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You are here:
Home Massachusetts Lynn Multi-Family Homes for Sale

461-463 Eastern Ave Lynn, MA 01902

10 Days on Boston Pads
15 Photos
$1,200,000
4 Unit
8 Beds
6 Baths
5232 SQFT
0.14 Acre
461-463 Eastern Ave
Lynn, MA 01902

Property 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 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.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 9
  • Total Bedrooms: 8
  • Total Full Baths: 6
  • Amenities: Public Transportation, Shopping
  • Basement Features: Partially Finished
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Tile Floor, Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Common Heating: Electric, Electric Baseboard, Forced Air, Oil, Radiant, Space Heater

Financial

  • APOD Available: No
  • Gross Operating Income: 15600
  • Net Operating Income: 15600

Utilities

  • Heat Zones: 4
  • Electric Info: 110 Volts, On-Site
  • Energy Features: Insulated Windows
  • Utility Connections: for Electric Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 3

Construction

  • Year Built: 1900
  • Type: 4 Family
  • Foundation Info: Fieldstone
  • Roof Material: Rubber
  • Flooring Type: Hardwood, Tile, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73311217
  • Last Updated: 11/17/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
11/13/2024Active$1,200,000$229MLSPIN
11/09/2024New$1,200,000$229MLSPIN

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Map & Resources

Aborn School

Public Elementary School, Grades: K-5

0.06mi

Hood School

Public Elementary School, Grades: PK-5

0.24mi

The Hathaway School

Private School, Grades: PK-8

0.39mi

Virginia Barton Early Childhood Center

Public Elementary School, Grades: PK

0.39mi

Lynn Fire Department

Fire Station

0.02mi

Harold A. King Town Forest

Municipal Park

0.43mi

Clark Street Playground

Park

0.2mi

Keaney Park

Park

0.4mi

Eastern Ave @ Harvest St

424
456

0.01mi

460 Eastern Ave

424
456

0.01mi

Eastern Ave @ Lambert Ave

424
456

0.08mi

Eastern Ave @ Clark St

424
456

0.08mi

Eastern Ave @ Oakwood Ave

424
456

0.14mi

Eastern Ave @ Alden St

424
456

0.15mi

Eastern Ave @ Herschel St

424
456

0.2mi

Eastern Ave @ Melvin Ave

424
456

0.25mi

Seller's Representative: Myriam Piervil, Myriam Piervil
MLS ID#: 73311217

© 2024 MLS Property Information Network, Inc.. All rights reserved.

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.

MLS PIN data last updated at 2024-11-17 08:08:00