47 Broad St, Lynn, MA 01902

Lynn
Local realty services provided by:ERA Millennium Real Estate
47 Broad St,Lynn, MA 01902
$1,249,900
  • 6 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...

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Home facts

  • Year built:1835
  • Listing ID #:73585149
  • Updated:October 01, 2026 at 02:28 PM

Rooms and interior

  • Bedrooms:6
  • 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
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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