548 Eastern Ave Lynn MA 01902 MLS #73358528

548 Eastern Ave
Lynn, MA, 01902
$714,900
4 Beds
2 Baths
1,972 SqFt
0.12 Acres
$714,900
548 Eastern Ave
Lynn, MA, 01902
HOT DEAL! Situated in the heart of a thriving neighborhood of East Lynn in a close proximity to Salem and Swampscott, this property offers an excellent opportunity for investors or those looking to offset their mortgage expenses with rental rates ranging from $2,000/monthly to $2,600/monthly per unit. Every unit includes a kitchen, dining area, family room, flex rooms, storage, bath and bedrooms. Outdoor features a fenced in expansive yard, two car garage and ample amount of off street parking. The house is serviced by public water/sewer, natural gas for cooking and oil for heating. This convenient location provides easy access to major highways and public transportation, making it an ideal spot for those who wish to enjoy a peaceful coastal setting while remaining connected to the hustle and bustle of city life. Enjoy nearby amenities at the stretch of your hand: MBTA/buses/schools/restaurants/grocery/cafes/bakeries/parks/ponds/trails and more. Vacant & Ready! OH Today, Sat & Sun

Property Details

Price:
$714,900
MLS #:
73358528
Status:
Pending
Beds:
4
Baths:
2
Address:
548 Eastern Ave
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
Neighborhood:
East Lynn
City:
Lynn
Listed Date:
Apr 11, 2025
State:
MA
Finished Sq Ft:
1,972
Total Sq Ft:
1,972
ZIP:
01902
Lot Size:
5,114 sqft / 0.12 acres (approx)
Year Built:
1910
Units:
2

Schools

Elementary School:
Hood
Middle School:
Marshall
High School:
English

Interior

Bathrooms
2 Full Bathrooms
Flooring
Wood, Tile, Hardwood, Stone/ Ceramic Tile
Heating
Forced Air, Steam

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Medical Facility, Laundromat, Highway Access, T- Station
Construction Materials
Frame
Exterior Features
Rain Gutters, Garden
Parking Features
Paved Drive, Off Street, Deeded, Driveway
Parking Spots
5
Roof
Shingle

Financial

Net Operating Income
$54,000
Tax Year
2025
Taxes
$6,557
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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