43 Broad St, Lynn, MA 01902
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43 Broad St, Lynn, MA 01902
43 Broad St, Lynn, MA 01902
43 Broad St, Lynn, MA 01902
43 Broad St, Lynn, MA 01902
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Jeremy Bailey

Jeremy Bailey

+1(401) 402-0289
$ 749,900
Est. payment /mo
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43 Broad St Lynn, MA 01902

2 Beds

1.5 Baths

2,268 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 Family - 2 Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 2,268 sqft

Price per Sqft $330

MLS Listing ID 73585148

Bedrooms 2

Full Baths 1

Half Baths 1

Year Built 1823

Annual Tax Amount $12,365

Tax Year 2026

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type 2 Family - 2 Units Up/Down

Property Description

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.

Location

State MA

County Essex

Zoning R3

Direction Please use gps

Rooms

Basement Full, Concrete

Interior

Flooring Tile, Laminate

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Community Features Public Transportation, Shopping, Park

Utilities Available for Gas Range, for Electric Dryer, Washer Hookup

Waterfront Description Ocean,1/2 to 1 Mile To Beach,Beach Ownership(Public)

Roof Type Shingle

Total Parking Spaces 4

Garage No

Building

Lot Description Level

Story 2

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Acceptable Financing Contract

Listing Terms Contract

Listed by J. Barrett & Company

Nearby Locations

Jeremy Bailey

Jeremy Bailey

Broker License ID: RI, MA, CT

+1(401) 402-0289

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43 Broad St