47 Broad St
Lynn, MA, 01902
$1,249,900
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.
Current real estate data for Multi Family in Lynn as of Oct 12, 2026
74
Multi Family Listed
126
Avg DOM
308
Avg $ / SqFt
$1,413,830
Avg List Price
Property Details
Price:
$1,249,900
MLS #:
73585149
Status:
Active
Beds:
9
Baths:
3
Type:
Multi Family
Subtype:
3 Family
Listed Date:
Oct 1, 2026
Finished Sq Ft:
4,671
Total Sq Ft:
4,671
Lot Size:
5,628 sqft / 0.13 acres (approx)
Year Built:
1835
Units:
3
Schools
Interior
Above Grade Finished Area
4671
Appliances
Range, Dishwasher, Refrigerator, Range Hood, Microwave
Bathrooms
3 Full Bathrooms
Flooring
Tile, Varies, Laminate
Interior Features
Living Room, Kitchen
Levels
3
Exterior
Construction Materials
Frame
Lot Features
Level
Open Parking Spaces
6
Parking Features
Off Street
Parking Spots
6
Parking Total
6
Patio And Porch Features
Deck, Covered
Roof
Shingle
Stories
3
Waterfront Features
Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Financial
Tax Year
2026
Taxes
$13,452
Map
Contact Us
Mortgage Calculator
Community
- Address47 Broad St Lynn MA
- CityLynn
- CountyEssex
- Zip Code01902
Subdivisions in Lynn
Property Summary
- 47 Broad St Lynn MA is a Multi Family for sale in Lynn, MA, 01902. It is listed for $1,249,900 To schedule a showing of MLS#73585149 at 47 Broad St in Lynn, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.
Similar Listings Nearby
CRP: Certified Relocation Professional CRS: Certified Residential Specialist GRI: Graduate of Realtors Institute CBR: Certified Buyers Representative BSBA: Bachelor of Science in Business Administration. Babson College 1979 MBA: Master of Business Administration. Babson College 2002 James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…
More About JamesCourtesy of J. Barrett & Company. The property listing data and information 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 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 set forth herein.
47 Broad St
Lynn, MA



