Active
1 Days on market

$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!

Open Houses

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$321/sqft
Local Avg (Lynn)$357/sqft
10% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Lynn, MA.

Property Details

Financials

Original Price$825,000
Annual Taxes$7,529

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms11
FireplacesNone
FlooringVaries, Hardwood
BasementNone

Climate & Utilities

HeatingElectric, Central
CoolingWindow Unit(s), Central Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBrick/Mortar
ZoningR1

Property & Lot

Acres0.14
SqFt Lot5,981
Lot Features--

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 Provided By

Listing Agent: Salvador Rivas Hernandez

Listing Office: Skylimit Real Estate LLC

MLS® Number: 73574144

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