Price reduction! Rare Lynn 3-Family Opportunity Under 950K Near Wyoma Square! This exceptional multi-family property offers investors and owner-occupants an outstanding opportunity to own a sizable 3-unit property in a desirable Lynn location near Wyoma Square. The property features 7 bedrooms, 4 bathrooms, approximately 3,754 sq. ft. of living space, and a generous 7,287 sq. ft. lot, providing excellent space and flexibility for both investment and multi-generational living. The property offers three units with the potential to be delivered vacant, creating tremendous flexibility for an owner-occupant, investor, or buyer looking to reposition the property for maximum rental potential. Additional bonus rooms provide even more usable space and possibilities. With its substantial lot size, multiple units, and proximity to Wyoma Square, local shopping, restaurants, transportation, and major routes, this property presents an excellent opportunity to build equity in Lynn's competitive real estate market. Whether you're looking to expand your rental portfolio, house multiple generations, or occupy one unit while generating rental income from the others, 427 Broadway offers the size, location, and flexibility to make your investment goals a reality. Don't miss this opportunity!
This home has been viewed 4 times
Last Checked: September 26th, 2026 at 7:33am (Source: MLS PIN #73574025)
Gross Income: $0
Gross Expenses: $10,343
Net Income Calc: $10,343
Annual Expenses for 427 Broadway, Lynn MA 01904
Total Gross Expenses (Calculated)$10,343/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax10343
Annual Income & Unit Breakdown for 427 Broadway, Lynn MA 01904
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 427 Broadway, Lynn MA 01904
Listing ID73574025
Property TypeMulti Family / 3 Family
Price939999 ($250.33/SqFt)
Style3 Family
CityLynn
CountyEssex
MLS AreaEast Lynn
Neighborhood(s)
Approximate Living Area Total3755
Approximate Lot Size (Acres)0.17
Total Parking6
Garage Parking0
Year Built1903
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR1
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 427 Broadway, Lynn MA 01904
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher
Financial Data SourceEstimated
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 427 Broadway, Lynn MA 01904
Real Estate Taxes10343
Tax Year2026
Assessed Value$1,004,200
Financial Data SourceEstimated
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 427 Broadway, Lynn MA 01904
Elementary SchoolSisson
Middle SchoolPickering
High SchoolLynn English
Neighborhood(s)
MLS AreaEast Lynn
Area AmenitiesWalk/jog Trails
Contact Information for 427 Broadway, Lynn MA 01904