Attention Investors! Income Property! Deleaded Two Family Home Ready For Its New Owners! Perfect to Add To Investor Portfolio! Unit 1 Boasts 5 Rooms, 2 Bedrooms, 1.5 Bathrooms including an Eat-In Kitchen. Unit 2 Is a Townhouse Style Apartment Located On 2 Levels, And Has 7 Rooms, 5 Bedrooms, 2 Full Baths and an Enclosed Porch. 2 Separate Forced Air Gas Heating Systems and Gas Hot Water Heaters. 2 Car Parking On Paved Driveway. Property Needs Cosmetics! Solid Investment!

Property Details

Price:
$699,900
MLS #:
73378387
Status:
Active
Beds:
7
Baths:
3.5
Address:
329 Essex St
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
City:
Lynn
Listed Date:
May 21, 2025
State:
MA
Finished Sq Ft:
2,961
Total Sq Ft:
2,961
ZIP:
01902
Lot Size:
2,531 sqft / 0.06 acres (approx)
Year Built:
1890
Units:
2

Schools

Elementary School:
Lynn Public
Middle School:
Lynn Public
High School:
Lynn Public

Interior

Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Flooring
Tile, Hardwood
Laundry Features
Electric Dryer Hookup, Washer Hookup

Exterior

Community Features
Public Transportation, Shopping, Park, Golf, Laundromat, House of Worship, Public School, T- Station
Construction Materials
Frame
Exterior Features
Rain Gutters
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
2
Roof
Shingle

Financial

Net Operating Income
$55,200
Tax Year
2025
Taxes
$7,614

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

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329 Essex St
Lynn, MA