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.

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Basic Information

Gross Income $70,800
Listing Terms Contract
Lot Features Level
Mls StatusNew
Parcel Number M:0082 B:0599 L:0022,2002807

Tax Information

Tax Assessed Value $629,600
Tax Year 2026
Taxes$12,365

Parking

Parking Features Off Street
Parking Spaces4

Rooms

Bathroom2
Bathrooms Total Decimal 1.5
Bedrooms2
Full Bath1
Half Baths1

Basic Information

List Price$749,900
MLS Number73585148
Modification Date10/02/2026
Property SubType2 Family - 2 Units Up/Down

Location

Address43 Broad Street
Building Number43
CountyEssex
StateMA
StreetBroad Street
TownLynn
Zip01902

Building

BasementFull, Concrete
Building Area Units Square Feet
Construction Materials Frame
FoundationStone
Levels 2
Rooms5
Stories2
Units2
Utilities For Gas Range, For Electric Dryer, Washer Hookup
Year Built1823
Year Built Details Actual, Renovated Since
Year Built Source Public Records

Property

Acreage0.11

Interior

Flooring Tile, Laminate

Exterior

RoofShingle

Utilities

Electric Circuit Breakers
Sewer Public Sewer
Water Source Public

Property Information

Building Area Source Public Records
Living Area 2,268
Lot Size Square Feet 4,713
Lot Size Units Acres
Square Feet2,268

Amenities

AmenitiesPublic Transportation, Shopping, Park
Other AmenitiesBasement

Water Body

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

Legal

ZoningR3

Other

Date Listed10/01/2026
Farm Land Area Units Square Feet

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Newton, MA

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Newton, MA