50 Eastern Ave., Essex MA 01929

Essex, MA 01929
$560,000
Est. $2,981/month
4
Beds
2
Baths
2,145
Sq Ft
$261
Price/Sq Ft
0.14
Acres
1900
Year Built
2 Family - 2 Units Up/Down
Type
21
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73274157

About this home

OFFER DEADLINE 8/13- 3:00pm. Mid Oct. closing requested...Exceptional Investment Opportunity! This two-unit home, situated on a desirable corner lot, offers both convenience and potential. Located near the scenic Essex River and tranquil marshlands, the property enjoys a south-facing orientation, providing an abundance of natural light throughout the day.The first-floor unit is a cozy 1 bedroom space featuring an inviting eat-in kitchen, a comfortable living room with built-in cabinetry, bathroom, and a bedroom. The second unit spans the upper levels and offers more room with its 3 bedrooms. It includes an eat-in, fully equipped kitchen, a generous living room, and a full bathroom with washer/dryer hook ups, making it ideal for tenants looking for extra space.Both units benefit from off-street parking. If you're looking to generate rental income this home provides a solid foundation for a rewarding investment. Property to be sold "as is". . Separately metered for electricity.

Sale Statistics

Sale Overview
Original List Price: $586,000
Final Sale Price: $560,000
Difference: $26,000 (-4.4%)
Performance Metrics
95.6%
List to Sale Ratio
Sold below asking price
21
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $273
Sale $/sq ft: $261
This property sold for $261 per square foot
Sale Summary

This property sold for 4.4% below the original asking price.

With only 21 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
2 Family - 2 Units Up/Down
Property Category
Residential Income
Year Built
1900
Bedrooms
4
Full Bathrooms
2
Living Area
2,145 sq ft
Total Rooms
7
Stories
2
Levels
2

Interior Features

Flooring
Vinyl
Heating
Baseboard, Natural Gas
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Range, Refrigerator
Interior Features
Kitchen, Family Room
Laundry Features
Gas Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Basement Details
Partial, Dirt Floor

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Stone
Patio/Porch Features
Deck - Wood, Covered
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.14 acres
Lot Size
6,107 sq ft
Lot Size Area
0.1400
Lot Features
Corner Lot
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Off Street, Unpaved

Utilities & Systems

Utilities Available
for Gas Range, for Gas Dryer, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
100 Amp Service, Individually Metered

Community & HOA

Community Features
Park, Conservation Area, Highway Access, House of Worship, Public School
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$7,068
Tax Year
2024
Tax Assessed Value
$530,600
Tax Lot
32
Tax Map Number
136
Parcel Number
1887505
Zoning
RS2

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
OFFER DEADLINE Tuesday 8/13- 3:00pm. Mid Oct. closing requested. Needs a new roof and soffit repair. One heating system, separately metered electricity.
Listing Terms
Contract

Location

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Neighborhood

50 Eastern Ave., Essex MA 01929

Essex, MA 01929

Walkability

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Schools

Elementary School
Essex Elem
Rating information coming soon
Middle School
Mersd
Rating information coming soon
High School
Mersd
Rating information coming soon

Monthly Payment Calculator

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%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $589
Homeowners Insurance $200
PMI $0

Property History

Market Insights

4.4%
Price Range
23
Total Days on Market

Property Timeline

Sold
Nov 4, 2024
$560,000
Property sold
Days on Market: 23
🏠
Listed for Sale
Aug 6, 2024
$586,000
Original listing
Agent: Fabyan and Filias Team Office: J. Barrett & Company

Price & Status History

Date Event Price Change
Aug 6, 2024 New Listing Added $586,000

Market Statistics

Days on Market
21 days
Price per Sq Ft
$261

Tax History

Year Taxes Assessment
2024 $7,068 $530,600

Financial Details

Annual Property Tax
$7,068
Tax Year 2024
Assessed Value
$530,600

Listing Information

Listing Agent Fabyan and Filias Team
Listing Office J. Barrett & Company
Agent MLS ID TM352682
Office MLS ID C95245

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