Sold!
$875,000
6
Beds
3
Baths
2,961
Living Area
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Property Description
Welcome to 450 Essex! with imposing architectural presence, this rare 2 family brick building offers almost 3000sf of living space through 3 levels with ample space (2 or 3 units), huge rooms! Full basement, 4 OFF STREET parking spaces, 2 updated kitchens and 3 bathrooms, newer floors, a 4 year old roof and a massive BRAND NEW three story deck in the back to enjoy the upcoming spring and summer! This property also offers the possibility for smart equity building; the city has determined that "use as a three family is allowed as a matter of right" for this property (Zoning Determination letter is attached to the listing.) This is a smart investment for home owners and investors alike. Property will be delivered vacant. Location ideal for cpmmuters; near Lynn Commurter rail 8 minute walk to Ellis St. Near shops and Beach.
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Highlights
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1900
- Parking Spots: 5
- Property Type: Multi Family
- Total Rooms: 12
- Status: Closed
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Additional Details
- Basement: Full, Walk-Out Access, Unfinished
- Exterior Features: Rain Gutters
- Foundation: Stone
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
- Construction: Brick, Stone
- Flooring: Varies
- Lot Features: Easements
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Cbd
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Amenities
- Parking Features: Off Street
- Waterfront Features: 3/10 to 1/2 Mile To Beach
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Utilities
- Electric: 100 Amp Service, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $675,400
- Taxes: $6,997
- Tax Year: 2025
- Total Rent: $2,500
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