Movoto Real Estate
Sold on 01/21/2022

386 Eastern, Lynn, MA 01902

$1,002,000

Last sold 01/21/2022 for $775K

  • 6

    bed

  • 4

    bath

  • 3,540

    Sqft ($219/Sqft)

Multi-family not for sale

About 386 Eastern

Property type Multi-family
Neighborhood
Year built 1932
HOA fee $0/month
Lot size 5,160 Sqft
Movoto estimate
Property description
Welcome to 386 Eastern Ave., annual estimated rent: $60,000! Near the Swampscott line in the desirable neighborhood of Aborn Elementary School. Directly off Rt. 129, seconds to 1A & 107, minutes to Rt. 1,128, I-95 With approximately 3500 square feet, this 3-family is chock full of investment and income potential. Each two-bed, one-bath unit features over 1000 sq ft of bright open living space with a flowing kitchen, dining, and living room layout. (See floor plans). Plus there is an additional full bath and finished office in the basement! Original classic woodwork, wood flooring, moldings, and built-in china cabinets are found throughout the building. Additionally, plumbing has been updated along with newer water heaters and a newer 40-year roof. This TWENTY-room building sits on 5160 sqft. Lot with 6+ parking spaces. Two front porches, 2 three-season porches, partially finished basement, separate utilities. Come check out the potential for this cash cow! First showing is open house.
Listed by
Listing Agent - Joseph Scapicchio
Listing Office - Berkshire Hathaway HomeServices Warren Residential
Source: MLS Property Information Network, Inc. mls logo
MLS#72923991 • last updated 4 years ago
Movoto checked MLS Property Information Network, Inc. for data 3 minutes ago
Overview
Levels/Style 3
Type Multi-family
MLS # 72923991
SqFt 3540
Status Sold
SubType 3 Family - 3 Units Up/Down
Lot Size (Acre) 0.12
Property Tax 8000
Year Built 1932
Short Sale (Y/N) No
Foreclosure (Y/N) No
Interior
# Full Baths 4, 4
Total # of Bedrooms 6, 6
Total # of Rooms 18, 20, 18
# Fireplaces 0, 0
Exterior
Foundation Fieldstone
# Parking Spaces 6
Lot Desc Paved Drive
Amenities / Utilities
Water Source City/Town Water
HOA Amenities Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path
Location
Waterfront Bay, Ocean, Walk To
Distance to Beach (mi.) 1/2 To 1 Mile
Area East Lynn
County Essex
Elementary School Aborn
APN 1998548
Multifamily Details
# of Units 3
$1M
Range: $751K-$1.25M
Last 30 days 
  • Jan 2022
    mls logo MLS # 72923991
  • Jan 21, 2022 Sold
    $775,000 (+3.3%)
  • Dec 1, 2021 Listed
    $750,000 (+113.4%)
  • Nov 2007
    mls logo MLS # 70514088
  • Nov 2, 2007 Sold
    $351,500
  • Jan 21, 2007 Listed
    $380,000 (-16.8%)
  • Oct 2007
    Public Records
  • Oct 26, 2007 Sold
    $351,500 (-7.5%)
  • Aug 2004
    Public Records
  • Aug 11, 2004 Sold
    $457,000
  • Year Property taxes Tax assessment
  • 2025
    $8,611 +0.4%
    $831,200 +2.08%
  • 2024
    $8,575 -0.6%
    $814,300 +5.27%
  • 2023
    $8,625 +2.1%
    $773,500 +13.83%
  • 2022
    $8,446 +6.2%
    $679,500 +11.32%
  • 2021
    $7,954 +5.3%
    $610,400 +8.25%
  • 2020
    $7,556 +2.9%
    $563,900 +9.84%
  • 2019
    $7,342 +7.8%
    $513,400 +14.24%
  • 2018
    $6,808 +5.0%
    $449,400 +8.11%
  • 2017
    $6,485 +8.4%
    $415,700
  • 2016
    $5,982
    —
  • 386 Eastern
    $775K
  • Eastern Avenue
    $550K -3% y/y
  • 01902
    $479K +36% y/y
  • Lynn
    $570K +14% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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