204 Eastern Ave Lynn, MA 01902
Eastern Avenue NeighborhoodEstimated payment $8,344/month
Highlights
- Property is near a beach
- Landscaped Professionally
- Property is near public transit and schools
- Waterfront
- Deck
- Wood Flooring
About This Home
Exceptional Turnkey Multi-Family Opportunity on the Lynn/Swampscott Line! This fully renovated legal 3-family property offers outstanding flexibility for investors or owner-occupants. Featuring 7 bedrooms & 5 full baths, the home includes beautifully updated units with bright living spaces, eat-in kitchens, white cabinetry, quartz countertops, stainless steel appliances, and stylish modern finishes throughout. Bathrooms showcase today's sought-after design with oversized showers & elegant gray-and-white décor. The finished attic provides additional living space with a bedroom, flex room, full bath, and kitchenette. Enjoy five maintenance-free composite decks, a fenced yard, updated windows, newly redone walkways, & low-maintenance vinyl siding w/stone accents. Ample parking includes a 2-car garage plus additional off-street spaces for up to 5 vehicles. Conveniently located near shopping, restaurants, beaches, & the Swampscott Commuter Rail. A rare move-in-ready investment opportunity.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1880
Lot Details
- 5,327 Sq Ft Lot
- Waterfront
- Landscaped Professionally
- Cleared Lot
Parking
- 2 Car Garage
- 3 Open Parking Spaces
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,567 Sq Ft Home
- Insulated Windows
- Living Room
- Wood Flooring
- Basement Fills Entire Space Under The House
- Range
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Property is near a beach
- Deck
- Porch
Location
- Property is near public transit and schools
Utilities
- No Cooling
- 3 Heating Zones
- Heating System Uses Natural Gas
- Heating System Uses Oil
- Hot Water Heating System
- Heating System Uses Steam
- 200+ Amp Service
Listing and Financial Details
- Rent includes unit 1(heat), unit 2(heat electric hot water), unit 3(heat electric hot water none), unit 4(heat electric hot water none)
- Legal Lot and Block 008 / 533
- Assessor Parcel Number 2000597
Community Details
Overview
- 5 Units
- Property has 1 Level
Amenities
- Shops
Recreation
- Tennis Courts
- Park
- Jogging Path
Building Details
- Electric Expense $600
- Insurance Expense $3,878
- Water Sewer Expense $1,300
- Operating Expense $19,262
- Net Operating Income $122,338
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $8,586 | $828,800 | $207,100 | $621,700 |
| 2024 | $9,162 | $870,100 | $194,700 | $675,400 |
| 2023 | $8,861 | $794,700 | $192,100 | $602,600 |
| 2022 | $8,623 | $693,700 | $154,600 | $539,100 |
| 2021 | $8,096 | $621,300 | $130,700 | $490,600 |
| 2020 | $7,751 | $578,400 | $127,600 | $450,800 |
| 2019 | $7,538 | $527,100 | $119,200 | $407,900 |
| 2018 | $7,184 | $474,200 | $128,500 | $345,700 |
| 2017 | $6,724 | $431,000 | $106,000 | $325,000 |
| 2016 | $6,417 | $396,600 | $106,400 | $290,200 |
| 2015 | $5,935 | $354,300 | $106,400 | $247,900 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/25/2026 06/25/26 | For Sale | $1,399,999 | +64.7% | $392 / Sq Ft | |
| 03/29/2024 03/29/24 | Sold | $850,000 | -2.8% | $302 / Sq Ft | View Prior Sale |
| 01/17/2024 01/17/24 | Pending | -- | -- | -- | |
| 01/10/2024 01/10/24 | For Sale | $874,900 | 0.0% | $311 / Sq Ft | |
| 01/02/2024 01/02/24 | Pending | -- | -- | -- | |
| 12/14/2022 12/14/22 | For Sale | $874,900 | -- | $311 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $850,000 | None Available | |
| Deed | $47,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $69,000 | Credit Line Revolving | |
| Open | $879,000 | New Conventional | |
| Closed | $50,000 | Credit Line Revolving | |
| Closed | $765,000 | Purchase Money Mortgage |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73541580
APN: LYNN-000104-000533-000008
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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