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.
Sold for $1,176,000
$1,176,000
642-648 Eastern Ave, Lynn, MA 01902
9beds
4,549sqft
3 Family
Built in 1900
-- sqft lot
$-- Zestimate®
$259/sqft
$-- Estimated rent
Home value
Not available
Estimated sales range
Not available
Not available
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Daniel Finn 978-922-0379,
James A. Finn & Sons 978-922-0379,
James Finn 978-578-3689
Bought with:
Non Member
Non Member Office
Source: MLS PIN,MLS#: 73216485
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
Heating
- Forced Air, Natural Gas
Appliances
- Included: Range
Features
- Living Room, Dining Room, Kitchen
- Flooring: Wood, Vinyl, Carpet, Varies
- Basement: Full,Interior Entry
- Has fireplace: No
Interior area
- Total structure area: 4,549
- Total interior livable area: 4,549 sqft
Property
Parking
- Total spaces: 8
- Parking features: Shared Driveway, Off Street
- Uncovered spaces: 8
Features
- Frontage length: 110.00
Lot
- Size: 10,640 Square Feet
- Features: Corner Lot
Details
- Parcel number: 1997980
- Zoning: R1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Other
- Roof: Shingle,Tar/Gravel
Condition
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & HOA
Community
- Features: Public Transportation, Shopping, Park
Location
- Region: Lynn
Financial & listing details
- Price per square foot: $259/sqft
- Tax assessed value: $1,001,900
- Annual tax amount: $10,832
- Date on market: 1/1/2026
- Listing terms: Estate Sale
- Total actual rent: 6300
Price history
| Date | Event | Price |
|---|---|---|
| 10/9/2024 | Sold | $1,176,000-2%$259/sqft |
Source: MLS PIN #73216485 Report a problem | ||
| 4/7/2024 | Contingent | $1,200,000$264/sqft |
Source: MLS PIN #73216485 Report a problem | ||
| 3/26/2024 | Listed for sale | $1,200,000$264/sqft |
Source: MLS PIN #73216485 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 01902
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Nearby schools
GreatSchools rating
- 6/10HoodGrades: PK-5Distance: 0.5 mi
- 4/10Thurgood Marshall Middle SchoolGrades: 6-8Distance: 1.1 mi
- 1/10Lynn English High SchoolGrades: 9-12Distance: 0.6 mi
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- Massachusetts
- Essex County
- Lynn
- 01902
- 642-648 Eastern Ave
