Great turnkey 4 family investment or live here rent free in a 4 bedroom, 2 bath first floor apartment that's ready to move in. Great mix of apartments, with a 4 bedroom, a 3 bedroom, and two 1 bedroom units. There's also a separate carriage house for an additional 900 s.f. ADU unit or workshop with 2 garage doors and plenty of storage. Great opportunity for a tradesman to have a shop. Ample parking, vinyl siding, fresh paint, new carpet and luxury vinyl tile. Sprinkler system installed for reduced insurance rates. Coin operated laundry in basement for even more income. Currently only one tenant occupying a second floor one bedroom unit, as the owner left the others vacant to renovate and allow the new owner to hand pick their own tenants. Great location, close to beach, bus line out front or walk to train to Boston. Easy to show, but shown by appointment only to allow investors ample time to focus on this opportunity.
This home has been viewed 31 times
Last Checked: June 12th, 2026 at 9:58am (Source: MLS PIN #73520240)
Gross Income: $132,000
Gross Expenses: $9,320
Net Income Calc: $122,680
Water Views
Annual Expenses for 4-4A Broad St, Lynn MA 01902
Total Gross Expenses (Calculated)$9,320/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax9320
Annual Income & Unit Breakdown for 4-4A Broad St, Lynn MA 01902
Total Gross Income (Calculated)$132,000
Unit 1
Rental Income$0
LeaseN
Bedrooms4
Bathrooms2 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 4
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 4-4A Broad St, Lynn MA 01902
Listing ID73520240
Property TypeMulti Family / 4 Family
Price1190000 ($291.02/SqFt)
Style4 Family
CityLynn
CountyEssex
MLS AreaDiamond District
Neighborhood(s)
Approximate Living Area Total4089
Approximate Lot Size (Acres)0.17
Total Parking8
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR3
Water ViewsNo
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 4-4A Broad St, Lynn MA 01902
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsTree House
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 4-4A Broad St, Lynn MA 01902
Real Estate Taxes9320
Tax Year2026
Assessed Value$904,900
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 4-4A Broad St, Lynn MA 01902
Neighborhood(s)
MLS AreaDiamond District
Area Amenities
Contact Information for 4-4A Broad St, Lynn MA 01902