2 Family in convenient location.. 1st Unit has 4 Rms/2 Brs/1 Bath that features an eat-in cabinet kitchen w/gas stove, disposal, refrigerator and tiled floor, a large living room..2 bdrms and a full bath w/walk in shower at the end of the hallway... The freshly painted 2nd U...
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Last Checked: July 7th, 2025 at 4:58am (Source: MLS PIN #73391321)
Gross Income: $77,172
Gross Expenses: $7,231
Net Income Calc: $69,941
CAP Rate: 8.48%
Annual Expenses for 471 Broadway, Lynn MA 01904
Total Gross Expenses (Calculated)$7,231/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$7,231
Annual Income & Unit Breakdown for 471 Broadway, Lynn MA 01904
Total Gross Income (Calculated)$77,172
Unit 1
Rental Income$2,771
LeaseN
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
Unit 2
Rental Income$3,660
LeaseY
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
General Information for 471 Broadway, Lynn MA 01904
Listing ID73391321
Property TypeMulti Family / 2 Family
Price$825,000 ($343.61/SqFt)
Style2 Family - 2 Units Up/down
CityLynn
CountyEssex
MLS Area
Neighborhood(s)
Approximate Living Area Total2,401 SqFt
Approximate Lot Size (Acres)0.13 acres
Total Parking6 (2 Garage)
Garage Parking2 / Detached
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionConcrete Perimeter,Stone,Brick/Mortar
Accessible Features
Outdoor SpacePorch
ZoningR1
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesInsulated Windows
Terms
Disclosures for 471 Broadway, Lynn MA 01904
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$77,172
Total Net Income By Broker$77,172
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 471 Broadway, Lynn MA 01904
Real Estate Taxes$7,231
Tax Year2025
Assessed Value$698,019
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$77,172
BostonRealEstate.com Gross Income
Total Net Income By Broker$77,172
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)8.48%
Location Information for 471 Broadway, Lynn MA 01904
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, Shopping, Park, Public Transportation
Contact Information for 471 Broadway, Lynn MA 01904