New Listing
$749,900
 $4,026 est/mo Sourced by Back At You

43 Broad St,Lynn, MA 01902

Lynn, MA 01902

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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.

Details

MLS #73585148
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1823
Listing Provided ByJ. Barrett & Company | The Lopes Group

Features

Bed(s)2
Bath(s) 2 Total
SQ Feet2,268
BasementY
Story(s)2
Units2
ZoningR3
Acreage0.11
Water FrontYes

Interior

Rooms Total5
Fireplaces Total0
Fireplace Yes / NoNo
FlooringTile, Laminate

Exterior

RoofShingle
Construction MaterialsFrame
Foundation DetailsStone
Lot FeaturesLevel

Parking

Garage Yes / NoNo
Parking FeaturesOff Street

Utilities

Utilitiesfor Gas Range, for Electric Dryer, Washer Hookup
SewerPublic Sewer
ElectricCircuit Breakers

Taxes

Tax Annual Amount12365
Tax Assessed Value629600
Tax Year2026

Location

Community FeaturesPublic Transportation, Shopping, Park
Senior Community Yes / NoNo

Area Information

StateMA
CountyEssex
CityLynn
Zip Code01902
AreaEssex
Listing VS Median (in 01902)
Price:
$749,900
low | high
Med:
$399,000
96.792905720763% of Average
sqft:
2,268
low | high
Med:
2,875
23.236331569665% of Average
$ / sqft:
$331
low | high
Med:
$139
100% of Average

Market Activity 01902

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Additional Information

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Contact

Learn More About This Property

Wendy Tauber

Wendy Tauber

HK Realty

 (603) 502-7151wendy@h-krealty.com
StateMA
CountyEssex
CityLynn
Zip Code01902
AreaEssex
Listing VS Median (in 01902)
Price:
$749,900
low | high
Med:
$399,000
96.792905720763% of Average
sqft:
2,268
low | high
Med:
2,875
23.236331569665% of Average
$ / sqft:
$331
low | high
Med:
$139
100% of Average
Nearby Listings (Within 1/10 mile)
Price: $562K - $937K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
62 Estes Street # 2 Property Photo 1
$699,000
62 Estes Street # 2
Lynn, MA 01902
Listing Updated: October 1, 2026 at 8:48:35 AM PDT