HOT DEAL! Situated in the heart of a thriving neighborhood of East Lynn in a close proximity to Salem and Swampscott, this property offers an excellent opportunity for investors or those looking to offset their mortgage expenses with rental rates ranging from $2,000/monthly to $2,600/monthly per unit. Every unit includes a kitchen, dining area, family room, flex rooms, storage, bath and bedrooms. Outdoor features a fenced in expansive yard, two car garage and ample amount of off street parking. The house is serviced by public water/sewer, natural gas for cooking and oil for heating. This convenient location provides easy access to major highways and public transportation, making it an ideal spot for those who wish to enjoy a peaceful coastal setting while remaining connected to the hustle and bustle of city life. Enjoy nearby amenities at the stretch of your hand: MBTA/buses/schools/restaurants/grocery/cafes/bakeries/parks/ponds/trails and more. Vacant & Ready! OH Today, Sat & Sun
Sold for $770,000
$770,000
548 Eastern Ave, Lynn, MA 01902
4beds
1,972sqft
2 Family - 2 Units Up/Down
Built in 1910
-- sqft lot
$788,500 Zestimate®
$390/sqft
$2,877 Estimated rent
Home value
$788,500
Estimated sales range
Not available
$2,877/mo
Zestimate® history
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$4,703/mo
Est. payment
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Est. payment
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List your homeWhat's special
Two car garageOff street parkingFenced in expansive yard
Zillow last checked:
Listing updated:
Listed by:
Maria Babakhanova 617-360-1601,
Redfin Corp. 617-340-7803
Bought with:
Jenny Lima
Coldwell Banker Realty - Marblehead
Source: MLS PIN,MLS#: 73358528
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Steam
Features
- Ceiling Fan(s), Floored Attic, Walk-Up Attic, Stone/Granite/Solid Counters, Pantry, Living Room, Dining Room, Kitchen
- Flooring: Wood, Tile, Hardwood, Stone/Ceramic Tile
- Windows: Insulated Windows
- Basement: Full,Interior Entry,Bulkhead,Concrete
- Has fireplace: No
Interior area
- Total structure area: 1,972
- Total interior livable area: 1,972 sqft
- Finished area above ground: 1,972
Property
Parking
- Total spaces: 7
- Parking features: Paved Drive, Off Street, Deeded, Driveway
- Garage spaces: 2
- Uncovered spaces: 5
Features
- Patio & porch: Porch
- Exterior features: Rain Gutters, Garden
- Fencing: Fenced/Enclosed
- Waterfront features: Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Lot
- Size: 5,114 sqft
- Features: Level
Details
- Parcel number: M:097 B:454 L:005,1998318
- Zoning: R1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 Family - 2 Units Up/Down
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1910
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, T-Station
Location
- Region: Lynn
HOA & financial
Other financial information
- Total actual rent: 4550
Other
Other facts
- Listing terms: Contract
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2025 | Sold | $770,000+7.7%$390/sqft |
Source: MLS PIN #73358528 Report a problem | ||
| 4/11/2025 | Listed for sale | $714,900+46%$363/sqft |
Source: MLS PIN #73358528 Report a problem | ||
| 12/19/2022 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/7/2022 | Price change | $2,100-4.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/30/2022 | Listed for rent | $2,200$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 12/10/2019 | Sold | $489,650+3.2%$248/sqft |
Source: Public Record Report a problem | ||
| 10/15/2019 | Pending sale | $474,651$241/sqft |
Source: Danvers Real Estate #72577686 Report a problem | ||
| 10/9/2019 | Listed for sale | $474,651$241/sqft |
Source: Danvers Real Estate #72577686 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,557 +5.5% | $632,933 +7.3% |
| 2024 | $6,214 -0.1% | $590,100 +5.8% |
| 2023 | $6,221 | $557,900 |
| 2022 | $6,221 +7.9% | $557,900 +26% |
| 2021 | $5,768 +6.6% | $442,700 +9.6% |
| 2020 | $5,411 +2.7% | $403,800 +9.6% |
| 2019 | $5,267 +5.3% | $368,300 +11.6% |
| 2018 | $5,001 +4.9% | $330,100 +8.1% |
| 2017 | $4,766 +8.5% | $305,500 +12.5% |
| 2016 | $4,394 +7.4% | $271,600 +11.2% |
| 2015 | $4,092 +8.6% | $244,300 +11% |
| 2014 | $3,769 +5.5% | $220,000 +4.2% |
| 2013 | $3,574 +4% | $211,100 +0% |
| 2012 | $3,435 +8.4% | $211,000 +8% |
| 2011 | $3,168 +9.5% | $195,300 +4.8% |
| 2010 | $2,893 -5.4% | $186,300 -22.4% |
| 2009 | $3,058 -14.2% | $240,000 -26.1% |
| 2008 | $3,565 +7.8% | $324,700 +2.1% |
| 2007 | $3,308 +7.2% | $318,100 +2.4% |
| 2006 | $3,086 +9.1% | $310,500 +11.8% |
| 2005 | $2,828 -0.8% | $277,800 +11.4% |
| 2004 | $2,851 +6.5% | $249,400 +23% |
| 2003 | $2,678 +24.7% | $202,700 +55.3% |
| 2001 | $2,148 +24% | $130,500 +33.6% |
| 1999 | $1,732 -1% | $97,700 -6.4% |
| 1995 | $1,750 | $104,400 |
Find assessor info on the county website
Neighborhood: 01902
Nearby schools
GreatSchools rating
- 6/10HoodGrades: PK-5Distance: 0.3 mi
- 4/10Thurgood Marshall Middle SchoolGrades: 6-8Distance: 0.9 mi
- 1/10Lynn English High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Hood
- Middle: Marshall
- High: English
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
$788,500
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
$788,500
- Massachusetts
- Essex County
- Lynn
- 01902
- 548 Eastern Ave
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