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Century 21 North East
43 Broad St, Lynn, MA 01902
Listing Courtesy of : The Lopes Group ---- J. Barrett & Company
- $749,900
- 2
- BD
- 2
- BA
- 2,268
- SqFt
- List Price
- $749,900
- Status
- ACTIVE
- MLS#
- 73585148
- Bedrooms
- 2
- Bathrooms
- 2
- Full Baths
- 1
- Half Baths
- 1
- Living Area
- 2,268
- Lot Size (Acres)
- 0.11
- Year Built
- 1823
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.
Additional Information
- Taxes
- $12,365
- Parking Description
- Off Street
- Parking Features
- Off Street
- Parking Spaces
- 4
- Basement
- Full, Concrete
- Water Source
- Public
- Lot Description
- Level
- Heat Zones
- 2
- Water
- Public
- Sewer
- Public Sewer
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