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47 Broad StLynn, MA 01902

Essex County

$1,249,900List price
9Beds
3Baths
4,671Sq Ft
1835Year built
0.13Acre lot
3Stories
3 days agoOn market

Description

Prime opportunity to acquire a fully income-producing 3-family with strong rents, off-street parking and the added option to purchase the adjacent mixed-use property at 43 Broad Street, creating a rare side-by-side investment opportunity near Lynn’s Diamond District and shoreline. Each unit offers 3 bedrooms and 1 full bath and is currently rented for $3,200/month, generating $9,600/month / $115,200 annually in gross rent. The property also features a full basement, rear decks/covered outdoor space and 6 off-street parking spaces. Ideal for an investor looking to expand a portfolio or a future owner-occupant seeking to offset housing costs with rental income. All residential units are currently occupied by tenants at will. The neighboring 43 Broad Street is also available separately for $749,900, offering a first-floor convenience store with a long-term lease, a 3-bedroom residential unit and 4 off-street parking spaces. Conveniently located near Lynn’s Diamond District, Lynn Shore Drive and Lynn Beach, with easy access to public transportation, MBTA bus service, the Lynn commuter rail station, shopping, parks and major routes. Property sold as-is; buyer/buyer’s agent to perform due diligence.

Property Information

Property type
Residential Income
Sub-type
Triplex
Year built
1835
Stories
3
Living area
4,671 Sq Ft
Lot size
0.13 acres
Parking spaces
6
Zoning
R3
Days on market
3
MLS® Listing#
73585149

Property Features

Appliances
Range · Dishwasher · Refrigerator · Range Hood · Microwave
Flooring
Tile · Varies · Laminate
Basement
Full
Parking
Off Street
Patio
Deck · Covered
Lot features
Level
Construction
Frame
Foundation
Stone
Roof
Shingle
Sewer
Public Sewer
Water source
Public

Financial Details

Annual taxes
$13,452Tax year 2026
Assessed value
$1,306,000
Parcel number
M:0082 B:0599 L:0023,2002808

Directions

Please use gps

Listing Courtesy: J. Barrett & Company - 9789223683

Presented by: The Lopes Group

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. Copyright ©2026 MLS Property Information Network, Inc. All Rights Reserved.

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