BEDS5
BATHS3 full
SQUARE FEET3,091
MLS#73506365
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
ATTENTION DEVELOPERS & INVESTORS: Rare value-add opportunity at 495 Central Street! The city classifies as a 3-family residence (currently configured as a 2-family) sits on an expansive corner lot featuring the massive advantage of two separate driveways, one on Central St and one on Jackson St. The property has no income records as it has been occupied by the same family for multiple generations. This property is in need of extensive repair including roof, plumbing, and knob & tube wiring. The layout is a developer's dream for a potential condo conversion or a premium multi-family renovation with ample parking. The property is likely a full gut renovation, priced strictly for its current state and awaits a full transformation to unlock its maximum ROI. Sold strictly AS-IS, AS-SEEN. All buyers and agents to perform their own due diligence regarding zoning, unit count, and permitted use. Bring your vision to this blank canvas with incredible bones and a central location.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Dirt Floor
Cooling: None
Heating: Central, Oil
Lot Size: 0.19 Acres
Roof Type: Shingle
Stories: 3.0
Taxes: $8,528
Year Built: 1880
Amenities
Open Floorplan
Living Room
Dining Room
Kitchen
Office/Den
Feature Descriptions
Appliances: Range, Refrigerator
Building Area Total: 3091
Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, Private School, Public School
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 1
Dwelling Type: 3 Family - 3 Units Up/Down
Exclusions: Personal Property
Exterior: Frame
Flooring: Hardwood
HeatingY/N: 1
Lot Features: Corner Lot, Level
Open Parking Y/N: Yes
Parcel Number: M:005F B:0008 L:0008,2152596
Parking Features: Paved Drive, Off Street, Paved
Parking Total: 7
Patio And Porch: Enclosed
Rent Includes: Unit 1(None)
Road Responsibility: Public Maintained Road
Rooms Total: 12
Sewer: Public Sewer
Units: 2
Water: Public
Listed By / Shown By
Listed By
Agency Name: Serhant
Agency Phone: 617-250-0559
Agent Name: Joyce Sullivan
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 2,470.21 per month $1,555.67 Principal & Interest $710.67 Property Tax $203.88 Homeowner's Insurance
495 Central St | MLS# 73506365
This multi-family property located at 495 Central St, Saugus, MA 01906 is currently listed for sale with an asking price of $699,000. Search Saugus real estate on www.masiellogrouprealestate.com today.