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43 Broad St 01902, Lynn

$749,900

For Sale

SqFt

Size

0

Bedrooms

0

Bathrooms

73585395

Property Id

Property image 1
1 / 21

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.

Address

Address43 Broad St 01902 Lynn, MA
CountryUS
Property Type

Commercial Sale

Property Class

CommercialProperty

Style

Other

Transaction Type

Sale

Year Built

1823

Lot Size

4,713 sqft

List Price

$749,900

Original Price

$749,900

Annual Property Taxes

$12,365

Tax Assessment Year

2026

Monthly Tax Estimate

$1,030

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