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Sold on 01/30/2017
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1 Broad St, Lynn, MA 01902

$663,000

Last sold 01/30/2017 for $235K

  • 4

    bed

  • 1.5

    bath

  • 1,554

    Sqft ($151/Sqft)

Multi-family not for sale
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About 1 Broad St

Property type Multi-family
Neighborhood
Year built 1863
HOA fee $0/month
Lot size 2,409 Sqft
Movoto estimate
Property description
Great investment opportunity! The house used to be one family with commercial zoning . However City of Lynn made a decision about changing the zoning to 2 family residential . Starting with new fiscal year in the City of Lynn RE taxes for the property will be showing in the official docs . First floor of the house used to be dental office that could be made into 2 bedroom 2 bathroom apartment . Second floor has 2 bedroom one bath apartment which brings $ 1,200.00 per month in rent . After remodeling potential income should be $2800 - 2900 per month
Listed by
Listing Agent - Liliya Sherman
Listing Office - Sherman Realty
Source: MLS Property Information Network, Inc. mls logo
MLS#72095821 • last updated 9 years ago
Movoto checked MLS Property Information Network, Inc. for data 4 minutes ago
Overview
Levels/Style 2
Type Multi-family
MLS # 72095821
SqFt 1554
Status Sold
SubType 2 Family
Lot Size (Acre) 0.06
Property Tax 99999999
Year Built 1863
Short Sale (Y/N) No
Foreclosure (Y/N) No
Interior
# Full Baths 1, 1
# Half Baths 1
Total # of Bedrooms 4, 4
Total # of Rooms 8, 8, 8
# Fireplaces 0, 0
Exterior
Foundation Fieldstone
Roof Asphalt/Fiberglass Shingles
Construction Frame
# Parking Spaces 2
Lot Desc Corner
Amenities / Utilities
Water Source City/Town Water
HOA Amenities Public Transportation, Shopping, Medical Facility, Laundromat, Public School
Location
Waterfront Ocean, Public
Distance to Beach (mi.) 3/10 To 1/2 Mile
County Essex
APN M:081 B:601 L:019, 2002871
Multifamily Details
# of Units 2
Unit 2 Rent 1200
Unit 1 Rent 9999
$663K
Range: $437K-$888K
Last 30 days 
  • Jan 2017
    mls logo MLS # 72095821
  • Jan 30, 2017 Sold
    $235,000 (-9.6%)
  • Nov 22, 2016 Listed
    $259,900 (+13.0%)
  • Mar 2016
    mls logo MLS # 71976478
  • Mar 23, 2016 Listed
    $230,000 (+4.5%)
  • Aug 2015
    mls logo MLS # 71812892
  • Aug 26, 2015 Price Change
    $220,000 (-4.3%)
  • Apr 7, 2015 Listed
    $230,000 (+9.6%)
  • Jul 2011
    mls logo MLS # 71263085
  • Jul 18, 2011 Listed
    $209,900
  • Dec 2010
    mls logo MLS # 71168274
  • Dec 6, 2010 Listed
    $209,900
  • Aug 2010
    mls logo MLS # 71117171
  • Aug 1, 2010 Listed
    $209,900 (-16.0%)
  • Mar 2010
    mls logo MLS # 71053419
  • Mar 25, 2010 Listed
    $249,900 (-10.7%)
  • Oct 2008
    mls logo MLS # 70837969
  • Oct 21, 2008 Listed
    $279,900
  • Year Property taxes Tax assessment
  • 2025
    $6,407 +5.1%
    $618,405 +6.77%
  • 2024
    $6,099 -2.9%
    $579,200 +2.8%
  • 2023
    $6,282 +1.7%
    $563,400 +13.36%
  • 2022
    $6,178 +9.1%
    $497,000 +14.38%
  • 2021
    $5,662 +4.5%
    $434,500 +7.44%
  • 2020
    $5,419 +8.3%
    $404,400 +15.61%
  • 2019
    $5,002 +6.5%
    $349,800 +12.8%
  • 2018
    $4,698 -1.5%
    $310,100 +1.41%
  • 2017
    $4,770
    $305,800
  • 1 Broad St
    $235K
  • Fayette Street
    $499K +25% y/y
  • 01902
    $479K +36% y/y
  • Lynn
    $570K +14% y/y
No chart available
Statistics calculated by Movoto

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4/10
Harrington Elementary School
public Grades PK, K-5
Lynn School District
N/A
William R Fallon Elementary School
public Grades 1-5
Lynn School District
3/10
Thurgood Marshall Middle School
public Grades 6-8
Lynn School District
1/10
Fecteau-Leary Junior/Senior High School
public Grades 6-12
Lynn School District
2/10
Lynn English High School
public Grades 9-12
Lynn School District
Source: GreatSchools.org © 2026. All rights reserved.

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