Multi Family · Fixer
43 Broad St
Lynn, MA 1902 · MLS 73585148
$749,900
1 / 24
- Beds—
- Baths—
- Sq Ft2,268
- Year1823
- Style—
- $ / Sq Ft$331
- HOA—
- Taxes$12,365
- Parking4
- Lot4713.0
- MLS73585148
- StatusActive
About this home
Rare opportunity to acquire a stabilized mixed-use income property with long-term commercial tenancy, residential income and off-street parking, conveniently located near Lynn's Diamond District, Lynn Shore Drive and Lynn Beach. The first floor is occupied by a convenience store paying $3,000/month with a 10-year lease and 5-year option, while the second-floor 3-bedroom, 1-bath residential unit rents for $2,900/month. The property also offers 4 off-street parking spaces, a full basement and convenient access to public transportation, including MBTA bus service and the Lynn commuter rail station, as well as shopping, parks and major routes. Ideal for an investor seeking established income or a future owner-occupant. The residential unit is currently occupied by a tenant at will. The neighboring 47 Broad Street is also available separately for $1,249,900, offering three 3-bedroom, 1-bath units, all currently occupied by tenants at will at $3,200/month each, plus 6 off-street parking spaces. Property sold as-is; buyer/buyer's agent to perform due diligence.
Location
More about Lynn
| Lynn Profile | Snapshot |
|---|---|
| Primary Vibe | Affordable coastal city with beaches, diverse community, and an emerging arts scene. Popular with buyers seeking relative value and water access. |
| Housing Prices | More approachable than many closer areas. Beachfront and transit-proximate properties command premiums. Multi-family homes offer rental potential. |
| Commute to Boston | Commuter rail provides access. Driving and bus options exist. Parking varies by location. |
| Schools | Served by Lynn Public Schools. Confirm assignments with the district. |
| Market | Demand supported by coastal location and pricing. Updated properties near the beach or rail attract interest. |
| Housing Styles | Multi-family homes, condominiums, and single-family properties. Condition varies. |
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Listing information is believed accurate but is not guaranteed and should be independently verified. Courtesy of the listing office shown.

