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MULTIPLE OFFER SITUATION *** This expansive 3-family property in Lynn is a fantastic opportunity, whether you're an investor or looking to occupy one unit while renting out the others. Each unit features 3 bedrooms and 1 bath, offering ample space and comfort. The property boasts separate utilities for each unit, ensuring convenience and flexibility. Additional highlights include a 2-car garage and plenty of off-street parking, making it a rare find in this area. This home is more than just a place to live—it's a smart investment. Whether you're looking to generate rental income or occupy one unit while renting out the others, this property offers versatility and value. Its desirable location in Lynn places you close to local amenities, public transportation, and major highways, making it an attractive option for a wide range of potential tenants. Don’t miss your chance to own this property!

More Info

Basic Information

  • Contingency Financing
  • Gross Income $97,200
  • Mls StatusSold
  • Parcel Number M:084 B:690 L:013,2004875

Tax Information

  • Tax Assessed Value $954,000
  • Tax Year 2024
  • Taxes$10,046

School Information

  • Elementary SchoolWilliam Falon
  • High SchoolLynn
  • High School Lynn High
  • Junior HighThurgood Middle

Parking

  • Covered Spaces 2
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces5

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms9
  • Full Bath3

Basic Information

  • List Price$980,000
  • MLS Number73277847
  • Modification Date10/08/2024
  • Property SubType3 Family
  • Purchase Contract Date08/19/2024
  • Sale Date10/08/2024
  • Sale Price$1,075,000

Location

  • Address49-51 Rock Avenue
  • Building Number49-51
  • CountyEssex
  • StateMA
  • StreetRock Avenue
  • TownLynn
  • Zip01902

Building

  • BasementFull
  • Building Area Units Square Feet
  • FoundationConcrete Perimeter
  • Garage Spaces2
  • Rooms15
  • Stories6
  • Units3
  • Year Built1890
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.11

Interior

  • Flooring Hardwood

Utilities

  • Electric Individually Metered
  • Electric Expense 205
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 4,245
  • Lot Size Square Feet 5,000
  • Lot Size Units Acres
  • Square Feet4,245

Amenities

  • AmenitiesPublic Transportation, Shopping, Highway Access, Public School
  • Other AmenitiesBasement, Beachfront

Water Body

  • Miles to Beach2
  • Waterfront Features Beach Front,1 to 2 Mile To Beach, Beach Ownership(Public)

Legal

  • ZoningR4

Other

  • Date Listed08/14/2024
  • Farm Land Area Units Square Feet
  • View Count87

Map Location

Driving Directions

Listed by Viva Real Estate Team of eXp Realty

Listing Sold by 360 Realty LLC

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