Multi-Family $ 699,000

495 Central St

Saugus, MA 01906

Open House

Sat Apr 25, 11:30am - 1:00pm

Sun Apr 26, 11:30am - 1:00pm

Mon Apr 27, 4:00pm - 6:00pm

  • 5 Beds
  • 3 Baths
    Full Baths: 3
  • 3,091 SqFt
  • 8,276 Lot Size
  • 1880 Year Built
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.
Listed by Joyce Sullivan of Serhant

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type 3 Family - 3 Units Up/Down

    Listing Status Active

    Purchase Type For Sale

    Square Footage 3, 091 sqft

    Price per Sqft $226

    MLS Listing ID 73506365

    Bedrooms 5

    Full Baths 3

    Year Built 1880

    Annual Tax Amount $8,528

    Tax Year 2026

    Lot Size 8,276 Sqft

    Acres 0.19

    Property Sub-Type 3 Family - 3 Units Up/Down

  • Location

    State MA

    County Essex

    Zoning NA

    Direction GPS

  • Rooms

    Basement Full, Dirt Floor

  • Building

    Lot Description Corner Lot, Level

    Story 3

    Foundation Stone

    Sewer Public Sewer

    Water Public

  • Interior

    Interior Features Open Floorplan, Living Room, Dining Room, Kitchen, Office/Den

    Heating Central, Oil

    Cooling None

    Flooring Hardwood

    Appliance Range, Refrigerator

  • Exterior

    Community Features Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, Private School, Public School

    Roof Type Shingle

    Total Parking Spaces 7

    Garage No

  • Others

    Senior Community false

    Virtual Tour https://properties.lightshedphoto.com/495-Central-St-Saugus-MA-01906-USA?mls

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CONTACT

Joyce Sullivan
Joyce Sullivan

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