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Pending

502 Western Ave, Lynn MA 01904

$869,900

Estimated $2,044/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $434,950

Total Rent: 0/year

Estimated CAP Rate:

5 Bedrooms

Baths

2718

Total Parking: 4

4,887 (0.11)

Excellent condition and ideally located, this oversized two-family property offers incredible opportunity! Nothing to do but move right in. Featuring strong rental potential, this home is perfect for first-time buyers looking to offset their mortgage or investors seeking to expand their portfolio. Spacious units, well maintained throughout, and situated in a convenient location close to amenities, transportation, and more. This one won’t last!

This home has been viewed 8 times

Last Checked: June 26th, 2026 at 9:03am (Source: MLS PIN #73488300)

Gross Income: $0

Gross Expenses: $7,601

Net Income Calc: $7,601

Annual Expenses for 502 Western Ave, Lynn MA 01904

Total Gross Expenses (Calculated)$7,601/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7601

Annual Income & Unit Breakdown for 502 Western Ave, Lynn MA 01904

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms4

Bathrooms2 Full

Floor1

Levels in Unit2

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 502 Western Ave, Lynn MA 01904

Listing ID73488300

Property TypeMulti Family

Price869900 ($320.05/SqFt)

StyleMulti Family

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total2718

Approximate Lot Size (Acres)0.11

Total Parking4

Garage Parking0

Year Built1910

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR4

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 502 Western Ave, Lynn MA 01904

Lead PaintNone

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSome Of The Sellers' Personal Items Are Not Included In The Sale.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 502 Western Ave, Lynn MA 01904

Real Estate Taxes7601

Tax Year2025

Assessed Value$733,640

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 502 Western Ave, Lynn MA 01904

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 502 Western Ave, Lynn MA 01904

Agent

Name: Pedro Calcano

Office

Name: William Raveis R.E. & Home Services

Phone: 781-670-5200

Payment Calculator

, Interest

Property Taxes 633.42

Principal & Interest 5360.05

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

William Raveis R.E. & Home Services

Pedro Calcano

Agent Phone

Office Phone

(781) 670-5200

Text Agent Call Agent Call Office

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    [unparsed] => 502 Western Ave, Lynn MA 01904
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EXIT

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