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.
For sale
$749,900
43 Broad St, Lynn, MA 01902
2beds
2,268sqft
2 Family - 2 Units Up/Down
Built in 1823
-- sqft lot
$-- Zestimate®
$331/sqft
$-- HOA
What's special
Full basementOff-street parking
- 22 hours
- 75
- 7
Zillow last checked:
Listing updated:
Listed by:
The Lopes Group 617-835-2394,
J. Barrett & Company 978-922-3683,
Melissa Dias-Lopes 617-835-2394
Source: MLS PIN,MLS#: 73585148
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Appliances
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Tile, Laminate
- Basement: Full,Concrete
- Has fireplace: No
Interior area
- Total structure area: 2,268
- Total interior livable area: 2,268 sqft
- Finished area above ground: 2,268
Property
Parking
- Total spaces: 4
- Parking features: Off Street
- Uncovered spaces: 4
Features
- Waterfront features: Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Lot
- Size: 4,713 Square Feet
- Features: Level
Details
- Parcel number: M:0082 B:0599 L:0022,2002807
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 Family - 2 Units Up/Down
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1823
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Electric Dryer, Washer Hookup
Community & HOA
Community
- Features: Public Transportation, Shopping, Park
Location
- Region: Lynn
Financial & listing details
- Price per square foot: $331/sqft
- Tax assessed value: $629,600
- Annual tax amount: $12,365
- Date on market: 10/1/2026
- Listing terms: Contract
- Total actual rent: 5900
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2026 | Listed for sale | $749,900+16.3%$331/sqft |
Source: MLS PIN #73585148 Report a problem | ||
| 7/25/2022 | Sold | $645,000-7.7%$284/sqft |
Source: MLS PIN #72985248 Report a problem | ||
| 5/26/2022 | Contingent | $699,000$308/sqft |
Source: MLS PIN #72985248 Report a problem | ||
| 5/19/2022 | Listed for sale | $699,000-2.9%$308/sqft |
Source: MLS PIN #72985248 Report a problem | ||
| 9/10/2021 | Listing removed | $719,900$317/sqft |
Source: MLS PIN #72836989 Report a problem | ||
| 5/24/2021 | Listed for sale | $719,900+200%$317/sqft |
Source: MLS PIN #72836989 Report a problem | ||
| 5/14/2013 | Sold | $240,000$106/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $623,600 +9.9% |
| 2024 | -- | $567,400 +16.2% |
| 2023 | -- | $488,400 |
| 2022 | -- | $488,400 +44.8% |
| 2021 | -- | $337,200 +1.8% |
| 2020 | -- | $331,100 +8% |
| 2019 | -- | $306,500 +0.4% |
| 2018 | $7,818 | $305,300 +0.6% |
| 2017 | $7,818 | $303,400 +3.7% |
| 2016 | $7,818 | $292,600 +4.6% |
| 2015 | $7,818 | $279,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 01902
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