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382 Eastern Ave, Lynn MA 01902

$809,000

Estimated $2,045/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $404,500

Total Rent: 0/year

Estimated CAP Rate:

4 Bedrooms

Baths

2352

Total Parking: 10 (2 Garage)

5,162 (0.12)

*Ask about 1st time homebuyer programs with grants up to $50,000, $500 down payment options, and interest rates in the 5s* BOTH UNITS DELIVERED VACANT! Owned and lovingly cared for by the same family for over 20 years, this well-maintained two-family at 382 Eastern Avenue offers an excellent opportunity for owner-occupants, investors, or buyers seeking space for extended family. Move into one unit and rent the other, or choose your own tenants for both units. Each unit features its own private front entrance and currently offers 2 bedrooms, with flexible layouts and the potential to be used as 3 bedrooms per unit. Separate utilities, gas heating, and a separate common-area electric panel add convenience for owners and tenants alike. Ample parking includes 2 garage spaces plus 6 or more additional off-street spaces. Major updates include a roof replacement in 2016, a newer gas combination boiler for Unit 2 installed in 2022, new hot water heater for Unit 1, and insulation improvements completed through Mass Save in 2026. Conveniently located near the Swampscott and Salem lines, the property offers access to nearby beaches, shopping, dining, and public transportation, including major bus routes (455,450,436) and the Swampscott Commuter Rail station less than 1 mile away. Enjoy the convenience of North Shore living with connections to Boston. With both units vacant at closing, generous parking, and flexible layouts, this property is ready for its next chapter!

This home has been viewed 10 times

Last Checked: October 19th, 2026 at 6:58am (Source: MLS PIN #73590387)

Gross Income: $0

Gross Expenses: $8,804

Net Income Calc: $8,804

Annual Expenses for 382 Eastern Ave, Lynn MA 01902

Total Gross Expenses (Calculated)$8,804/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8804

Annual Income & Unit Breakdown for 382 Eastern Ave, Lynn MA 01902

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 382 Eastern Ave, Lynn MA 01902

Listing ID73590387

Property TypeMulti Family

Price809000 ($343.96/SqFt)

StyleMulti Family

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total2352

Approximate Lot Size (Acres)0.12

Total Parking10 (2 Garage)

Garage Parking2

Year Built1925

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR2

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 382 Eastern Ave, Lynn MA 01902

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher & Dryer Units On 2nd & 3rd Floors Excluded.

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 382 Eastern Ave, Lynn MA 01902

Real Estate Taxes8804

Tax Year2026

Assessed Value$854,710

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 382 Eastern Ave, Lynn MA 01902

Elementary SchoolAborn

Middle SchoolMarshalls

High SchoolLynn English

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 382 Eastern Ave, Lynn MA 01902

Agent

Name: Johnny Long

Office

Name: PRIVI Realty LLC

Phone: 508-468-4329

Team Members

Payment Calculator

, Interest

Property Taxes 733.67

Principal & Interest 4984.8

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

PRIVI Realty LLC

Johnny Long

Agent Phone

Office Phone

(508) 468-4329

Text Agent Call Agent Call Office

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EXIT

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