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642 648 Eastern Ave

Lynn, MA 01902

9 beds
6 baths
4,549 sqft
10,640 sqft lot
$258 per sqft
1900 build
– on site

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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.

Listing courtesy of MLSPIN / Daniel Finn / James A. Finn & Sons

Last checked: Checking… • Last updated Oct 14, 2024 •

MLS# 73216485 —

The Building

Year Built:

1900
Year Built Details:

Approximate
Year Built Source:

Public Records
Construction Materials:

Frame
Roof:

Shingle
Basement:

Full
Foundation Details:

Other
Stories Total:

8
# of Units Total:

5
Building Area Total:

4549
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

21
Interior Features:

Living Room
Flooring:

Wood
Fireplace:

false

Room Dimensions

Living Area:

4549

Location

Directions:

Corner of Eastern and Western Ave.
Latitude:

42.48453
Longitude:

-70.941447

The Property

Parcel Number:

1997980
Property Type:

Residential Income
Property Subtype:

3 Family
Lot Features:

Corner Lot
Lot Size Units:

Acres
Lot Size Area:

0.24
Lot Size SqFt:

10640
Lot Size Acres:

0.24
Zoning:

R1
Frontage Length:

110.00
Water View:

No
Waterfront:

false
Farm Land Area Units:

Square Feet
Road Frontage Type:

Public

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

4 & 5
Tax Block:

442
Tax Map Number:

98
Tax Book Number:

6285
Tax Annual Amount:

10832.57
Tax Assessed Value:

1001900

Beds

Bedrooms Total:

9

Baths

Total Baths:

5
Total Baths:

6
Full Baths:

4
Half Baths:

2

The Listing

Home Warranty:

false
Sub Agency Relationship Offered:

No

Heating & Cooling

Heating:

Forced Air
Heating:

true

Utilities

Utilities:

for Gas Range
Electric:

100 Amp Service
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Range

The Community

Senior Community:

false
Community Features:

Public Transportation
Spa:

false

Parking

Garage:

false
Parking Total:

8
Parking Features:

Shared Driveway
Open Parking:

true

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/9/24 Oct 9, 2024	Sold	MLSPIN	$1,176,000	-2.0%
4/21/24 Apr 21, 2024	Pending	MLSPIN	$1,200,000
4/7/24 Apr 7, 2024	Sold Subject To Contingencies	MLSPIN	$1,200,000

Multifamily Sold on 10/9/2024

$1,176,000

Listing provided by broker:

Daniel Finn

James A. Finn & Sons

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Listing Courtesy of: MLSPIN and James A. Finn & Sons.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) 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 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., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.

642 648 Eastern Ave

Lynn, MA 01902