382 Eastern Ave, Lynn, MA 01902

Property Description

*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!