317 Eastern Avenue

Lynn, MA 01902

$685,000
Last Sold Price
4
Beds
2
Baths
2,100 Sq. Ft.
$326 / Sq. Ft.
2,100
Sq. Ft.
$326
per Sq. Ft.

Description

Top To Bottom renovated home! Great Tax Exchange opportunity. This is your chance to purchase a maintenance-free investment property! Both units feature new kitchen cabinets, SS appliances, backsplash, laminate flooring, freshly painted throughout. All new plumbing in the bathrooms, beautiful tile work, and new tubes. All windows were replaced. Utilities are separate and efficient, run by 2 new tankless heating systems. 4 hookups for the washer and dryer were installed in the basement. The basement...Top To Bottom renovated home! Great Tax Exchange opportunity. This is your chance to purchase a maintenance-free investment property! Both units feature new kitchen cabinets, SS appliances, backsplash, laminate flooring, freshly painted throughout. All new plumbing in the bathrooms, beautiful tile work, and new tubes. All windows were replaced. Utilities are separate and efficient, run by 2 new tankless heating systems. 4 hookups for the washer and dryer were installed in the basement. The basement has very tall ceilings with the potential to be finished. New pavement leads to 4 car garage, the garage roof was replaced and new doors are being installed. Conveniently located near shoppings & restaurants, only 2 miles from the beach! Nothing left to be done, the property is generating top dollar rent income from amazing tenants!
  1. Listed by North Star Group • LAER Realty Partners
  2. Listed by Sabrina Stewart • eXp Realty

Property Details for 317 Eastern Avenue

Town
Lynn
Area
MA-Lynn
Garage Spaces
4
Parking Spaces
6.00
Parking Spaces Total
10

Location

Listing Courtesy of LAER Realty Partners, North Star Group; eXp Realty, Sabrina Stewart

Sold By eXp Realty, Kelly Morales

Add your commute
LISTING UPDATED: 08/06/2022 07:44 AM

Property Details for 317 Eastern Avenue

StatusSold
MLS #72860750
Days on Market34
Taxes$6,316 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family - 2 Units Up/Down
Year Built1920
CountyEssex County

Location

Listing Courtesy of LAER Realty Partners, North Star Group; eXp Realty, Sabrina Stewart

Sold By eXp Realty, Kelly Morales

Add your commute

Building Information for 317 Eastern Avenue

Stories3Residences2Year Built1920Building Size-Lot Size0.13 AC / 5,462 SF

Payment Calculator

$4,265 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,738

Property Taxes

$526

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 317 Eastern Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Public School
  • Current Financing: Conv. Fixed
  • Living Area: 2100.0
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Electric Water Heater
  • Basement Features: Full
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Laminate
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
  • Waterfront Features: Beach Front, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Parking Features
  • Covered Spaces: 4.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street, Improved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Improved Driveway
  • Parking Features: Off-Street, Improved Driveway
Utilities
  • Electric: 110 Volts, 220 Volts
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Disclosures: Unit 1 leased until 02/28/2022. Unit 2 leased until 05/31/2022. A copy of the leases will be provided once the offer is accepted. Find a list of improvements attached.
Tax Information
  • Tax ID: 1997656
  • Assessments: $484,700
  • Book: 39297
  • Tax Year: 2021
  • Zoning: R1
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Block
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 2
  • Heat Zones: 2
Income / Expenses
  • GOI: $48,000.00
  • NOI: $48,000.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $4,000.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2%
  • Other Agent Compensation: 0

Property History for 317 Eastern Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 317 Eastern Avenue

Taxable ValueLand$194,600Additions$507,200Total$701,800
Tax Record2024$7,390 ($616 / month)
Home Facts
Baths2Total Finished SqFt2,100 SqFtAbove Grade Finished SqFt2,100 SqFtUnfinished Basement SqFt1,050 SqFtStories2Lot Size5,462 SqFtStyleDuplexYear Built1920Year Renovated1966ZoningR1CountyESSEXAPNLYNN M:105 B:423 L:038Fireplace TypeHas Fireplace

Schools near 317 Eastern Avenue

This home is within Lynn School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - 6 to 8
Public - 6 to 12
Rating
School
Distance
William R Fallon
PublicK to 5

Aborn Elementary School
PublicK to 5

Thurgood Marshall Middle School
Public6 to 8

Fecteau-Leary Junior/Senior High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of LAER Realty Partners, North Star Group; eXp Realty, Sabrina Stewart

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.