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BHRE Brad Hutchinson Real Estate

sales@bradhutchinson.com +1(781) 665-2222

$699,000

Est. payment - /mo

5 Beds

3 Baths

3,091 SqFt

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Open House

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

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

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

UPDATED:

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

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.

Location

State MA

County Essex

Zoning NA

Direction GPS

Rooms

Basement Full, Dirt Floor

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

Building

Lot Description Corner Lot, Level

Story 3

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

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

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Listed by Serhant

NEARBY SCHOOLS & PROPERTIES

At Brad Hutchinson Real Estate, our main goal is simple: to assist buyers and sellers with making the best, most knowledgeable real estate decisions that are right for you. Whether you’re searching for houses for sale, commercial investment opportunities, or apartments for rent, our independent, committed staff is ready to assist you. We have over 60 years of experience serving clients in and around Melrose and Boston's North Shore.

+1(781) 665-2222

sales@bradhutchinson.com

193 Green Street, Melrose, Massachusetts, 02176, United States

495 Central St Saugus, MA 01906