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$689,000   Price Analysis
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141 Essex St
Lynn, MA 01902
3 bed 3 bath 1,880 SqFt ($366/SqFt)
2,079SqFt lot. Built 1906
Listed 2023-04-21, Taxes $unknown
Ⓧ USDA Ineligible
due to location

near Lynn

Mixed use 2 units

Uni t one is commercial tenants to a Cake Design Bakery with a half bathroom. Unit 2 has residential tenants with long term lease. It has 4 rooms 2 bedrooms and 1 full bathroom.

Property is well maintained with many updates. Brand new hot water tanks, decent roof and siding. Parking off street. Old Middle school is in the rear not currently being used s a school.


Presented by Van T. Son at
Mass Broker Services.


Property MLS #73101511 from MLSPIN

Bedrooms: 3

Total Rooms: 6
Basement Description: Full, Interior Entry, Bulkhead, Concrete, Unfinished

Total Bathrooms: 2.5
Full Bathrooms: 2
1/2 Bathrooms: 1

Heating Features: Natural Gas
Heating: Yes

Door Features: Insulated Doors
Flooring: Wood, Concrete, Hardwood
Window Features: Insulated Windows

Beach Front
Beach Access
Ocean
Beach Ownership(Public)

Lot Description: Level
Lot Size Acres: 0.0477273
Lot Size Square Feet: 2079

Road Frontage Type: Public
Road Responsibility: Public Maintained Road
Road Surface Type: Paved

Open Parking: Yes
Parking Features: Paved Drive, Off Street, Paved
Parking Total: 2

Association: No
Calculated Total Monthly Association Fees: 0

Gross Income: 40200
Rent Includes: Unit 1(Water), Unit 2(Water)

Number of Units: 2

Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University

Annual Tax Amount: 4541.39
Source Listing Status: Active
County: Essex
Directions: Western Ave to Chestnut St to Essex St
Tax Year: 2023
Source Property Type: Residential Income
Insurance Expense: 3535
Parcel Number: M:095 B:480 L:027, 1998953
Postal Code Plus 4: 1739
Zoning: R4
Property Subtype: 2 Family - 2 Units Up/Down
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$265,400 + $141,900
$407,300
$unknown
2022$150,800 + $124,200
$275,000
$unknown
2021$150,800 + $121,900
$272,700
$unknown
2020$150,800 + $114,800
$265,600
$unknown
2019$150,800 + $105,300
$256,100
$unknown
2018$146,000 + $93,200
$239,200
$unknown
2017$126,200 + $93,200
$219,400
$unknown
2016$121,300 + $89,700
$211,000
$unknown
2015$110,100 + $89,700
$199,800
$unknown
2003$101,200 + $57,100
$158,300
$2,091

Relisted 2024-01-16
$689,000
MLSPIN
Listing removed 2024-01-14
$689,000
MLSPIN
Listed 2023-04-21
$689,000
MLSPIN
Sold 2010-12-30
$100,000
MLSPIN
Price Changed 2010-08-25
$90,000
MLSPIN
Price Changed 2010-07-29
$110,000
MLSPIN
Price Changed 2010-06-24
$120,000
MLSPIN
Listed 2010-01-12
$132,000
MLSPIN
Listing removed 2010-01-10
$142,700
MLSPIN
Listed 2009-10-19
$142,700
MLSPIN
Sold 2001-09-18
$140,000
Public Record

Net Operating Income: 35336
Operating Expense: 4864

Electric: Circuit Breakers, Individually Metered
Sewer: Public Sewer
for Gas Range
for Electric Range
for Electric Oven
Water Sewer Expense: 1329
Water Source: Public

Year Built: 1906
Building Area Total: 1880
Building Area Units: Square Feet
Construction Materials: Frame, Brick
Foundation Details: Stone
Property Age: 118
Roof: Shingle
Levels or Stories: 3
Year Built Details: Approximate
Year Built Source: Public Records

Thurgood Marshall Middle School is a public middle school located approximately 0.1 miles away.
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Ingalls Elementary School is a public elementary school located approximately 0.3 miles away.
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Lynn English High School is a public high school located approximately 0.7 miles away.
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The Hathaway School is a private elementary and middle school located approximately 0.9 miles away.
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