group | Keller Williams Realty
138 River Rd #107
Andover MA, 01810
Listing courtesy of Eugene Clements of Clements Realty Group.