NOT LISTED FOR SALE

126 Eastern Ave Lynn, MA 01902

Diamond District Neighborhood
12 Beds
12 Baths
9,471 Sq Ft
6,098 Sq Ft Lot

Last Sold June 30, 2014

Last sale price $950,000 $100 Per Sq Ft

47 Days on Market

About This Home

As of June 2014

Attention investors! Don't even think about skipping this amazing 12 unit apartment building. Close proximity to the beach and Swampscott commuter rail. Building is in good condition, and includes 12 one bedroom apartments. Owner installed 12 burners in 2010. Separate meters for electric. Coin-op laundry facilities in the basement. Current owner has tenants in all units, and it has been a turn-key operation. This location is incredible and this amazing investment can be yours! Over a 7% CAP rate

Last Agent to Sell the Property

Sean Connelly

William Raveis R.E. & Home Services Listed on: 04/14/2014

William Raveis R.E. & Home Services

Last Buyer's Agent

Team Chilton Newell

Coldwell Banker Realty - Topsfield

Property Details

Home Type

Multi-Family

Year Built

1903

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Other Agent: 1.75
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1903

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 9
  • Amenities: Public Transportation, Shopping, Medical Facility, House of Worship, T-Station, University
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Vinyl, Wall to Wall Carpet
  • Basement: Full

Exterior Features

  • Roof: Rubber
  • Construction: Frame
  • Exterior: Aluminum
  • Exterior Features: Porch - Enclosed
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Spaces: 0

Utilities

  • Hot Water: Natural Gas

Lot Info

  • Assessor Parcel Number: M:103 B:535 L:019

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2014 06/30/14 Sold $950,000 -13.2% $100 / Sq Ft
05/31/2014 05/31/14 Pending -- -- --
04/14/2014 04/14/14 For Sale $1,095,000 -- $116 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $26,661 $2,573,500 $984,000 $1,589,500
2024 $27,096 $2,573,200 $984,000 $1,589,200
2023 $23,641 $2,120,300 $822,000 $1,298,300
2022 $21,024 $1,691,400 $684,000 $1,007,400
2021 $20,960 $1,608,600 $624,000 $984,600
2020 $20,470 $1,527,600 $600,000 $927,600
2019 $18,643 $1,303,700 $547,200 $756,500
2018 $16,729 $1,104,200 $456,000 $648,200
2017 $15,251 $977,600 $396,000 $581,600
2016 $15,235 $941,600 $360,000 $581,600
2015 $15,155 $904,800 $360,000 $544,800
Source: Public Records

Agents Affiliated with this Home

  • Sean Connelly

    Seller's Agent in 2014

    Sean Connelly

    William Raveis R.E. & Home Services

    (781) 631-2330

    15 in this area

    86 Total Sales

    Sean Connelly
    Section Image

  • T

    Buyer's Agent in 2014

    Team Chilton Newell

    Coldwell Banker Realty - Topsfield

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71661131

MLS Property Information Network (MLS PIN)
Massachusetts Essex County Lynn 01902 Diamond District

126 Eastern Ave, Lynn, MA

Not Listed for Sale

MultiFamily

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