495 Central St, Saugus, MA 01906
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$699,000
2 Unit
5 Beds
3 Baths
3091 SQFT
0.19 Acre

Property Description

ATTENTION DEVELOPERS & INVESTORS: Rare value-add opportunity at 495 Central Street! The city classifies as a 3-family residence (currently configured as a 2-family) sits on an expansive corner lot featuring the massive advantage of two separate driveways, one on Central St and one on Jackson St. The property has no income records as it has been occupied by the same family for multiple generations. This property is in need of extensive repair including roof, plumbing, and knob & tube wiring. The layout is a developer's dream for a potential condo conversion or a premium multi-family renovation with ample parking. The property is likely a full gut renovation, priced strictly for its current state and awaits a full transformation to unlock its maximum ROI. Sold strictly AS-IS, AS-SEEN. All buyers and agents to perform their own due diligence regarding zoning, unit count, and permitted use. Bring your vision to this blank canvas with incredible bones and a central location.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 5
  • Total Full Baths: 3
  • Amenities: Highway Access, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping
  • Basement Features: Dirt Floor, Full
  • Common Rooms: Dining Room, Kitchen, Living Room, Office/Den
  • Common Appliances: Range, Refrigerator
  • Common Heating: Central Heat, Electric, Electric Baseboard, Oil, Radiant
  • Common Cooling: None

Financial

  • APOD Available: No

Utilities

  • Heat Zones: 2
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: None
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1880
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73506365
  • Last Updated: 04/27/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/27/2026Active$699,000$226MLSPIN
04/23/2026New$699,000$226MLSPIN

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Seller's Representative: Joyce Sullivan, Serhant
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 2026-04-27 03:05:00

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