461-463 Eastern Avenue

Lynn, MA 01902

$1,200,000
Price
8
Beds
6
Baths
5,232 Sq. Ft.
$229 / Sq. Ft.
5,232
Sq. Ft.
$229
per Sq. Ft.

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...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.
  1. Listed by Myriam Piervil • Myriam Piervil
  2. Listed by Rose-Vanie Monique Casimir • Myriam Piervil

Property Details for 461-463 Eastern Avenue

Town
Lynn
Area
MA-Lynn
Garage Spaces
0
Parking Spaces
8.00
Parking Spaces Total
8
LISTING UPDATED: 11/17/2024 08:10 AM

Property Details for 461-463 Eastern Avenue

StatusActive
MLS #73311217
Days on Market8
Taxes$12,258 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 4 Family
Year Built1900
CountyEssex County

Building Information for 461-463 Eastern Avenue

Stories9Residences4Year Built1900Building Size-Lot Size0.14 AC / 5,899 SF

Property Information for 461-463 Eastern Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping
  • Living Area: 5232.0
  • Color: White
  • SqFt with Basement: Yes
  • Total Units: 4
  • Waterfront: No
  • Year Built Details: Renovated Since
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Basement Features: Partially Finished
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile, Hardwood
  • Interior Features: Upgraded Cabinets, Upgraded Countertops, Living Room, Dining Room, Kitchen
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Exterior Features: Porch
  • Patio And Porch Features: Porch
  • Roof Material: Rubber
  • Waterfront Features: Beach Front, Ocean, 3/10 to 1/2 Mile To Beach
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: 110 Volts
  • Heating: Oil, Electric
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: 1997389
  • Assessments: $914,800
  • Block: 415
  • Book: 17068
  • Lot: 046
  • Map: 097
  • Tax Year: 2024
  • Zoning: R1
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Stone
  • Cooling Units: 0
  • Heat Units: 4
  • Heat Zones: 4
Income / Expenses
  • GOI: $15,600.00
  • NOI: $15,600.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 3
  • Lease U4: N
Rental Info
Rental Info
  • Total Actual Rent: $2,600.00

Property History for 461-463 Eastern Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 461-463 Eastern Avenue

Taxable ValueLand$192,100Additions$1,238,800Total$1,430,900
Tax Record2024$15,067 ($1,256 / month)
Home Facts
Baths4.5Total Finished SqFt5,232 SqFtAbove Grade Finished SqFt5,232 SqFtUnfinished Basement SqFt424 SqFtStories3Lot Size5,007 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningR1CountyESSEXAPNLYNN M:097 B:415 L:046

Schools near 461-463 Eastern Avenue

This home is within Lynn School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 1 to 5
Public - 6 to 8
Public - 6 to 12
Rating
School
Distance
Hood Elementary School
PublicPK to 5

William R Fallon
Public1 to 5

Thurgood Marshall Middle School
Public6 to 8

Fecteau-Leary Junior/Senior High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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461-463 Eastern Avenue is a multi-family home for sale in Lynn, MA 01902. This property was listed for sale on November 9, 2024 by Myriam Piervil, it's currently listed at $1,200,000. It has been on the market for a total of 8 days and was last sold on November 5, 1999. This listing's school district is Lynn School District. Nearby schools include Hood Elementary School, William R Fallon and Thurgood Marshall Middle School. 461-463 Eastern Avenue is a 8-bed, 6-bath, 5,232 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Myriam Piervil, Myriam Piervil; Myriam Piervil, Rose-Vanie Monique Casimir

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.