Property Details
Basic Information
- Property SubType: 3 Family - 3 Units Up/Down
- MLS Number: 73506365
- Mls Status: Under Agreement
- List Price: $699,000
- Date Listed: 04/23/2026
- Virtual Tour: Virtual Tour
- Units: 2
- Description: DO NOT WALK THE PROPERTY GROUNDS WITHOUT THE LIST AGENT. 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.
Building
- Acreage: 0.19
- Square Feet: 3,091
- Year Built: 1880
- Zoning: NA
- Stories: 3
- Rooms: 12
- Roof: Shingle
- Foundation: Stone
Location
- County: Essex
- Town: Saugus
Finance
- Taxes: $8,528
Interior Features
Bedrooms
- Bedrooms: 5
Bathrooms
- Bathrooms: 3
- Full Baths: 3
Basement
- Basement: Full, Dirt Floor
Utilities and Appliances
Utilities and Appliances
- Appliances Included: Range, Refrigerator
Community
Amenities
- Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, Private School, Public School
- Other Amenities: Basement