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. 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.
Overview
Property Type
Multi-family
Location
495 Central St, Saugus, MA 01906
Zoning
NA
MLS ID
73506365
Listing Last Updated
Property Features & Amenities
Interior
Total Bedrooms
5
Full Bathrooms
3
Flooring
Hardwood
Appliances
Range, Refrigerator
Other Interior Features
Open Floorplan, Living Room, Dining Room, Kitchen, Office/Den
Exterior
Stories
3
Water Source
Public
Roof
Shingle
Lot Features
Corner Lot, Level
Parking
Paved Drive, Off Street, Paved
Heat Type
Central, Oil
Air Conditioning
None
Sewer
Public Sewer
Substructure
Stone
Details
Total Area
3,091 Sq.Ft.
Financial
Price
$699,000
Real Estate Tax
$8,529/yr
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