47 Broad St, Lynn, MA 01902
Local realty services provided by:ERA M. Connie Laplante Real Estate
47 Broad St,Lynn, MA 01902
$1,249,900
- 9 Beds
- 3 Baths
- 4,671 sq. ft.
- Multi-family
- Active
Listed by: the lopes group, melissa dias-lopes
Office: j. barrett & company
MLS#:73585149
Source:MLSPIN
Price summary
- Price:$1,249,900
- Price per sq. ft.:$267.59
About this home
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....
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Home facts
- Year built:1835
- Listing ID #:73585149
- Updated:October 28, 2026 at 12:01 PM
Rooms and interior
- Bedrooms:9
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:17
- Flooring:Laminate, Tile
- Kitchen Description:Dishwasher, Kitchen, Microwave, Range, Range Hood, Refrigerator
- Basement Description:Full
- Living area:4,671 sq. ft.
Structure and exterior
- Roof:Shingle
- Year built:1835
- Building area:4,671 sq. ft.
- Lot area:0.13 Acres
- Lot Features:Level
- Construction Materials:Frame
- Exterior Features:Covered, Deck
- Foundation Description:Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,249,900
- Price per sq. ft.:$267.59
- Tax amount:$13,452 (2026)
Features and amenities
- Appliances:Dishwasher, Microwave, Range, Range Hood, Refrigerator
Parking
- Total parking spaces:6
- Parking description:Off Street
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