Unit Information
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.
- Additional Details
- Status: New
- Type: Multi-Family, Triplex
- Zip Code: 01902
- Levels: 3
- Parking
- Garage Capacity: 6
- Parking: Off Street
- Parking Spaces: 6
- Rooms and Dimensions
- Total Units: 3
- Total Floors: 3
- Total Rooms: 17
- Has Basement: Yes
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$1,249,900
- Status: New
- Listing ID: 73585149
- Bedrooms: 9
- Full Baths: 3
- Living Area: 4,671 sqft Convert
- Lot Size: 5,628 sqft Convert
- Acres: 0.13
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Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |