OFFER DEADLINE 8/13- 3:00pm. Mid Oct. closing requested...Exceptional Investment Opportunity! This two-unit home, situated on a desirable corner lot, offers both convenience and potential. Located near the scenic Essex River and tranquil marshlands, the property enjoys a south-facing orientation, providing an abundance of natural light throughout the day.The first-floor unit is a cozy 1 bedroom space featuring an inviting eat-in kitchen, a comfortable living room with built-in cabinetry, bathroom, and a bedroom. The second unit spans the upper levels and offers more room with its 3 bedrooms. It includes an eat-in, fully equipped kitchen, a generous living room, and a full bathroom with washer/dryer hook ups, making it ideal for tenants looking for extra space.Both units benefit from off-street parking. If you're looking to generate rental income this home provides a solid foundation for a rewarding investment. Property to be sold "as is". . Separately metered for electricity.
Sold for $560,000
$560,000
50 Eastern Ave, Essex, MA 01929
4beds
2,145sqft
2 Family - 2 Units Up/Down
Built in 1900
-- sqft lot
$855,400 Zestimate®
$261/sqft
$3,241 Estimated rent
Home value
$855,400
$761,000 - $958,000
$3,241/mo
Zestimate® history
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$3,241/mo
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$3,489/mo
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$3,489/mo
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Zillow last checked:
Listing updated:
Listed by:
Fabyan and Filias Team 978-479-0157,
J. Barrett & Company 978-526-8555,
Paula Polo-Filias 978-479-0157
Bought with:
David Bransfield
RE/MAX 360
Source: MLS PIN,MLS#: 73274157
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Natural Gas
Cooling
- None
Appliances
- Included: Range, Refrigerator
- Laundry: Gas Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Features
- Kitchen, Family Room
- Flooring: Vinyl
- Basement: Partial,Dirt Floor
- Number of fireplaces: 1
Interior area
- Total structure area: 2,145
- Total interior livable area: 2,145 sqft
Property
Parking
- Total spaces: 4
- Parking features: Off Street, Unpaved
- Uncovered spaces: 4
Features
- Patio & porch: Deck - Wood, Covered
- Has view: Yes
- View description: Water, Marsh
- Has water view: Yes
- Water view: Marsh,Water
Lot
- Size: 6,107 Square Feet
- Features: Corner Lot
Details
- Parcel number: 1887505
- Zoning: RS2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 Family - 2 Units Up/Down
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service, Individually Metered
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Gas Dryer, for Electric Dryer, Washer Hookup
Community & HOA
Community
- Features: Park, Conservation Area, Highway Access, House of Worship, Public School
Location
- Region: Essex
Financial & listing details
- Price per square foot: $261/sqft
- Tax assessed value: $530,600
- Annual tax amount: $7,068
- Date on market: 1/4/2026
- Listing terms: Contract
- Total actual rent: 19200
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/4/2024 | Sold | $560,000-4.4%$261/sqft |
Source: MLS PIN #73274157 Report a problem | ||
| 8/15/2024 | Contingent | $586,000$273/sqft |
Source: MLS PIN #73274157 Report a problem | ||
| 8/6/2024 | Listed for sale | $586,000$273/sqft |
Source: MLS PIN #73274157 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,232 +2.3% | $556,700 +4.9% |
| 2024 | $7,068 -1.7% | $530,600 +2.4% |
| 2023 | $7,191 | $518,100 |
| 2022 | $7,191 +8.7% | $518,100 +23.7% |
| 2021 | $6,615 +8.8% | $418,700 +12.2% |
| 2020 | $6,080 +4.3% | $373,216 -1.6% |
| 2019 | $5,831 +1.5% | $379,400 +3.6% |
| 2018 | $5,744 +2.4% | $366,300 |
| 2017 | $5,612 +2.1% | $366,300 +5.1% |
| 2016 | $5,497 | $348,600 |
Find assessor info on the county website
Neighborhood: 01929
Nearby homes
- $672,7003 bd2 ba1.9k sqft4 Water St, Essex, MA 01929Off Market
- $--2 bd1 ba-- sqft50 Eastern Ave #1, Essex, MA 01929Off Market
- $1,155,4004 bd4 ba2.9k sqft54 Eastern Ave, Essex, MA 01929Off Market
- $797,8002 bd3 ba1.4k sqft6 Water St, Essex, MA 01929Off Market
- $770,0004 bd2 ba2.4k sqft56 Eastern Ave, Essex, MA 01929Off Market
- $693,1003 bd1 ba1.5k sqft46 Eastern Ave, Essex, MA 01929Off Market
- $875,2003 bd3 ba1.8k sqft7 Water St, Essex, MA 01929Off Market
- $906,4004 bd2 ba2.5k sqft16 Water St, Essex, MA 01929Off Market
Nearby schools
GreatSchools rating
- 6/10Essex Elementary SchoolGrades: K-5Distance: 1.1 mi
- 8/10Manchester Essex Regional Middle SchoolGrades: 6-8Distance: 3.4 mi
- 9/10Manchester Essex Regional High SchoolGrades: 9-12Distance: 3.4 mi
Schools provided by the listing agent
- Elementary: Essex Elem
- Middle: Mersd
- High: Mersd
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$855,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$855,400
- Massachusetts
- Essex County
- Essex
- 01929
- 50 Eastern Ave
Nearby cities
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