Multi-Family for Sale: 642-648 Eastern Ave, Lynn, MA 01902 SOLD

9 beds
4 full, 2 half baths
4,549 sqft
$1,176,000
$1,176,000
642-648 Eastern Ave, Lynn, MA 01902 SOLD
9 beds
4 full, 2 half baths
4,549 sqft
$1,176,000
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Selling Price: $1,176,000
Original List Price: $1,200,000
Sold at 98.0% of list price
Sold Date: 10/09/2024

Type Multi-Family
Beds 9
Total Baths 4 full, 2 half baths
Square Feet 4,549 sqft
Lot Size 0.24 acres
Year Built 1900

City Lynn
County Essex

MLS 73216485
Status Closed
DOM 197 days
Unique investment opportunity! This offering consists of three detached income producing structures situated on two separately assessed lots near the Salem/Lynn line. The first lot includes a triple-decker apartment building with 3 units and a freestanding operational pub. The second lot features a single family home with a large rear yard. The multi family has been modernized over time and could benefit from some cosmetic updates. The single family needs a full renovation and will not qualify for conventional financing. These properties could easily become serious income producers for the savvy investor. Sold as package only.

Lot & Building Features

Appliances Range
Construction Frame
Heating Forced Air, Natural Gas
Sewer Public Sewer
Tax Year 2024
Taxes Paid $10,832
Water Public
Foundation Other
Interior Features Dining Room, Living Room, Kitchen
Roof Shingle, Tar/Gravel
Full Baths 4
Half Baths 2
Parking Off Street, Shared Driveway
Total Rooms 21
Basement Feature Full, Interior Entry
Garage Spaces 0

Price History of 642-648 Eastern Ave

Date Name Price Difference
03/26/2024 Listing Price $1,176,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 642-648 Eastern Ave, Lynn, MA

Location Map Street View
Photo of Theresa Clark
Direct: 603-969-7841
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by James A. Finn & Sons, Daniel Finn
Sold by Non Member Office, Non Member
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1%
6.75%
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: James A. Finn & Sons

The property listing data and information 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 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 set forth herein.