$520,000
$499,000
4.2%For more information regarding the value of a property, please contact us for a free consultation.
8 Congress Street Lynn, MA 01904
4 Beds
2 Baths
1,657 SqFt
Key Details
Sold Price $520,000
Property Type Multi-Family
Sub Type 2 Family - 2 Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 1,657 sqft
Price per Sqft $313
MLS Listing ID 73002278
Sold Date 08/11/22
Bedrooms 4
Full Baths 2
Year Built 1890
Annual Tax Amount $5,198
Tax Year 2022
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type 2 Family - 2 Units Up/Down
Property Description
Great investment property. ideal for owner-occupied situation. It is in move-in ready condition. 11 miles to Boston and 5 miles to Logan Airport. Each unit has its own utilities and separate entrance with own patio. 3 cars off street parking. Basement partially finished. Great potential to add value by finishing the basement. Basement is recently repointed and completely dry. The potential rental income is 43K with current market condition. House is close to all central market district with two supermarkets nearby. bring your ideas and make this project as a money maker. Add on features will add on to your investment. This is Two family house without paying developers mark up..work your way through to equity....open house 06/25 and 06/26 11.00- 2.00
Location
State MA
County Essex
Area West Lynn
Zoning R4
Direction off western Avenue
Rooms
Basement Partial, Walk-Out Access, Concrete
Interior
Interior Features Other (See Remarks), Unit 1(Ceiling Fans, High Speed Internet Hookup, Bathroom With Tub & Shower, Internet Available - Broadband), Unit 2(Ceiling Fans, Programmable Thermostat), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen)
Heating Forced Air, Unit 1(Forced Air, Oil), Unit 2(Forced Air, Oil)
Cooling None, Unit 1(Window AC), Unit 2(Window AC)
Flooring Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
Appliance Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections Varies per Unit
Exterior
Exterior Feature Rain Gutters
Community Features Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, Private School, Public School, T-Station, University
Utilities Available for Gas Range, for Electric Range, Varies per Unit
Waterfront Description Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Roof Type Shingle
Total Parking Spaces 3
Garage No
Building
Story 3
Foundation Block, Stone
Sewer Public Sewer
Water Public
Schools
Elementary Schools Lynnwood
Middle Schools Pickering
High Schools Lynn English
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Bought with Melinda Puzon • MP Signature Realty LLC
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