Description
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!
Details
| MLS # | 73574025 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1903 |
| Days On Site | 18 |
| Listing Provided By | Skylimit Real Estate LLC | Salvador Rivas Hernandez |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,755 |
| Story(s) | 4 |
| Units | 3 |
| Zoning | R1 |
| Acreage | 0.17 |
Interior
| Rooms Total | 18 |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Window Unit(s) |
| Heating Yes / No | Yes |
| Heating | Baseboard |
| Interior Features | Living Room, Kitchen, Office/Den, Dining Room, Laundry Room |
| Appliances | Range, Refrigerator |
| Fireplaces Total | 1 |
| Fireplace Yes / No | Yes |
| Flooring | Vinyl, Varies, Hardwood |
Exterior
| Exterior Features | Balcony, Rain Gutters, Fruit Trees, Garden |
|---|---|
| Roof | Shingle |
| Construction Materials | Frame |
| Foundation Details | Brick/Mortar |
| Lot Features | Corner Lot |
| Fencing | Fenced |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Paved Drive, Off Street |
| Open Parking Yes / No | Yes |
Utilities
| Utilities | for Gas Range |
|---|---|
| Sewer | Public Sewer |
| Electric | Circuit Breakers |
Taxes
| Tax Annual Amount | 10343 |
|---|---|
| Tax Assessed Value | 1004200 |
| Tax Year | 2026 |
Location
| Community Features | Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, House of Worship, Public School, Sidewalks |
|---|---|
| Senior Community Yes / No | No |
Area Information
| State | MA |
|---|---|
| County | Essex |
| City | Lynn |
| Zip Code | 01904 |
| Area | East Lynn |
| School District | Lynn English |
| Elementary School | Sisson |
| High School | Lynn English |
| Listing VS Median (in 01904) | |
Price: $939,999 low | high Med: $599,900 sqft: 3,755 low | high Med: 1,375 $ / sqft: $250 low | high Med: $452 On site: 18 low | high Med: 62.5 | |
Market Activity 01904
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Learn More About This Property
| State | MA |
|---|---|
| County | Essex |
| City | Lynn |
| Zip Code | 01904 |
| Area | East Lynn |
| School District | Lynn English |
| Elementary School | Sisson |
| High School | Lynn English |
| Listing VS Median (in 01904) | |
Price: $939,999 low | high Med: $599,900 sqft: 3,755 low | high Med: 1,375 $ / sqft: $250 low | high Med: $452 On site: 18 low | high Med: 62.5 | |
 | $974,999427 BroadwayLynn, MA 01904 |
 | $815,000431 BroadwayLynn, MA 01904 |