303 Broadway is a three-story brick building containing 17 units comprised of (12) 2-Bedroom/1-Bathroom units and (5) 1-Bedroom/1-Bathroom units. The Property also features storage in the basement for tenants, an on-site laundry facility, and parking for 17 vehicles. The Property is separately metered for electricity and gas fired heat (hot water baseboard) which the tenants pay, the Landlord pays for common area electric, hot water, and domestic water and sewer. In-place leases are significantly below market rates; the opportunity exists to upgrade the unrenovated unit interiors to drive rental rates in an urban-infill, high demand/supply-constrained residential market.
Sold for $3,800,000
$3,800,000
303 Broadway, Lynn, MA 01904
29beds
12,528sqft
5+ Family - 5+ Units Up/Down
Built in 1970
-- sqft lot
$-- Zestimate®
$303/sqft
$2,501 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,501/mo
Zestimate® history
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$23,674/mo
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Zillow last checked:
Listing updated:
Listed by:
Dennis Kelleher 781-776-4002,
Horvath & Tremblay 781-776-4000
Bought with:
Stephen Girolamo
Horvath & Tremblay
Source: MLS PIN,MLS#: 73269528
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 29
- Bathrooms: 17
- Full bathrooms: 17
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 12,528
- Total interior livable area: 12,528 sqft
Property
Parking
- Total spaces: 17
- Parking features: Paved Drive, Off Street, Assigned
- Uncovered spaces: 17
Lot
- Size: 0.26 Acres
Details
- Parcel number: 1988596
- Zoning: BD
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Foundation: Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1970
Utilities & green energy
- Electric: Individually Metered
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Tennis Court(s), Park, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School
Location
- Region: Lynn
HOA & financial
Other financial information
- Total actual rent: 27810
Price history
| Date | Event | Price |
|---|---|---|
| 2/8/2025 | Listing removed | $2,500 |
Source: Zillow Rentals Report a problem | ||
| 2/4/2025 | Listed for rent | $2,500 |
Source: Zillow Rentals Report a problem | ||
| 10/28/2024 | Sold | $3,800,000-5%$303/sqft |
Source: MLS PIN #73269528 Report a problem | ||
| 7/25/2024 | Listed for sale | $4,000,000+514.6%$319/sqft |
Source: MLS PIN #73269528 Report a problem | ||
| 6/19/2001 | Sold | $650,880$52/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $34,602 | $3,286,000 |
| 2024 | $34,602 +6.6% | $3,286,000 +12.9% |
| 2023 | $32,451 | $2,910,400 |
| 2022 | $32,451 +12.9% | $2,910,400 +32% |
| 2021 | $28,739 +2% | $2,205,600 +4.9% |
| 2020 | $28,169 +9.1% | $2,102,200 +16.5% |
| 2019 | $25,813 +12% | $1,805,100 +18.7% |
| 2018 | $23,040 +12.3% | $1,520,800 +15.6% |
| 2017 | $20,520 -1.6% | $1,315,400 +2% |
| 2016 | $20,864 +22.8% | $1,289,500 +27.1% |
| 2015 | $16,993 +7.3% | $1,014,500 +9.7% |
| 2014 | $15,835 +3.5% | $924,400 +2.3% |
| 2013 | $15,296 +7.1% | $903,500 +3% |
| 2012 | $14,282 -1.6% | $877,300 -2% |
| 2011 | $14,520 0% | $895,200 -4.3% |
| 2010 | $14,521 +9% | $935,000 -10.6% |
| 2009 | $13,318 +13.1% | $1,045,400 -2.5% |
| 2008 | $11,775 -1.4% | $1,072,400 -6.6% |
| 2007 | $11,943 +6.8% | $1,148,400 +2.1% |
| 2006 | $11,181 +7.4% | $1,124,800 +10% |
| 2005 | $10,411 +10.6% | $1,022,700 +24.2% |
| 2004 | $9,409 +3.3% | $823,200 +19.4% |
| 2003 | $9,111 +5.1% | $689,700 +31% |
| 2001 | $8,666 +10.2% | $526,500 +18.7% |
| 1999 | $7,861 +1.9% | $443,400 -3.7% |
| 1995 | $7,713 | $460,200 |
Find assessor info on the county website
Neighborhood: 01904
Nearby schools
GreatSchools rating
- 4/10Edward A. Sisson Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 4/10Pickering Middle SchoolGrades: 6-8Distance: 0.1 mi
- 1/10Fecteau-Leary Junior/Senior High SchoolGrades: 6-12Distance: 1.5 mi
- Massachusetts
- Essex County
- Lynn
- 01904
- 303 Broadway
Nearby cities
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