461-463 Eastern Ave

Lynn,MA 01902

$ 1200000

8 Beds

6 Baths

5232 SqFt


Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 5,232 sqft

Price per Sqft $229

MLS Listing ID 73311217

Bedrooms 8

Full Baths 6

Year Built 1900

Annual Tax Amount $15,067

Tax Year 2024

Lot Size 6,098 Sqft

Acres 0.14

Property Description

CASH FLOW ...CASH FLOW,INVESTORS TAKE NOTICE...TURN KEY OPERATION.NOTHING TO DO. Owner occupied for the past 20 years. Very well-maintained property. Completely renovated from top to bottom 8 years ago. Flat rubber roof 8 years old. Units 1 & 2 have living-dining - huge eat in kitchens, 3 beds 2 full baths occupied by owners, potential $3000 rent for each unit. Units 3 and 4 have 1 bed each and are currently rented. Partially finished basement. Hardwood floors throughout and tiled bathrooms and kitchens. Separate utilities. High rents include hot water. Close to all of the areas amenities; the commuter rails, Beaches and much more. Easy access to public transportation. Unit 1,2 and 3 to be delivered vacant. Subject to owners finding suitable housing.

Location

State MA

County Essex

Zoning R1

Direction GPS

Rooms

Basement Partially Finished

Interior

Interior Features Upgraded Cabinets,Upgraded Countertops,Living Room,Dining Room,Kitchen

Heating Oil,Electric

Flooring Wood,Tile,Hardwood

Appliance Range,Dishwasher,Disposal,Microwave,Refrigerator

Exterior

Community Features Public Transportation,Shopping

Utilities Available for Electric Range

Waterfront false

Waterfront Description Beach Front,Ocean,3/10 to 1/2 Mile To Beach

Roof Type Rubber

Total Parking Spaces 8

Garage No

Building

Story 9

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

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