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Est. Mortgage: $/month

Federal 30-year interest rate: 6.66% last updated on 2026-08-27

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Sold
303 Broadway Lynn MA 01904303 Broadway Lynn MA 01904303 Broadway Lynn MA 01904303 Broadway Lynn MA 01904303 Broadway Lynn MA 01904303 Broadway Lynn MA 01904303 Broadway Lynn MA 01904303 Broadway Lynn MA 01904303 Broadway Lynn MA 01904303 Broadway Lynn MA 01904303 Broadway Lynn MA 01904303 Broadway Lynn MA 01904303 Broadway Lynn MA 01904303 Broadway Lynn MA 01904303 Broadway Lynn MA 01904
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  • 29Bedrooms
  • 17Bathrooms
  • 12,528Square Feet
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.
Listed by Dennis Kelleher of Horvath & Tremblay

Listing Sold by Horvath & Tremblay

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More Info

Basic Information

  • Gross Income $336,780
  • Mls StatusSold
  • Parcel Number 1988596
  • Rent Includes Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water)

Location

  • Address303 Broadway
  • Building Number303
  • CountyEssex
  • StateMA
  • StreetBroadway
  • TownLynn
  • Zip01904

Property

  • Acreage0.26

Utilities

  • Electric Individually Metered
  • Sewer Public Sewer
  • Water Source Public

Other

  • Buyer Agency Compensation2
  • Date Listed07/25/2024
  • Farm Land Area Units Square Feet

Tax Information

  • Tax Assessed Value $3,286,000
  • Tax Year 2024
  • Taxes$34,602

Rooms

  • Bathroom17
  • Bathrooms Total Decimal 17
  • Bedrooms29
  • Full Bath17

Building

  • Building Area Units Square Feet
  • FoundationBrick/Mortar
  • Rooms63
  • Stories3
  • Units17
  • Year Built1970
  • Year Built Details Actual
  • Year Built Source Public Records

Amenities

  • Amenities
    • Conservation Area
    • Golf
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • Tennis Court(s)
  • Other AmenitiesBasement, Golf, Tennis

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Assigned
  • Parking Spaces17

Basic Information

  • GO-List Price$4,000,000
  • MLS Number73269528
  • Modification Date10/28/2024
  • Property SubType5+ Family - 5+ Units Up/Down
  • Purchase Contract Date08/09/2024
  • Sale Date10/28/2024
  • Sale Price$3,800,000

Exterior

  • RoofShingle

Property Information

  • Building Area Source Public Records
  • Living Area 12,528
  • Lot Size Square Feet 11,369
  • Lot Size Units Acres
  • Square Feet12,528

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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