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461-463 Eastern Ave

Lynn, MA 01902
$1,210,000
8 Beds
6/1 Baths
5,232 Living Area
  • Property Description
    CASH FLOW ...CASH FLOW,INVESTORS TAKE NOTICE...TURN KEY OPERATION.NOTHING TO DO. Owner occupied for the past 20 years. Very well-maintained property. Completely renovated from top to bottom 8 years ago. Flat rubber roof 8 years old. Units 1 & 2 have living-dining - huge eat in kitchens, 3 beds 2 full baths occupied by owners, potential $3000 rent for each unit. Units 3 and 4 have 1 bed each and are currently rented. Partially finished basement. Hardwood floors throughout and tiled bathrooms and kitchens. Separate utilities. High rents include hot water. Close to all of the areas amenities; the commuter rails, Beaches and much more. Easy access to public transportation. Unit 1,2 and 3 to be delivered vacant. Subject to owners finding suitable housing.
  • Highlights
    • Heating: Oil, Electric
    • Parking Spots: 8
    • Property Type: 4 Family
    • Total Rooms: 18
    • Status: Closed
    • Levels: 3
    • Property Class: Residential Income
    • Stories: 3
    • Year Built: 1900
  • Additional Details
    • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
    • Exclusions: 1st Floor Refrigerator
    • Foundation: Stone
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Details: Renovated Since
    • Zoning: R1
    • Basement: Partially Finished
    • Flooring: Wood, Tile, Hardwood
    • Interior Features: Upgraded Cabinets, Upgraded Countertops, Living Room, Dining Room, Kitchen
    • Roof: Rubber
    • Total Number of Units: 4
    • Year Built Source: Public Records
  • Amenities
    • Community Features: Public Transportation, Shopping
    • Waterfront Features: Ocean, 3/10 to 1/2 Mile To Beach
    • Parking Features: Paved Drive, Off Street
  • Utilities
    • Electric: 110 Volts
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $1,430,900
    • Tax Year: 2024
    • Total Rent: $2,600
    • Rental Fee Includes: Unit 3(Water), Unit 4(Water)
    • Taxes: $15,067

Location

461-463 Eastern Ave, Lynn, MA 01902

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of oNest Real Estate. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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