$825,000
431 Broadway, Lynn, MA 01904
Lynn, MA 01904 — East Lynn
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!
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Market Value Analysis
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Lynn, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility
Geography
Population
21,003
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$100K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
17.6%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Essex County
992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Salvador Rivas Hernandez
Listing Office: Skylimit Real Estate LLC
MLS® Number: 73574144
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