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Exceptional Turnkey Multi-Family Opportunity on the Lynn/Swampscott Line! This fully renovated legal 3-family property offers outstanding flexibility for investors or owner-occupants. Featuring 7 bedrooms & 5 full baths, the home includes beautifully updated units with bright living spaces, eat-in kitchens, white cabinetry, quartz countertops, stainless steel appliances, and stylish modern finishes throughout. Bathrooms showcase today's sought-after design with oversized showers & elegant gray-and-white décor. The finished attic provides additional living space with a bedroom, flex room, full bath, and kitchenette. Enjoy five maintenance-free composite decks, a fenced yard, updated windows, newly redone walkways, & low-maintenance vinyl siding w/stone accents. Ample parking includes a 2-car garage plus additional off-street spaces for up to 5 vehicles. Conveniently located near shopping, restaurants, beaches, & the Swampscott Commuter Rail. A rare move-in-ready investment opportunity.

Highlights

  • Residential Income
  • Triplex
  • Built in 1880
  • 0.12 Acre Lot
  • 2 Car Garage
  • 143 days on Market

  • Bedrooms
    7
  • Bathrooms
    5
  • Year Built
    1880
  • Stories
    6.0
  • Construction Materials
    Frame
  • Foundation
    Stone
  • Garage Spaces
    2.0
  • Living Area
    3567.0
  • Appliances
    Dryer, Refrigerator, Washer, Range, Gas Water Heater
  • Flooring
    Hardwood
  • Patio And Porch
    Porch
  • Cooling
    None
  • Heating
    Natural Gas, Electric, Zoned, Hot Water, Oil, Steam
  • Basement
    Full

  • Acres
    0.12
  • Lot Features
    Cleared, Landscaped
  • Water Front Features
    Ocean Front
  • Water
    Public

  • County
    Essex
  • City
    Lynn
  • Zip Code
    01902

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Frequently Asked Questions

How do I schedule a tour of 204 Eastern Ave?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 204 Eastern Ave.

They know residential incomes in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 204 Eastern Ave?

Click Ask a Question to talk with our team. You already know it is a 7 bed, 5 bath, listed for $1,349,999. We can talk through recent upgrades, potential seller motivation, how this triplex compares to others in Lynn, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 204 Eastern Ave?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 204 Eastern Ave at around $8,443. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 204 Eastern Ave?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Essex County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 204 Eastern Ave?

In most cases, yes. Whether 204 Eastern Ave is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Lynn's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 204 Eastern Ave?

We can handle that for you. Our preferred local agent specializes in residential incomes in Lynn and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $1,349,999 with 3,567 sqft of space—that comes out to approximately $378 per square foot.

How long has this property been on the market?

204 Eastern Ave was listed on June 25, 2026, which means it's been on the market for 143 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1880, making it approximately 146 years old.

What is the lot size of this property?

204 Eastern Ave sits on a 0.12-acre lot, which is 5,227 square feet.

What are the property taxes for 204 Eastern Ave?

The most recent public record shows annual property taxes for 204 Eastern Ave were approximately $9,130. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 204 Eastern Ave still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, MLS Property Information Network (MLS PIN). All rights reserved.

Last Updated: November 15, 2026 at 03:43PM | Source: MLS Property Information Network (MLS PIN) | MLS#: 73541580