Active
4 Days on market
427 Broadway Lynn — Photo 1 of 42

427 Broadway Lynn — Photo 1 of 42

$959,999

Investment Analysis — 427 Broadway

Lynn, MA 01904 — East Lynn

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-unit multi-family in 01904 carries an estimated $8,110/mo in gross rent — about a 6.63% cap rate and $63,620/yr in estimated NOI at the $959,999 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

7

Baths

4

SqFt

3,755

Style

3 Family

Built

1903

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

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Open Houses

Property Details

Financials

Original Price$959,999
Annual Taxes$10,343

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms18
Fireplaces1
FlooringVinyl, Varies, Hardwood
BasementNone

Climate & Utilities

HeatingBaseboard
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBrick/Mortar
ZoningR1

Property & Lot

Acres0.17
SqFt Lot7,288
Lot FeaturesCorner Lot

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Property History

Listed
$959,999

Sep 9, 2026

MLS® 73574025

Terminated
$974,999

Aug 26, 2026

MLS® 73563999

Listed
$974,999

Aug 14, 2026

MLS® 73563999

Listing Provided By

Listing Agent: Salvador Rivas Hernandez

Listing Office: Skylimit Real Estate LLC

MLS® Number: 73574025