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9 Beds
3 Baths
4,671 sqft

$1,249,900

47 Broad St, Lynn MA, 01902

Price per sqft$267.59
Built in1835
Property size4,671 sqft
Property typeMulti-family

Overview

Active

Listed Oct 1, 2026

Updated 3 days ago

Prime opportunity to acquire a fully income-producing 3-family with strong rents, off-street parking and the added option to purchase the adjacent mixed-use property at 43 Broad Street, creating a rare side-by-side investment opportunity near Lynn’s Diamond District and shoreline. Each unit offers 3 bedrooms and 1 full bath and is currently rented for $3,200/month, generating $9,600/month / $115,200 annually in gross rent. The property also features a full basement, rear decks/covered outdoor space and 6 off-street parking spaces. Ideal for an investor looking to expand a portfolio or a future owner-occupant seeking to offset housing costs with rental income. All residential units are currently occupied by tenants at will. The neighboring 43 Broad Street is also available separately for $749,900, offering a first-floor convenience store with a long-term lease, a 3-bedroom residential unit and 4 off-street parking spaces. Conveniently located near Lynn’s Diamond District, Lynn Shore Drive and Lynn Beach, with easy access to public transportation, MBTA bus service, the Lynn commuter rail station, shopping, parks and major routes. Property sold as-is; buyer/buyer’s agent to perform due diligence.

$8,316/mo

Est. mortgage payment based on a $1,249,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
73585149

Interior Features

Bedrooms
9
Bathrooms
3
Basement
Yes

Exterior Features

Lot Size
0.13 Acres

Other Property Details

Taxes
$13,452
Tax Frequency
Annually
55+/Senior Community
No

This listing is provided by The Lopes Group with J. Barrett & Company

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Data last updated 3:18 AM UTC, 10/6/2026

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