M. Celata Real Estate
268A Broadway, Revere, MA 02151
781-289-7500 | reveremoe@comcast.net

24 Sidney Avenue, Lynn, MA 01902

East Lynn

Multi-Family

$439,900
Price
$456,000
Sale Price

2
Units
2,448
Approx. GLA
East Lynn 2 family on a dead end street 1/2 mile from the beach! The property had been renovated in the 1980's and 1990's.The 1st floor 4 room, 2 bedroom, 1 bath apartment was gutted to the studs and redone. The townhouse style 2nd floor has 6 rooms, 4 bedrooms, 1 bath. It was renovated and the 3rd floor bedrooms were added. It has separate utilities that are paid by the tenants. The electric service panels were updated to 100 amp circuit breakers. Most of the windows have been replaced. The 1st and 3rd floor has double hung dual panes and the 2nd floor has dual pane casements. A 3rd floor bedroom has 2 skylights and a cathedral ceiling. A farmers porch was added for those days that you want to hang and chat with your neighbors and friends. There is off street parking for 3 to 4 cars and a maintenance free patio area for relaxing or entertaining. The property is in need of some work, but worth the effort to fix! BELOW MARKET RENTS!
Highlights
Sale Price: $456,000
Settled Date: 10/12/2018 12:00:00 AM
Area/Village: East Lynn
Basement Features: Full, Interior Access, Unfinished Basement
List Price: $439,900
Type: Multi-Family
Multi-Family Type: 2 Family - 2 Units Up/Down
Status: Sold
Beds: 6
Baths: 2
Units: 2
Year Built: 1900
Year Round: Yes
Approx. GLA: 2,448
MLS#: 72374895
Interior
Basement: Yes
Electric Features: 110 Volts, Circuit Breakers, 100 Amps, Individually Metered
Flooring: Wood, Vinyl, Hardwood
Energy: Insulated Windows, Insulated Doors, Varies per Unit
Hot Water: Natural Gas, Tank
Rooms: 10
Lead Paint: Unknown
Total Floors: 3
UFFI: Unknown
Exterior
Water: No
Acres: 0.08
Lot Size: 3,368.00
Lot Description: Paved Drive
Foundation: Fieldstone, Brick
Parking Spaces: 3
Parking Features: Off-Street, On Street Permit, Paved Driveway
Road Type: Public, Paved, Publicly Maint., Dead End, Sidewalk
Color: white
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Gas Range, for Gas Oven, Washer Hookup, Varies per Unit
Exterior: Wood, Aluminum
Exterior Features: Porch, Gutters, Screens
Water: City/Town Water
Water: City/Town Water
Sewage District: LWS
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $335,200
Taxes: $5,078
Tax Year: 2018
Book/Page: 15586/478
School
Grade School: Brickett
Middle School: Marshall
High School: English
Beach
Beach: Yes
Miles to Beach: 3/10 to 1/2 Mile
Beach Description: Ocean, Walk to
Beach Ownership: Public
Expenses
Gross Income: $19,200
Total Rent: $2,600
Net Income: $19,200
Additional
Amenities: Public Transportation, Shopping, Park, Laundromat, House of Worship, Public School, T-Station
Disclosure Declaration: No
Disclosure: Sellers have not occupied the property. Being sold AS IS, AS SEEN. Inspections are for Buyer knowledge only. There has been water in the basement at times after extremely heavy rain. Long term tenants pay below market rent.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 2 0 1 1 0 No 1 $1,200
Unit 2 6 4 0 2 1 0 No 2 $1,400
Units Extras
Unit 1
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Dishwasher, Refrigerator  Heating:  Forced Air, Gas, Individual, Unit Control  Interior:  Bathroom With Tub & Shower, Hardwood Floors, Ceiling Fans, Cable TV Available, Pantry  Rooms:  Living Room, Kitchen, Living RM/Dining RM Combo 
Unit 2
Rent Includes:  Water  Cooling:  Wall AC  Applicances:  Range, Dishwasher, Refrigerator, Washer, Dryer  Heating:  Forced Air, Gas, Individual, Unit Control  Interior:  Skylight, Hardwood Floors, Wall to Wall Carpet, Ceiling Fans, Walk-Up Attic, Cable TV Available  Rooms:  Living Room, Kitchen, Living RM/Dining RM Combo 
Common
Cooling:  None  Heating:  None 
Map
Similar Properties
The listing office is Century 21 North East and the listing agent is Michael Dulong. 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 it's 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. The data was last modified on 11/12/2018 8:05:00 PM.
 
Office
Office
M. Celata Real Estate