329 Essex St, Lynn, MA 01902
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$699,900
2 Unit
7 Beds
4 Baths
2961 SQFT
0.06 Acre

Property Description

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 tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 7
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Amenities: Golf Course, House of Worship, Laundromat, Park, Public School, Public Transportation, Shopping, T-Station
  • Basement Features: Unfinished Basement
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Tile Floor
  • Common Appliances: Washer Hookup

Financial

  • APOD Available: No
  • Gross Operating Income: 55200
  • Net Operating Income: 55200

Utilities

  • Utility Connections: for Electric Dryer, for Gas Oven, for Gas Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1890
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73378387
  • Last Updated: 05/25/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/25/2025Active$699,900$236MLSPIN
05/21/2025New$699,900$236MLSPIN

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Seller's Representative: Colleen Toner, Toner Real Estate, LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-05-25 04:05:00