$1,300,000
About this home
Ideally located on the North Side of Lynn near Salem and Swampscott in a heavily dense neighborhood setting on very busy Western Ave. This Mixed-Use Building is Currently being operated as a rug retail business on the first floor. So many potential uses with great visibility and traffic count. New Owner can convert first floor into multiple retail storefronts each with private bathrooms and access to basement use. Massive basement with exterior access to loading driveway and a single garage bay. Recent updates include roof and two hot water heaters. Some windows are boarded up to allow access to remove large equipment. Residential rental units located on the second floor with private entrances, a 3-bed and 1-bed rental (3 bedroom currently rented @ $2500/mo.) Possible space to add another unit between them. The basement is completely empty and cleaned out. Call the listing agent for additional information and to schedule a private showing.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.
- Real estate (PITI + HOA + PMI)
- $8,875
- Utilities
- $832
- Transportation
- $150
- Other (entertainment)
- $158
Quick facts
Home features
Neighborhood — 01904
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 20,814 | 6,444,931 | 299,088,112 |
| Population Change Since1990 | 9.00% | 7.00% | 20.00% |
| Population Density | 6,186 | 786 | — |
| Male | 10,182 | 3,127,134 | 147,432,321 |
| Female | 10,631 | 3,317,797 | 151,655,844 |
| Never Married | 5,045 | 1,612,885 | 63,775,926 |
| Married | 8,656 | 2,586,314 | 123,120,365 |
| Separated | 702 | 247,857 | 12,639,686 |
| Widowed | 1,144 | 363,594 | 15,467,586 |
| Divorced | 1,323 | 436,888 | 23,075,029 |
| Number Of House Hold | 7,653 | 2,431,591 | 111,826,380 |
| Average House Hold Size | 2.68 | 2.56 | 2.60 |
| Medial Age | 38.55 | 37.25 | 35.46 |
| Median House Hold Income | $62,450 | $57,698 | $48,276 |
| Average House Hold Income | $68,564 | $75,023 | $63,629 |
| P C I | $25,328 | $29,196 | $24,529 |
| M D I | $51,719 | $48,105 | $41,133 |
| A T H E | $54,269 | $57,083 | $50,898 |
| S T R | 5.00% | 5.00% | — |
| W C J | 83.65% | 81.38% | 77.74% |
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
Open in Google Maps →Listing information last refreshed 3/4/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.