642-648 Eastern AvenueLynn, MA 01902MLS Number 73216485

  • Sale Price: $1,176,000
  • 617 Days Since Sale
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Federal 30-year interest rate: 6.52% last updated on Jun 11, 2026
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Sold
642-648 Eastern Avenue Lynn MA 01902642-648 Eastern Avenue Lynn MA 01902642-648 Eastern Avenue Lynn MA 01902642-648 Eastern Avenue Lynn MA 01902642-648 Eastern Avenue Lynn MA 01902642-648 Eastern Avenue Lynn MA 01902
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  • 9Bedrooms
  • 0.24Acreage
  • 6Bathrooms
  • 1900Year Built

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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.
Listed by Daniel Finn of James A. Finn & Sons

Listing Sold by Non Member Office

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More Info

Basic Information

  • Concessions Amount $10,400
  • Contingency Pending P&S
  • Gross Income $75,600
  • Listing Terms Estate Sale
  • Lot Features Corner Lot
  • Mls StatusSold
  • Parcel Number 1997980
  • Rent Includes Unit 1(Water)

Building

  • BasementFull, Interior Entry
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationOther
  • Rooms21
  • Stories8
  • Units5
  • Utilities For Gas Range
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Public Records

Amenities

  • AmenitiesPublic Transportation, Shopping, Park
  • Appliances IncludedRange
  • Other AmenitiesBasement

Tax Information

  • Tax Assessed Value $1,001,900
  • Tax Year 2024
  • Taxes$10,832

Rooms

  • Bathroom6
  • Bathrooms Total Decimal 5
  • Bedrooms9
  • Full Bath4
  • Half Baths2

Location

  • Address642-648 Eastern Avenue
  • Building Number642-648
  • CountyEssex
  • StateMA
  • StreetEastern Avenue
  • TownLynn
  • Zip01902

Exterior

  • RoofShingle, Tar/Gravel

Utilities

  • Electric 100 Amp Service
  • Heat SystemYes
  • Heating Forced Air, Natural Gas
  • Sewer Public Sewer
  • Water Source Public

Parking

  • Open Parking YN Yes
  • Parking Features Shared Driveway, Off Street
  • Parking Spaces8

Basic Information

  • List Price$1,200,000
  • MLS Number73216485
  • Modification Date10/14/2024
  • Property SubType3 Family
  • Purchase Contract Date04/05/2024
  • Sale Date10/09/2024
  • Sale Price$1,176,000

Property

  • Acreage0.24
  • Frontage Length 110

Interior

  • Flooring Wood, Vinyl, Carpet, Varies
  • Interior Features Living Room, Dining Room, Kitchen

Property Information

  • Building Area Source Public Records
  • Living Area 4,549
  • Lot Size Square Feet 10,640
  • Lot Size Units Acres
  • Square Feet4,549

Other

  • Buyer Agency Compensation2
  • Date Listed03/26/2024
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation1
  • View Count15
CENTURY 21 Shawmut Properties | Brighton
CENTURY 21 Shawmut Properties | Brighton
134 Tremont Street
Brighton, MA 02135

Lynn, MA Demographics

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Lynn, MA Real Estate Market Data

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Lynn, MA Schools

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The property listing data and information, or the Images, 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 MLSPIN. The property listing data and information, and the Images, 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. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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