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This investment checks off all of the boxes: Recently remodelled and ready to rent to your own hand picked tenants now for great income, and also build out a protected ADU in the separate carriage house for an additional unit. Ample parking (8 spaces), vinyl siding, fresh paint, new carpet and luxury vinyl tile. Sprinkler system installed for reduced insurance rates. Potential of $13-14,000 total monthly income including the ADU, and $11-11,500 in current state. Coin operated laundry in basement for even more income. Currently only one tenant occupying a second floor one bedroom unit, as the owner left the others vacant to renovate and allow the new owner to hand pick their own tenants. Great location, close to beach, bus line to Boston on street. Easy to show, but shown by appointment only to allow investors ample time to focus on this opportunity.

More Info

Basic Information

  • Gross Income $132,000
  • Mls StatusActive
  • Rent Includes Unit 1(Water, Hot Water), Unit 2(Gas, Water, Hot Water), Unit 3(Gas, Water, Hot Water), Unit 4(Gas, Water, Hot Water)

Tax Information

  • Tax Assessed Value $904,900
  • Tax Year 2026
  • Taxes$9,320

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces8

Rooms

  • Bathroom5
  • Bathrooms Total Decimal 5
  • Bedrooms9
  • Full Bath5

Basic Information

  • List Price$1,190,000
  • MLS Number73520240
  • Modification Date05/20/2026
  • Property SubType4 Family

Location

  • Address4-4A Broad Street
  • Building Number4-4a
  • CountyEssex
  • NeighborhoodDiamond District
  • StateMA
  • StreetBroad Street
  • SubdivisionDiamond District
  • TownLynn
  • Zip01902

Building

  • BasementFull
  • Building Area Units Square Feet
  • Construction Materials Conventional (2x4-2x6)
  • FoundationStone, Brick/Mortar
  • Levels 4
  • Patio And Porch Features Porch
  • Rooms18
  • Stories4
  • Units4
  • Window Features Insulated Windows
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.17

Interior

  • Flooring Wood, Tile
  • Interior Features Bathroom with Shower Stall, Bathroom With Tub, Remodeled, Living Room, Kitchen

Exterior

  • RoofShingle

Utilities

  • Electric 220 Volts
  • Heat SystemYes
  • Heating Electric
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 4,089
  • Lot Size Square Feet 7,298
  • Lot Size Units Acres
  • Square Feet4,089

Amenities

  • Appliances IncludedRange, Dishwasher, Refrigerator
  • Other AmenitiesBasement

Water Body

  • Miles to Beach1
  • Waterfront Features 1/2 to 1 Mile To Beach, Beach Ownership(Public)

Other

  • Date Listed05/16/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by David Potter of Atlantic Coast Homes,Inc

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