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43 Broad St, Lynn MA 01902

$749,900

Estimated $2,246/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $374,950

Total Rent: 70800/year

Estimated CAP Rate:

2 Bedrooms

Baths

2268

Total Parking: 4

4,713 (0.11)

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.

This home has been viewed 2 times

Last Checked: October 1st, 2026 at 9:08pm (Source: MLS PIN #73585148)

Gross Income: $70,800

Gross Expenses: $12,365

Net Income Calc: $58,435

Annual Expenses for 43 Broad St, Lynn MA 01902

Total Gross Expenses (Calculated)$12,365/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax12365

Annual Income & Unit Breakdown for 43 Broad St, Lynn MA 01902

Total Gross Income (Calculated)$70,800

Unit 1

Rental Income$0

LeaseY

Bedrooms0

Bathrooms1 Half

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 43 Broad St, Lynn MA 01902

Listing ID73585148

Property TypeMulti Family / 2 Family

Price749900 ($330.64/SqFt)

Style2 Family - 2 Units Up/down

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total2268

Approximate Lot Size (Acres)0.11

Total Parking4

Garage Parking0

Year Built1823

Year Built SourcePublic Records

Year Built DetailsActual,Renovated Since

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR3

Water Views

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 43 Broad St, Lynn MA 01902

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsRequest Details

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 43 Broad St, Lynn MA 01902

Real Estate Taxes12365

Tax Year2026

Assessed Value$629,600

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 43 Broad St, Lynn MA 01902

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 43 Broad St, Lynn MA 01902

Agent

Name: The Lopes Group

Office

Name: J. Barrett & Company

Phone: 978-922-3683

Team Members

Payment Calculator

, Interest

Property Taxes 1030.42

Principal & Interest 4620.65

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

J. Barrett & Company

The Lopes Group

Agent Phone

Office Phone

(978) 922-3683

Text Agent Call Agent Call Office

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    [unparsed] => 43 Broad St, Lynn MA 01902
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EXIT

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