642-648 Eastern Ave Lynn, MA 01902
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyEssex
- Taxes$10,832
- HOA/Condo/Coop Fees$0
- Days on Site53 Days
- MLS StatusPending
- MLS ID Number73216485
- Home Size Source Public Records
- Year Built1900
- Lot Size0.24 Acres
- Full Baths4
- Partial Baths2
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General Features
- Construction Frame
- Parking Shared DrivewayOff Street
- Parking Spaces 8
- Sewer Public Sewer
- Electric 100 Amp Service
- Basement FullInterior Entry
- Number of Stories 8
- Acreage 0.24
- Water Public
- Property Sub Type Multi Family
- Garage Spaces 0
- Foundation Other
- Zoning R1
- Buyer Agent Compensation 2
- Facilitator Compensation 1
- Compensation Based On Gross/Full Sale Price
- Sub-Agency Relationship Offered No
- Garage 0
- Parking Features Shared DrivewayOff Street
- Electricity 100 Amp Service
Interior Features
- Heating Forced AirNatural Gas
- Appliances Range
- Flooring WoodVinylCarpetVaries
- Interior Living RoomDining RoomKitchen
- Fireplaces 0
- Fireplace No
- Interior Features Living RoomDining RoomKitchen
Exterior Features
- Roof ShingleTar/ GravelTar/Gravel
- Spa No
- Waterfront Property No
- Lot Corner Lot
- Lot Features Corner Lot
Community Features
- Community Features Public TransportationShoppingPark
- Senior Community No
- Adult Care Community No