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Sold on 11/19/2024

461-463 Eastern Ave, Lynn, MA 01902

  • $1,417,000

    Last sold 11/19/2024 for $1.21M

  • 8

    bed

  • 6

    bath

  • 5,232

    Sqft ($231/Sqft)

Multi-family not for sale
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About 461-463 Eastern Ave

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 5,899 Sqft
Movoto estimate
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.
Listed by
Listing Agent - Myriam Piervil
Listing Office - Myriam Piervil
Source: MLS Property Information Network, Inc. mls logo
MLS#73311217 • last updated 1 year ago
Movoto checked MLS Property Information Network, Inc. for data 7 minutes ago
Overview
Heating Oil, Electric
Levels/Style 9, 9
MLS # 73311217
Type Residential Income
Status Closed
SubType 4 Family
SqFt 5232
Lot Size (SqFt) 5899
Lot Size (Acres) 0.14
Annual Property Tax 15067
Year Built 1900
Interior
Total # of Bathrooms 6
# Full Baths 6
Total # of Bedrooms 8
Basement Partially Finished
Total # of Rooms 18
Flooring Wood, Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features Upgraded Cabinets, Upgraded Countertops, Living Room, Dining Room, Kitchen
Window Features Insulated Windows
Exterior
Foundation Stone
Roof Rubber
Parking Desc Paved Drive, Off Street
# Parking Spaces 8
Patio/ Porch Porch
Amenities / Utilities
Sewer Public Sewer
Utilities For Electric Range
Electricity 110 Volts
Water Source Public
Location
Waterfront Beach Front, Ocean, 3/10 To 1/2 Mile To Beach
County Essex
Community Features Public Transportation, Shopping
Zoning R1
APN 1997389
Directions GPS
Multifamily Details
Rent Includes Unit 3(Water), Unit 4(Water)
Net Operating Income 15600
Total Actual Rent 2600
Gross Income 15600
Lot/ Land Details
Road Frontage Public
$1.41M
Range: $1.2M-$1.62M
Last 30 days 
  • Nov 2024
    mls logo MLS # 73311217
  • Nov 20, 2024 Active
    —
  • Nov 9, 2024 Listed
    $1,200,000 (+34.7%)
  • Jun 2020
    mls logo MLS # 72673557
  • Jun 14, 2020 Listed
    $890,900
  • 461-463 Eastern Ave
    $1.21M
  • Eastern Avenue
    $314K -58% y/y
  • 01902
    $479K +36% y/y
  • Lynn
    $549K -6% y/y
No chart available
Statistics calculated by Movoto

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5/10
Hood Elementary School
public Grades PK, K-5
Lynn School District
N/A
William R Fallon Elementary School
public Grades 1-5
Lynn School District
3/10
Thurgood Marshall Middle School
public Grades 6-8
Lynn School District
1/10
Fecteau-Leary Junior/Senior High School
public Grades 6-12
Lynn School District
2/10
Lynn English High School
public Grades 9-12
Lynn School District
Source: GreatSchools.org © 2026. All rights reserved.

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The real estate listing data marked with this icon comes from the IDX program of the Massachusetts Multiple Listing Service™ system.
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 in 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.
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