427 Broadway Lynn, MA 01904
Lower Broadway NeighborhoodEstimated payment $6,221/month
Highlights
- Medical Services
- Property is near public transit and schools
- Attic
- Deck
- Wood Flooring
- 4-minute walk to Flax Pond Park
About This Home
Rare Lynn 3-Family Opportunity Under $1 Million Near Wyoma Square! This exceptional multi-family property offers investors and owner-occupants an outstanding opportunity to own a sizable 3-unit property in a desirable Lynn location near Wyoma Square. The property features 7 bedrooms, 4 bathrooms, approximately 3,754 sq. ft. of living space, and a generous 7,287 sq. ft. lot, providing excellent space and flexibility for both investment and multi-generational living. The property offers three units with the potential to be delivered vacant, creating tremendous flexibility for an owner-occupant, investor, or buyer looking to reposition the property for maximum rental potential. Additional bonus rooms provide even more usable space and possibilities. With its substantial lot size, multiple units, and proximity to Wyoma Square, local shopping, restaurants, transportation, and major routes, this property presents an excellent opportunity to build equity in Lynn's competitive real estate market. Whether you're looking to expand your rental portfolio, house multiple generations, or occupy one unit while generating rental income from the others, 427 Broadway offers the size, location, and flexibility to make your investment goals a reality. Don't miss this opportunity—first showings start with our open house on Sun. 8/16 – 1pm-3pm!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,343
Year Built
- Built in 1903
Lot Details
- 7,288 Sq Ft Lot
- Fenced
Home Design
- Brick Foundation
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,755 Sq Ft Home
- Property has 1 Level
- Family Room
- Living Room
- Dining Room
- Home Office
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Range
- Washer and Electric Dryer Hookup
- Attic
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Full Bathrooms
- Bathtub with Shower
Parking
- 6 Car Parking Spaces
- 6 Open Parking Spaces
- Off-Street Parking
Outdoor Features
- Balcony
- Deck
- Patio
- Shed
- Rain Gutters
- Porch
Location
- Property is near public transit and schools
Schools
- Sisson Elementary School
- Pickering Middle School
- Lynn English High School
Utilities
- Window Unit Cooling System
- 3 Heating Zones
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number M:0073 B:0196 L:0003,1991246
Community Details
Overview
- 3 Units
- Near Conservation Area
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Park
- Jogging Path
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,689 | $935,200 | $212,500 | $722,700 |
| 2024 | $9,699 | $921,100 | $206,500 | $714,600 |
| 2023 | $9,366 | $840,000 | $202,700 | $637,300 |
| 2022 | $9,378 | $754,500 | $185,000 | $569,500 |
| 2021 | $8,843 | $678,700 | $160,800 | $517,900 |
| 2020 | $8,384 | $625,700 | $150,100 | $475,600 |
| 2019 | $8,181 | $572,100 | $142,200 | $429,900 |
| 2018 | $7,730 | $510,200 | $146,400 | $363,800 |
| 2017 | $7,232 | $463,600 | $124,000 | $339,600 |
| 2016 | $6,697 | $413,900 | $111,400 | $302,500 |
| 2015 | $6,177 | $368,800 | $111,400 | $257,400 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/14/2026 08/14/26 | For Sale | $974,999 | -- | $260 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | $180,000 | -- | |
| Deed | $115,900 | -- | |
| Deed | $84,500 | -- | |
| Deed | $70,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $700,000 | New Conventional | |
| Closed | $472,900 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $50,000 | Credit Line Revolving | |
| Closed | $85,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $153,175 | No Value Available | |
| Closed | $171,000 | Purchase Money Mortgage |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73563999
APN: LYNN-000073-000196-000003
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. MLS Property Information Network, Inc. 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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Ask me questions while you tour the home.