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INVESTMENT SNAPSHOT
About this property
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.
Property details
| Units | 2 |
| Living area | 2,268 sqft |
| Lot size | 4,713 sqft |
| Year built | 1823 |
| Price / sqft | $331 |
| County | Essex |
| MLS # | 73585148 |
Listing status
| Days on market | 0 days |
| Listed on | October 1, 2026 |
Taxes & financials
| Annual property tax | $12,365 |
| Tax year | 2026 |
| Assessed value | $629,600 |
| Zoning | R3 |
| Gross income (actual) | $70,800/yr |
| Net operating income (actual) | $70,800/yr |
| Total actual rent | $5,900/mo |
Building & lot
| Stories | 2 |
| Total rooms | 5 |
| Lot size | 0.11 acres |
| Garage spaces | 0 |
| Parking spaces | 4 |
| Parking | Off Street |
| Basement | Full, Concrete |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Tile, Laminate |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Electric Dryer, Washer Hookup |
Location
More about investing in Lynn →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 43 Broad St, Lynn MA 01902 have?
It is a 2-unit multi-family property with 2,268 sqft of living area, built in 1823.
How long has 43 Broad St, Lynn MA 01902 been on the market?
43 Broad St, Lynn MA 01902 has been listed for 0 days (since October 1, 2026).
What is the price per unit?
At a list price of $749,900 across 2 units, that works out to roughly $374,950 per unit.
What are the property taxes on 43 Broad St, Lynn MA 01902?
Annual property taxes are $12,365 (2026), on an assessed value of $629,600.
What is the price per square foot?
At $749,900 for 2,268 sqft, that's about $331 per square foot.
Is there parking?
4 total parking spaces (off street).
Where is this property located?
43 Broad St, Lynn MA 01902 is in Lynn, Essex County, MA 01902.
