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Opportunity knocks with this nearly 7000 sq foot mixed use bldg. For the savvy investor/developer. Designed by seller to have a church on the first level and 2 large apartments on the other two levels. Just about everything has been done in this property when it comes to framing, brand new beams everywhere, so no lack of support. New electrical & plumbing, ac units, heating systems, roofing, new water line has been brought to the building for a sprinkler set up. Framework for an elevator shaft. Plumbing in the basement for additional bathrooms. The heavy lifting has been done. Many possibilities for the new owners. 2nd flr. unit is framed out for a 5 bedroom apartment and the 3rd floor for a 3 bedroom apartment. It has 3-4 parking spaces. Motivated seller. Bring your imagination, turn into possibly more units. Buyer & Buyer's agent to do their own due diligence on what can and cannot be done with the property and in obtaining any information on the property. Cash/Hard Money.

More Info

Basic Information

  • Contingency Pending P&S
  • Mls StatusSold
  • Parcel Number M:054 B:721 L:002,2005636

Tax Information

  • Tax Year 2021
  • Taxes$9,098

Parking

  • Parking Spaces4

Basic Information

  • List Price$849,900
  • MLS Number72869404
  • Modification Date08/04/2022
  • Purchase Contract Date07/26/2021
  • Sale Date10/19/2021
  • Sale Price$850,000

Location

  • Address554 Western Avenue
  • Building Number554
  • CountyEssex
  • StateMA
  • StreetWestern Avenue
  • TownLynn
  • Zip01904

Building

  • Building Area Units Square Feet
  • Utilities Public Water, Public Sewer, Natural Gas Available
  • Year Built1920

Property

  • Acreage0.15

Property Information

  • Lot Size Square Feet 6,673
  • Lot Size Units Acres

Amenities

  • Other AmenitiesBasement

Legal

  • ZoningR4
  • Zoning Description Other (See Remarks)

Other

  • Buyer Agency Compensation2
  • Date Listed07/21/2021
  • Farm Land Area Units Square Feet
  • View Count55

Map Location

Driving Directions

Listed by Jessica Ortega of Castles Unlimited®

Listing Sold by Scollay Square Realty

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