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50 Eastern Ave

Essex, MA 01929
$560,000
4 Beds
2 Baths
2,145 Living Area
  • Property Description
    OFFER DEADLINE 8/13- 3:00pm. Mid Oct. closing requested...Exceptional Investment Opportunity! This two-unit home, situated on a desirable corner lot, offers both convenience and potential. Located near the scenic Essex River and tranquil marshlands, the property enjoys a south-facing orientation, providing an abundance of natural light throughout the day.The first-floor unit is a cozy 1 bedroom space featuring an inviting eat-in kitchen, a comfortable living room with built-in cabinetry, bathroom, and a bedroom. The second unit spans the upper levels and offers more room with its 3 bedrooms. It includes an eat-in, fully equipped kitchen, a generous living room, and a full bathroom with washer/dryer hook ups, making it ideal for tenants looking for extra space.Both units benefit from off-street parking. If you're looking to generate rental income this home provides a solid foundation for a rewarding investment. Property to be sold "as is". . Separately metered for electricity.
  • Highlights
    • Heating: Baseboard, Natural Gas
    • Property Class: Residential Income
    • Total Rooms: 7
    • Status: Closed
    • Parking Spots: 4
    • Property Type: 2 Family - 2 Units Up/Down
    • Year Built: 1900
  • Additional Details
    • Appliances: Range, Refrigerator
    • Construction: Frame
    • Flooring: Vinyl
    • Interior Features: Kitchen, Family Room
    • Road Frontage Type: Public
    • Total Number of Units: 2
    • Year Built Source: Public Records
    • Basement: Partial, Dirt Floor
    • Fireplaces: 1
    • Foundation: Stone
    • Lot Features: Corner Lot
    • Roof: Shingle
    • Year Built Details: Approximate
    • Zoning: Rs2
  • Amenities
    • Community Features: Park, Conservation Area, Highway Access, House of Worship, Public School
    • Parking Features: Off Street, Unpaved
  • Utilities
    • Electric: 100 Amp Service, Individually Metered
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $530,600
    • Compensation Based On: Gross/Full Sale Price
    • Rental Fee Includes: Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water)
    • Taxes: $7,068
    • Buyer Agent Compensation: 2%
    • Facilitator Compensation: 1%
    • Tax Year: 2024
    • Total Rent: $19,200

Location

50 Eastern Ave, Essex, MA 01929

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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 RE/MAX 360. 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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