548 Eastern Ave, Lynn MA 01902

Lynn, MA 01902 • East Lynn
$770,000
Est. $4,098/month
4
Beds
2
Baths
1,972
Sq Ft
$390
Price/Sq Ft
0.12
Acres
1910
Year Built
2 Family - 2 Units Up/Down
Type
3
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73358528

About this home

HOT DEAL! Situated in the heart of a thriving neighborhood of East Lynn in a close proximity to Salem and Swampscott, this property offers an excellent opportunity for investors or those looking to offset their mortgage expenses with rental rates ranging from $2,000/monthly to $2,600/monthly per unit. Every unit includes a kitchen, dining area, family room, flex rooms, storage, bath and bedrooms. Outdoor features a fenced in expansive yard, two car garage and ample amount of off street parking. The house is serviced by public water/sewer, natural gas for cooking and oil for heating. This convenient location provides easy access to major highways and public transportation, making it an ideal spot for those who wish to enjoy a peaceful coastal setting while remaining connected to the hustle and bustle of city life. Enjoy nearby amenities at the stretch of your hand: MBTA/buses/schools/restaurants/grocery/cafes/bakeries/parks/ponds/trails and more. Vacant & Ready! OH Today, Sat & Sun

Sale Statistics

Sale Overview
Original List Price: $714,900
Final Sale Price: $770,000
Difference: +$55,100 (+7.7%)
Performance Metrics
107.7%
List to Sale Ratio
Sold above asking price
3
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $363
Sale $/sq ft: $390
This property sold for $390 per square foot
Sale Summary

This property sold for 7.7% above the original asking price, indicating strong buyer demand.

With only 3 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
1910
Bedrooms
4
Full Bathrooms
2
Living Area
1,972 sq ft
Total Rooms
10
Stories
3
Levels
3

Interior Features

Flooring
Wood, Tile, Hardwood, Stone/Ceramic Tile
Heating
Forced Air, Steam
Has Heating
Yes
Has Fireplace
No
Interior Features
Ceiling Fan(s), Floored Attic, Walk-Up Attic, Stone/Granite/Solid Counters, Pantry, Living Room, Dining Room, Kitchen
Basement Details
Full, Interior Entry, Bulkhead, Concrete
Window Features
Insulated Windows

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Stone
Exterior Features
Rain Gutters, Garden
Patio/Porch Features
Porch
Fencing
Fenced/Enclosed
Has Spa
No
Waterfront Features
Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.12 acres
Lot Size
5,114 sq ft
Lot Size Area
0.1200
Lot Features
Level
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Total Non-Garage Parking Spaces
5
Parking Features
Paved Drive, Off Street, Deeded, Driveway
Covered Parking Spaces
2

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
100 Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, T-Station
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,557
Tax Year
2025
Tax Assessed Value
$632,933
Parcel Number
M:097 B:454 L:005,1998318
Zoning
R1

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Buyer and Buyer's Agent to verify all information and perform their own due diligence.
Listing Terms
Contract

Location

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Neighborhood

East Lynn

548 Eastern Ave, Lynn MA 01902

Lynn, MA 01902

Walkability

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Schools

Elementary School
Hood
Rating information coming soon
Middle School
Marshall
Rating information coming soon
High School
English
Rating information coming soon

Monthly Payment Calculator

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%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $546
Homeowners Insurance $200
PMI $0

Property History

Market Insights

7.2%
Price Range
4
Total Days on Market

Property Timeline

Sold
May 27, 2025
$770,000
Property sold
Days on Market: 4
🏠
Listed for Sale
Apr 11, 2025
$714,900
Original listing
Agent: Maria Babakhanova Office: Redfin Corp.

Price & Status History

Date Event Price Change
Apr 11, 2025 New Listing Added $714,900

Market Statistics

Days on Market
3 days
Price per Sq Ft
$390

Tax History

Year Taxes Assessment
2025 $6,557 $632,933

Financial Details

Annual Property Tax
$6,557
Tax Year 2025
Assessed Value
$632,933

Listing Information

Listing Agent Maria Babakhanova
Listing Office Redfin Corp.
Agent MLS ID CN212676
Office MLS ID NB3534

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