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Lynn 01904
42 - 44 Western Avenue
$1,249,000
Multifamily - For Sale

42 - 44 Western Avenue

Lynn, MA 01904
bedrooms
6 Beds
bathrooms
4 Baths, 1 Half Bath
$7,169
Est. Monthly
5.25%
Cap Rate

About This Property

AMAZING OPPORTUNITY **!!TWO HOUSES!!** 2 FAMILY(4 bed) + SINGLE FAMILY(2 bed) on same lot!!! Beautifully renovated ranch offers single level living w/open floor plan, all new gourmet kitchen & bath, AC, gas FP, hardwood flrs, all newer windows, roof 2015. Well maintained 2 FAM offers great income while you live in the single fam - rental income from 2 beautiful apartments can easily subsidize your mortgage. Or, consider multi-generational living?? Downsize to the ranch, while your kids live nextdoor. You set the rental fee - they get reasonable rent while saving for a down payment; you get income: A Win-Win!!  Beautiful lg yard set back nicely from the street, plenty of off street parking, 2 car garage. Huge attic in the 2 FAM can be finished for addl living space. RARE OPPORTUNITY - DON'T MISS OUT!  Also listed as SINGLE FAMILY listing MLS #73256475
Unit Size
-
Days on Market
10 days
Land Size
0.42 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$1,036
HOA Dues
-
Year Built
1957

Listed By

Lisa Scourtas
RE/MAX 360
Last updated: 3 days ago (MLSPIN #73256421)

Price History

Date / Event Date Event Price
Jun 24, 2024 Listed by RE/MAX Beacon $1,249,000
Listed by RE/MAX Beacon

Property Highlights

Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Paved Drive, Off Street, Paved
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Ceiling Fan(s), Stone/Granite/Solid Counters, High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Open Floorplan, Remodeled, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Sunroom, Office/Den
Appliances: Range, Dishwasher, Disposal, Refrigerator, Freezer
Flooring Type: Tile, Hardwood, Stone/Ceramic Tile
Rooms: 17
Has Fireplace
Fireplace Features: Gas
Fireplaces: 1
Basement: Full
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: 3 Family
Stories (Total): 4
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s), Screens
Construction Materials: Frame
Patio and Porch Features: Enclosed, Screened
Lead Paint: Unknown
Lot Size Area: 0.42
Lot Size Units: Acres
Lot Size Acres: 0.42
Zoning: R1
Water Source: Public
Financial Details
Tax Assessed Value: $1,180,300
Tax Annual Amount: $12,429
Utilities Details
Utilities: for Electric Range
Cooling Type: Central Air, None
Heating Type: Forced Air, Natural Gas, Hot Water, Oil
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station, University

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
6 Beds
4 Baths
-
$950,000 Jun 21, 2023
$950,000 Aug 16, 2023
$616/mo
Land
Loft
-
-
$1,100,000 Jan 28, 2016
$1,100,000 Jul 29, 2016
$2,159/mo
Commercial
Loft
-
-
$1,025,000 Jun 12, 2005
$1,025,000 Jan 27, 2006
$800/mo
Multifamily
9 Beds
6 Baths
-
$1,200,000 Mar 26, 2024
-
$903/mo
Commercial
Loft
3 Baths
-
$1,300,000 Mar 4, 2024
-
$821/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

42 Western Avenue 42 Western Avenue, Lynn, MA 01904
  • 1 Unit for Sale
More about this Building
42 Western Avenue
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About Lynn


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