new - 7 days on rocket

461-463 Eastern Ave, Lynn, MA, 01902

$1,200,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
6 Full Baths
5,232 SqFt
$229/SqFt
Multi

Location

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461-463 Eastern Ave, Lynn$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive, Off Street
Year Built1900
HeatingOil, Electric
BasementYes
WaterfrontBeach, Ocean Front
MLS #73311217
Lot Size0.14 Acres
StatusActive

About 461-463 Eastern Ave

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.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 5,232 SqFt

Listing Office:

  • Office Name: Myriam Piervil
  • Office Phone: (857) 930-1341
  • Listing Agent: Myriam Piervil

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Basement: Yes
  • Flooring Type: Wood, Tile, Hardwood
  • Interior: Upgraded Cabinets, Upgraded Countertops, Living Room, Dining Room, Kitchen

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Waterfront: Beach, Ocean Front

Parking Information:

  • Parking: Paved Drive, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Oil, Electric

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
  • Price Per SqFt: $229/SqFt

Tax Information:

  • Annual Amount: $12,814
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lynn, MA.

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Lynn, MA

City

Med. Sold Price

$570K

Med. Price/SqFt

$357

Avg. Days On Market

23

# of Sold Homes

43

461-463 Eastern Ave vs Lynn

7 DAYS ON ROCKET

-16 Days

$1,200,000

+$630K More

$229/SqFt

-$129 Less

KEY TAKEAWAY

This property is $630K more than the Median Sold Price and $129/SqFt less than other homes in Lynn, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73311217

Listing Office:

  • Office Name: Myriam Piervil
  • Office Phone: (857) 930-1341
  • Listing Agent: Myriam Piervil

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 8:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 05, 1999Home Sold
$269,000
Feb 28, 1990Home Sold
$325,000

Tax History

YEARPROP. TAXASSESSMENT
2021$12,814$983,400
2020$12,258$914,800
2019$10,771$753,200
2018$10,060$664,000
2017$9,524$610,500

History based on county public records data.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-427003
8
/10

  • Hadley

  • 24 Redington St

  • 0.35 miles

  • Public District Grades KG-4

school-card-donut-427004
3
/10

  • Brickett Elementary School

  • 123 Lewis St

  • 0.42 miles

  • Public District Grades KG-5

school-card-donut-427005
4
/10

  • Clarke

  • 100 Middlesex Ave

  • 0.57 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,667. The majority of Lynn, MA residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Essex County›Lynn›01902›461-463 Eastern Ave

This home is located at 461-463 Eastern Ave in Lynn, MA and zip code 01902. This 5,232 square foot home, which was built in 1900, sits on a 0.14 acre lot. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 09, 2024 and is currently priced at $1,200,000.

In October 2024, from all listings sold in Lynn, MA there were more than 27 sold above asking price, over 12 sold below and more than 4 were sold right at the asked price. In October 2024 in Lynn, MA there were 1.1% less homes for sale than in September 2024. Listings spent 23 days on the market in October 2024, and had a median list price of $570,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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