431 Broadway Lynn — Photo 1 of 37
$825,000
Investment Analysis — 431 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 2-unit multi-family in 01904 carries an estimated $5,640/mo in gross rent — about a 5.32% cap rate and $43,908/yr in estimated NOI at the $825,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2
SqFt
2,574
Style
2 Family - 2 Units Up/Down
Built
1920
Great opportunity to own a spacious 2-family home near Lynn’s desirable Wyoma Square area! This multi-family property offers a total of 5 bedrooms and 2 full bathrooms, providing an excellent opportunity for an owner-occupant, investor, or buyer looking to build long-term equity. With generous living space across both units, the property offers flexibility for extended family living or rental income. Property can potentially be delivered vacant, giving the next owner the ability to select their own tenants, establish current market rents, or occupy one unit while renting the other to help offset the mortgage. Conveniently situated near Wyoma Square, with easy access to local shops, restaurants, schools, public transportation, and major routes for commuting. Whether you're looking to add a multi-family property to your investment portfolio or take advantage of the benefits of owner-occupied multi-family living, This home offers plenty of potential in a convenient Lynn location. Don't miss the opportunity to make this 2-family property your own!
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 MLS and other third-party data may be inaccurate or out of date.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.
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Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility
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Listing Agent: Salvador Rivas Hernandez
Listing Office: Skylimit Real Estate LLC
MLS® Number: 73574144
