495-497 Eastern Ave, Lynn, MA 01902

2 Bed Multi Family For Sale

Posted on 5/10/22
Map
Price
$799,900
Bedrooms
2
Baths
2 Full Bath, 3 Half Bath
Home Type
Multi Family
Style
4 Family

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Mortgage Calculator

Home Price
Down Payment (%)
Monthly Mortgage Payments
30 Year Fixed
$3,055
15 Year Fixed
$4,419

Property Description for 495-497 Eastern Ave, Lynn, MA 01902

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.

Interior Details

Living Area:
2,750 sq. ft.
Price/Sq Ft:
$290.87/sq. ft.

Exterior Details

Acres:
0.12 acres
Lot Size:
5,231 sq. ft.

Other Details

Mls No:
72979101

Unit 1 Details

Rooms: 3
Beds: 1
Baths: 1
Levels: 1
Floor: 2
Rent: $1,200
Leased: Yes

Rooms

Living Room; Kitchen

Interior Features

Cable TV Available; Balcony/Deck; Bathroom With Tub & Shower

Heating

Gas

Unit 2 Details

Rooms: 3
Beds: 1
Baths: 1
Levels: 1
Floor: 2
Rent: $1,250

Rooms

Living Room; Kitchen

Appliances

Range; Refrigerator

Interior Features

Cable TV Available; Balcony/Deck; Bathroom With Tub & Shower

Heating

Gas

The property listing data and information, or the Images, 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, 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. 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. This listing is courtesy of Eugene Clements from Clements Realty Group. Updated Oct 21, 2022 9:30:04 AM

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