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Active

47 Broad Street, Lynn MA 01902

$1,299,047

Estimated $3,085/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $433,015.67

Total Rent: 112800/year

Estimated CAP Rate:

9 Bedrooms

Baths

4671

Total Parking: 6

5,628 (0.13)

Exceptional opportunity to own a beautiful luxury three-family property offering 4,671± square feet of living space in the highly desirable Diamond Historic District of Lynn. The building was completely renovated within the last five years and has been meticulously maintained, offering a true turnkey investment.All three units feature condominium-quality finishes and include two off-street parking spaces per unit. The property is fully protected with a sprinkler system and a centrally monitored fire alarm system, providing enhanced safety and peace of mind.Each apartment offers a unique open-concept floor plan with spacious living areas, recessed lighting, living and dining rooms, and generously sized bedrooms. The units showcase elegant finishes, beautiful hardwood flooring throughout, and designer kitchens featuring abundant cabinetry, granite countertops, large center islands, and stainless steel appliances—perfect for everyday living and entertaining.The oversized modern bathrooms are tastefully designed with quality finishes, complementing the exceptional craftsmanship found throughout the property.Ideally located just minutes from shopping, restaurants, beaches, parks, public transportation, and major highways, this property combines luxury, convenience, and long-term investment potential.Whether you are an investor seeking a high-quality income-producing asset or an owner-occupant looking to offset your mortgage with rental income, this exceptional property offers an outstanding opportunity in one of Lynn's most sought-after neighborhoods.

This home has been viewed 4 times

Last Checked: August 5th, 2026 at 6:28pm (Source: MLS PIN #73559116)

Gross Income: $112,800

Gross Expenses: $11,741

Net Income Calc: $101,059

Annual Expenses for 47 Broad Street, Lynn MA 01902

Total Gross Expenses (Calculated)$11,741/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax11741

Annual Income & Unit Breakdown for 47 Broad Street, Lynn MA 01902

Total Gross Income (Calculated)$112,800

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

Lease

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 47 Broad Street, Lynn MA 01902

Listing ID73559116

Property TypeMulti Family / 3 Family

Price1299047 ($278.11/SqFt)

Style3 Family

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total4671

Approximate Lot Size (Acres)0.13

Total Parking6

Garage Parking0

Year Built1835

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

ZoningRes

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 47 Broad Street, Lynn MA 01902

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsLiving Room Shelves

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 47 Broad Street, Lynn MA 01902

Real Estate Taxes11741

Tax Year2025

Assessed Value$1,133,336

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 47 Broad Street, Lynn MA 01902

Neighborhood(s)

Area Amenities

Contact Information for 47 Broad Street, Lynn MA 01902

Agent

Name: Gustavo Veloz

Office

Name: COM-PRO Real Estate Services, Inc

Phone: 617-381-9010

Payment Calculator

, Interest

Property Taxes 978.42

Principal & Interest 8004.31

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

COM-PRO Real Estate Services, Inc

Gustavo Veloz

Agent Phone

Office Phone

(617) 381-9010

Text Agent Call Agent Call Office

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EXIT

17 More Photos

Active

47 Broad Street, Lynn MA 01902

$1,299,047

Annual Expenses for 47 Broad Street, Lynn MA 01902

Annual Income & Unit Breakdown for 47 Broad Street, Lynn MA 01902

General Information for 47 Broad Street, Lynn MA 01902

Disclosures for 47 Broad Street, Lynn MA 01902

Financial Information for 47 Broad Street, Lynn MA 01902

Location Information for 47 Broad Street, Lynn MA 01902

Contact Information for 47 Broad Street, Lynn MA 01902

Agent

Office

Payment Calculator

Exclusive Listing Agent

COM-PRO Real Estate Services, Inc

Gustavo Veloz