43 Broad St, Lynn MA 01902
Lynn, MA 01902
$749,900
Est. $5,022/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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About this home
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.
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Recently Sold Nearby
Property History
Market Insights
14%
Price Range
1
Previous Sales
Property Timeline
Listed for Sale
Oct 1, 2026
$749,900
Original listing
Agent: The Lopes Group
Office: J. Barrett & Company
Previous Transaction - MLS #72985248
Full transaction history available when tracking began
Previously Sold
Jul 25, 2022
$645,000
MLS #72985248
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 10/01/2026 | 🏠 Listed for Sale | $749,900 | - | - | Original listing |
| 07/25/2022 | 🏷️ Previously Sold | $645,000 | - | - | MLS #72985248 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $12,365 | $629,600 |
Financial Details
Annual Property Tax
$12,365
Tax Year 2026
Assessed Value
$629,600
Facts & Features
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Up/Down
Year Built
1823
Living Area
2,268 sq ft
Lot Size
0.11 acres
Stories
2
Bedrooms
2
Full Baths
1
Half Baths
1
Total Rooms
5
Investment Metrics
Units
2
Unit 1 Rent
$3,000/mo · Y
Unit 2 Rent
$2,900/mo · N
Total Monthly Rent
$5,900/mo
Gross Income
$70,800
Net Operating Income
$70,800
Cap Rate
9.44%
Interior
Heating
None
Cooling
None
Flooring
Tile, Laminate
Appliances
None
Fireplace
None
Basement
Full, Concrete
Laundry
Electric Dryer Hookup, Washer Hookup
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Off Street
Total Spaces
4
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$12,365
Assessed Value
$629,600
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Seller/sellers Agents Make No Warranties/representations, Property Is Being Sold As Is, Buyer/buyers Agent Responsible For Due Diligence. Appliances Left As Gifts.
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Essex
Property Overview
Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1823
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
2,268 sq ft
Total Rooms
5
Stories
2
Levels
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,268 sq ft above grade
Display Options
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Tile, Laminate
Appliances:
Interior Features:
Windows:
Basement:
Full, Concrete
Laundry:
Electric Dryer Hookup, Washer Hookup
Security:
Construction & Materials
Year Built:
1823
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stone
Stories:
2
Heating, Cooling & Utilities
Heating:
Heating Zones:
2
Cooling:
Hot Water:
Tank
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Parking & Garage
Total Parking Spaces:
4
Parking Features:
Off Street
Nearby Schools
School District
Lynn School District local
D
School Safety
2024-25
3.5%
Above Average
3.0%
Suspensions
0.3%
In-School
0.1%
Expulsions
0.4%
Emergency
2.0% below state avg
Elementary Schools
10 schools
B-
KIPP Academy Lynn Charter School
0.7 mi
|
#203 of 346
|
Score: 52.0
Improved 58 spots from last year
-6.2 below state avg
1,629 students
Moderate
High Graduation Rate
Rising School
College Ready Curriculum
Grades K-12
The Hathaway School
1.0 mi
Grades PK-08
C-
Lynn Vocational Technical Institute
1.0 mi
|
#292 of 346
|
Score: 41.8
Improved 42 spots from last year
-16.4 below state avg
1,566 students
Moderate
Early College Program
High Graduation Rate
Rising School
Career Tech Programs
Grades PK-12
St. Pius V Elementary School
1.3 mi
Grades PK-08
North Shore Christian School
1.9 mi
Grades PK-08
Sacred Heart Elementary School
1.9 mi
Grades PK-08
TEAMS Academy at Virginia Barton Center
2.6 mi
27 students
Diverse
Grades PK-12
C-
E. J. Harrington Elementary School
0.1 mi
|
#721 of 825
|
Score: 34.3
Improved 72 spots from last year
-23.9 below state avg
685 students
Moderate
Rising School
Grades PK-05
C-
Brickett Elementary School
0.3 mi
|
#667 of 825
|
Score: 37.5
Improved 122 spots from last year
-20.7 below state avg
330 students
Moderate
Rising School
Grades K-05
C-
Ingalls School
0.6 mi
|
#672 of 825
|
Score: 37.2
Improved 126 spots from last year
-21 below state avg
620 students
Less Diverse
Rising School
Grades K-05
Middle Schools
2 schools
C-
Thurgood Marshall Middle School
0.6 mi
|
#311 of 352
|
Score: 30.7
Improved 40 spots from last year
-27.5 below state avg
1,190 students
Moderate
Rising School
Grades 06-08
C+
Pickering Middle School
1.9 mi
|
#229 of 352
|
Score: 38.5
Improved 78 spots from last year
-19.7 below state avg
539 students
Diverse
Rising School
Grades 06-08
High Schools
6 schools
B+
Fredrick Douglass Collegiate Academy
0.4 mi
|
#11 of 25
|
Score: 34.7
Improved 331 spots from last year
-23.5 below state avg
364 students
Moderate
Early College Program
Rising School
Grades 06-12
St. Mary's High School
0.7 mi
Grades 07-12
City Arts & Sciences Academy at Fecteau-Leary
0.9 mi
259 students
Moderate
Grades 06-12
B-
Harold Durgin Success Academy
0.9 mi
|
#16 of 25
|
Score: 30.4
Improved 329 spots from last year
-27.8 below state avg
98 students
Moderate
Rising School
Career Tech Programs
Strong Attendance
Grades 09-12
D
Lynn English High School
0.9 mi
|
#315 of 346
|
Score: 35.5
Improved 40 spots from last year
-22.7 below state avg
1,727 students
Moderate
18 sports
• 1,425 athletes
Early College Program
Rising School
Career Tech Programs
Strong Athletics
Grades 09-12
C-
Classical High School
2.5 mi
|
#304 of 346
|
Score: 37.5
Improved 49 spots from last year
-20.8 below state avg
1,513 students
Moderate
Early College Program
Rising School
Career Tech Programs
Grades 09-12
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Loan Amount
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
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Property Tax
$1,030
Homeowners Insurance
$200
PMI (if <20% down)
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Loan Summary
Total of 360 payments
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
43 Broad St, Lynn MA 01902
Lynn, MA 01902
Listing Information
Listing Agent
The Lopes Group
Listing Office
J. Barrett & Company
Office Phone
978-922-3683
Agent MLS ID
TM326374
Office MLS ID
AC2087
Listing Data Updated
Oct 1, 2026 11:54 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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