Movoto Real Estate

204 Eastern Ave, Lynn, MA 01902

  • $1,399,999

  • 7

    bed

  • 5

    bath

  • 3,567

    Sqft ($392/Sqft)

Multi-family for sale 37 days
Movoto is helping 57 homebuyers near you

About 204 Eastern Ave

Property type Multi-family
Neighborhood
Year built 1880
HOA fee $0/month
Lot size 5,327 Sqft
Movoto estimate
Parking 2 garage spaces
Property description
Exceptional Turnkey Multi-Family Opportunity on the Lynn/Swampscott Line! This fully renovated legal 3-family property offers outstanding flexibility for investors or owner-occupants. Featuring 7 bedrooms & 5 full baths, the home includes beautifully updated units with bright living spaces, eat-in kitchens, white cabinetry, quartz countertops, stainless steel appliances, and stylish modern finishes throughout. Bathrooms showcase today's sought-after design with oversized showers & elegant gray-and-white décor. The finished attic provides additional living space with a bedroom, flex room, full bath, and kitchenette. Enjoy five maintenance-free composite decks, a fenced yard, updated windows, newly redone walkways, & low-maintenance vinyl siding w/stone accents. Ample parking includes a 2-car garage plus additional off-street spaces for up to 5 vehicles. Conveniently located near shopping, restaurants, beaches, & the Swampscott Commuter Rail. A rare move-in-ready investment opportunity.
Listed by
Listing Agent - Nikki Martin Group
Listing Office - Compass
Source: MLS Property Information Network, Inc. mls logo
MLS#73541580 • last updated 1 month ago
Movoto checked MLS Property Information Network, Inc. for data 23 minutes ago
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Overview
Cooling/AC None
Heating Steam, Oil, Electric, Hot Water, Natural Gas
Levels/Style 6, 6
MLS # 73541580
Type Residential Income
Status Active
SubType 3 Family
SqFt 3567
Lot Size (SqFt) 5327
Lot Size (Acres) 0.12
Annual Property Tax 828800
Year Built 1880
Interior
Total # of Bathrooms 5
# Full Baths 5
Total # of Bedrooms 7
Basement Full
Total # of Rooms 18
Flooring Hardwood
Appliances Washer, Dryer, Range, Refrigerator
Interior Features Living Room, Kitchen
Window Features Insulated Windows
Exterior
Foundation Stone
Roof Shingle
Construction Frame
# Covered Spaces 2
# Parking Spaces 5
# Garage Spaces 2
Exterior Features Professional Landscaping
Patio/ Porch Porch, Deck - Composite
Lot Desc Cleared
Amenities / Utilities
Sewer Public Sewer
Utilities For Gas Range, for Electric Oven
Electricity Circuit Breakers, 200+ Amp Service
Water Source Public
Location
Waterfront Ocean, 0 To 1/10 Mile To Beach, Beach Ownership(Public)
County Essex
Community Features Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Highway Access, House Of Worship, Public School
Zoning Residental
APN 2000597
Directions Lynn Shore Drive To Eastern Avenue
Multifamily Details
Rent Includes Unit 1(Heat), Unit 2(Heat, Electric, Hot Water), Unit 3(Heat, Electric, Hot Water, None), Unit 4(Heat, Electric, Hot Water, None)
Net Operating Income 122338
Operating Expense 19262
Total Actual Rent 4200
Financial Data Source Owner
Expense: Water/ Sewer 1300
Gross Income 141600
Expense: Electricity 600
Gross Scheduled Income 1700
Lot/ Land Details
Road Frontage Public
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