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43 Broad St

Lynn, MA 01902
$749,900
2 Beds
1/1 Bath
2,268 Living Area
  • Property 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.
  • Highlights
    • Levels: 2
    • Property Class: Residential Income
    • Stories: 2
    • Year Built: 1823
    • Parking Spots: 4
    • Property Type: 2 Family - 2 Units Up/Down
    • Total Rooms: 5
    • Status: Active
  • Additional Details
    • Basement: Full, Concrete
    • Flooring: Tile, Laminate
    • Lot Features: Level
    • Roof: Shingle
    • Total Number of Units: 2
    • Year Built Source: Public Records
    • Construction: Frame
    • Foundation: Stone
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Details: Actual, Renovated Since
    • Zoning: R3
  • Amenities
    • Community Features: Public Transportation, Shopping, Park
    • Waterfront Features: Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
    • Parking Features: Off Street
  • Utilities
    • Electric: Circuit Breakers
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $629,600
    • Taxes: $12,365
    • Tax Year: 2026
    • Total Rent: $5,900

Location

43 Broad St, Lynn, MA 01902

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of J. Barrett & Company. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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