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495 Central St, Saugus MA 01906

Saugus, MA 01906
$699,000
Est. $4,445/month
5
Beds
3
Baths
3,091
Sq Ft
$226
Price/Sq Ft
0.19
Acres
1880
Year Built
3 hours 31 minutes
Time on Market
Active Open House Listed Apr 23, 2026 • MLS# 73506365 Copied!

About this home

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.

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Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1880
Bedrooms
5
Full Bathrooms
3
Living Area
3,091 sq ft
Total Rooms
12
Stories
3
Levels
3

Open House Schedule

27
Apr
Monday, April 27
4:00 PM - 6:00 PM EDT
26
Apr
Sunday, April 26
11:30 AM - 1:00 PM EDT
25
Apr
Saturday, April 25
11:30 AM - 1:00 PM EDT

Facts & Features

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1880
Living Area 3,091 sq ft
Lot Size 0.19 acres
Bedrooms 5
Full Baths 3
Total Rooms 12

Interior

Heating Central, Oil
Cooling None
Flooring Hardwood
Appliances Range, Refrigerator
Fireplace None
Basement Full, Dirt Floor
Laundry None
Features Open Floorplan, Living Room, Dining Room, Kitchen, Office/den

Exterior

Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Enclosed

Parking

Features Paved Drive, Off Street, Paved
Total Spaces 7

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $8,529
Assessed Value $818,500

Interior Features

Flooring: Hardwood
Appliances: Range, Refrigerator
Interior Features: Open Floorplan, Living Room, Dining Room, Kitchen, Office/Den
Windows:
Basement: Full, Dirt Floor
Laundry:
Security:

Construction & Materials

Year Built: 1880
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Central, Oil
Heating Zones: 2
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Enclosed
Fencing:
Other Structures:
Lot Features: Corner Lot, Level
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 7
Parking Features: Paved Drive, Off Street, Paved

Location

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Neighborhood

495 Central St, Saugus MA 01906

Saugus, MA 01906

Walkability

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Nearby Schools

School District
Saugus School District local
B
School Safety 2024-25
4.9% Above Average
4.5% Suspensions 1.0% In-School 0.4% Emergency
0.6% below state avg
E

Elementary Schools

3 schools
A
Pioneer Charter School of Science II
1.1 mi | #42 of 346 | Score: 68.2
Improved 10 spots from last year
+10 above state avg
621 students Very Diverse
Strong AP Program High Graduation Rate College Ready Curriculum Diverse Student Body
Grades K-12
Veterans Early Learning Center
0.3 mi
501 students Diverse
Diverse Student Body
Grades PK-01
A-
Belmonte STEAM Academy
0.7 mi | #4 of 12 | Score: 45.6
Improved 616 spots from last year
-12.6 below state avg
814 students Diverse
Rising School Diverse Student Body
Grades 02-05
M

Middle Schools

1 school
C+
Saugus Middle School
1.2 mi | #248 of 352 | Score: 36.3
Improved 63 spots from last year
-21.9 below state avg
616 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

1 school
C
Saugus High School
1.2 mi | #260 of 346 | Score: 45.6
Improved 8 spots from last year
-12.6 below state avg
744 students Diverse
17 sports • 972 athletes
College Ready Curriculum Strong Athletics Diverse Student Body
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $711
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Apr 23, 2026
$699,000
Original listing
Agent: Joyce Sullivan Office: Serhant

Price & Status History

Date Event Price Change
Apr 23, 2026 New Listing Added $699,000

Market Statistics

Time on Market
3 hours 31 minutes
Price per Sq Ft
$226

Tax History

Year Taxes Assessment
2026 $8,529 $818,500

Financial Details

Annual Property Tax
$8,529
Tax Year 2026
Assessed Value
$818,500

Listing Information

Listing Agent Joyce Sullivan
Listing Office Serhant
Agent MLS ID C8001298
Office MLS ID AN9455
Listing Data Updated Apr 23, 2026 11:30 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Saugus, MA

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