495 Eastern Avenue, East LynnLynn, MA 01902MLS Number 72979101

  • Price: $799,900
  • Est. Mortgage of $/month
  • 91 Days on Market
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Federal 30-year interest rate: 4.99% last updated on Aug 4, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Price Changed
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  • 2Bedrooms
  • 0.12Acreage
  • 5Bathrooms
  • 1900Year Built
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.
Listed by Eugene L. Clements of Clements Realty Group

Driving Directions

Colonial Manor Realty
Colonial Manor Realty
Office: 781-844-9371
127 Franklin St
Reading, MA 01867

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More Info

Basic Information

  • Gross Income $29,400
  • Lot Features Corner Lot
  • Mls StatusPrice Changed
  • Parcel Number M:097 B:407 L:001,1997149
  • Rent Includes Unit 1(None), Unit 2(None)
  • Road Frontage DescriptionPaved

Location

  • Address495 Eastern Avenue
  • Building Number495-497
  • CountyEssex
  • NeighborhoodEast Lynn
  • StateMA
  • StreetEastern Avenue
  • SubdivisionEast Lynn
  • TownLynn
  • Zip01902

Exterior

  • Exterior Features Rain Gutters, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
  • Fencing Fenced/Enclosed, Fenced
  • RoofRubber

Property Information

  • Building Area Source Owner
  • Living Area 2,750
  • Lot Size Square Feet 5,231
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet2,750

Tax Information

  • Tax Assessed Value $507,800
  • Tax Year 2022
  • Taxes$9,052

Rooms

  • Bathroom5
  • Bathrooms Total Decimal 3.5
  • Bedrooms2
  • Full Bath2
  • Half Baths3

Building

  • BasementFull, Interior Entry, Concrete
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationConcrete Perimeter
  • Garage Spaces1
  • Patio And Porch Features Deck - Roof
  • Rooms10
  • Stories4
  • Utilities For Electric Dryer, Washer Hookup
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Public Records

Water Body

  • Miles to Beach0.5
  • Waterfront Features Beach Front, Ocean, Walk to,3/10 to 1/2 Mile To Beach, Beach Ownership(Public)

Other

  • Date Listed05/10/2022
  • Farm Land Area Units Square Feet
  • View Count1

Parking

  • Covered Spaces 1
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Paved
  • Parking Spaces4

Basic Information

  • List Price$799,900
  • MLS Number72979101
  • Modification Date08/08/2022
  • Property SubType4 Family

Property

  • Acreage0.12

Interior

  • Interior Features
    • Kitchen)
    • Kitchen)
    • Unit 1 Rooms(Living Room
    • Unit 1(Bathroom With Tub & Shower)
    • Unit 2 Rooms(Living Room
    • Unit 2(Bathroom With Tub & Shower)

Utilities

  • Electric 100 Amp Service
  • Heat SystemYes
  • Heating Unit 1(Gas), Unit 2(Gas)
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • Sidewalks
    • T-Station
  • Appliances IncludedUnit 2(Range, Refrigerator), Gas Water Heater, Utility Connections for Electric Dryer
  • Other AmenitiesBasement, Water View, Waterfront
Listed by Eugene L. Clements of Clements Realty Group

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, 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. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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