50 Eastern Avenue

Essex, MA 01929

$560,000
Last Sold Price
4
Beds
2
Baths
2,145 Sq. Ft.
$261 / Sq. Ft.
2,145
Sq. Ft.
$261
per Sq. Ft.

Description

OFFER DEADLINE 8/13- 3:00pm. Mid Oct. closing requested... Exceptional Investment Opportunity! This two-unit home, situated on a desirable corner lot, offers both convenience and potential. Located near the scenic Essex River and tranquil marshlands, the property enjoys a south-facing orientation, providing an abundance of natural light throughout the day. The first-floor unit is a cozy 1 bedroom space featuring an inviting eat-in kitchen, a comfortable living room with built-in cabinetry, bathroom,...OFFER DEADLINE 8/13- 3:00pm. Mid Oct. closing requested... Exceptional Investment Opportunity! This two-unit home, situated on a desirable corner lot, offers both convenience and potential. Located near the scenic Essex River and tranquil marshlands, the property enjoys a south-facing orientation, providing an abundance of natural light throughout the day. The first-floor unit is a cozy 1 bedroom space featuring an inviting eat-in kitchen, a comfortable living room with built-in cabinetry, bathroom, and a bedroom. The second unit spans the upper levels and offers more room with its 3 bedrooms. It includes an eat-in, fully equipped kitchen, a generous living room, and a full bathroom with washer/dryer hook ups, making it ideal for tenants looking for extra space. Both units benefit from off-street parking. If you're looking to generate rental income this home provides a solid foundation for a rewarding investment. Property to be sold "as is". . Separately metered for electricity.
  1. Listed by Fabyan and Filias Team • J. Barrett & Company
  2. Listed by Paula Polo-Filias • J. Barrett & Company

Property Details for 50 Eastern Avenue

Town
Essex
Area
MA-Essex
Garage Spaces
0
Parking Spaces
4.00
Parking Spaces Total
4
LISTING UPDATED: 11/05/2024 07:24 AM

Property Details for 50 Eastern Avenue

StatusSold
MLS #73274157
Days on Market23
Taxes$7,068 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family - 2 Units Up/Down
Year Built1900
CountyEssex County

Building Information for 50 Eastern Avenue

Stories3Residences2Year Built1900Building Size-Lot Size0.14 AC / 6,107 SF

Property Information for 50 Eastern Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Park, Conservation Area, Highway Access, House of Worship, Public School
  • Current Financing: Cash
  • Living Area: 2145.0
  • Color: Gray
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Water View: Yes
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Location/School
  • Grade School: Essex Elem
  • High School: Mersd
  • Middle School: Mersd
Features
Interior Features
  • Appliances: Range, Refrigerator
  • Basement Features: Partial, Dirt Floor
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • FireplaceYN: Yes
  • Fireplaces: 1
  • Flooring: Vinyl
  • Interior Features: Kitchen, Family Room
  • Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup, Washer Hookup
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Deck - Wood, Covered Patio/Deck
  • Lot Description: Corner Lot
  • Patio And Porch Features: Deck - Wood, Covered
  • Roof Material: Shingle
  • Waterview Features: Marsh
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street, Unpaved Driveway
  • Open Parking: Yes
  • Parking Features: Off-Street, Unpaved Driveway
  • Parking Features: Off-Street, Unpaved Driveway
Utilities
  • Cooling: None
  • Cooling: No
  • Electric: 100 Amp Service, Individually Metered
  • Heating: Baseboard, Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Gas Dryer, for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Disclosures: OFFER DEADLINE Tuesday 8/13- 3:00pm. Mid Oct. closing requested. Needs a new roof and soffit repair. One heating system,separately metered electricity.
Tax Information
  • Listing Terms: Contract
  • Tax ID: 1887505
  • Assessments: $530,600
  • Book: 16954
  • Lot: 32
  • Map: 136
  • Tax Year: 2024
  • Zoning: RS2
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone
  • Heat Zones: 1
Income / Expenses
  • GOI: $19,200.00
  • NOI: $19,200.00
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
Rental Info
Rental Info
  • Total Actual Rent: $19,200.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 50 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 50 Eastern Avenue

Taxable ValueLand$282,100Additions$248,500Total$530,600
Tax Record2024$7,068 ($589 / month)
Home Facts
Baths2Total Finished SqFt2,145 SqFtAbove Grade Finished SqFt2,145 SqFtUnfinished Basement SqFt780 SqFtStories3Lot Size6,107 SqFtStyleDuplexYear Built1900ZoningRS2CountyESSEXAPNESSE M:136 L:32

Schools near 50 Eastern Avenue

This home is within Manchester Essex Regional School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Essex Elementary School
PublicK to 5

Manchester Essex Regional High School
Public9 to 12

Manchester Memorial Elementary School
PublicPK to 5

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.

Similar Homes

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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.

Listing Courtesy of J. Barrett & Company, Fabyan and Filias Team; J. Barrett & Company, Paula Polo-Filias

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.