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Bean Group
Offered at $749,900Active
beds
3
baths
2
sq ft
2,268
Built
1823

43 Broad St

Lynn, MA 01902

About this home

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.

Listing last checked: Listing updated:

Listed by The Lopes Group · J. Barrett & Company · MLS #73585148

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Details at a glance

Interior3 property facts
Rooms
5
Flooring
Tile, Laminate
Basement
Yes · Full, Concrete
Building5 property facts
Style
2 Family - 2 Units Up/Down
Year built
1823
Parking
4
Foundation
Stone
Roof
Shingle
Land & utilities5 property facts
Lot size
0.11 acres
Water
Public
Sewer
Public Sewer
Pool
Not reported
Zoning
R3
Financial2 property facts
Annual taxes
$12,365
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $749,900 asking price. Adjust the assumptions to your situation.

Known monthly costs$4,822 / monthAdjust
Principal & interest
$3,792
Property tax
$1,030
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $12,365. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. New

    $749,900 · Oct 1, 2026

  2. Exp

    $309,000 · Oct 19, 2009

  3. Exp

    $339,900 · Jun 29, 2006

  4. Exp

    $379,500 · Sep 9, 2005

More property insights

Automated value estimate $794,731

Estimated range $714,422–$875,040.

Automated estimates are not appraisals or guarantees of market value.

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Photo-based condition insights

Overall presentation: average

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About 43 Broad St

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Request a tour of 43 Broad St and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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Availability varies by property and source. Request the documents you need and we will help obtain what is available.