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43 Broad StLynn, MA 01902

Essex County

$749,900List price
1823Year built
0.11Acre lot
2 days agoOn market

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.

Property Information

Property type
Commercial Sale
Year built
1823
Lot size
0.11 acres
Zoning
R3
Days on market
2
MLS® Listing#
73585395

Property Features

Roof
Shingle
Utilities
Natural Gas Available
Sewer
Public Sewer
Water source
Public

Financial Details

HOA
None
Annual taxes
$12,365Tax year 2026
Parcel number
M:0082 B:0599 L:0022,2002807

Directions

Please use gps

Listing Courtesy: J. Barrett & Company - 9789223683

Presented by: The Lopes Group

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