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43 Broad St Lynn, MA 01902
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73585395
HOA Y/N false
Year Built 1823
Annual Tax Amount $12,365
Tax Year 2026
Lot Size 4,791 Sqft
Acres 0.11
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.
Location
State MA
County Essex
Zoning R3
Direction Please use gps
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available
Roof Type Shingle
Others
Senior Community false
Listed by J. Barrett & Company
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