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4 Broad St

Lynn MA 01902

9
5
8
4089 sq. ft.
7298 sq. ft.
Other
Currently for sale - view listing

Overview

This investment checks off all of the boxes: Recently remodelled and ready to rent to your own hand picked tenants now for great income, and also build out a protected ADU in the separate carriage house for an additional unit. Ample parking (8 spaces), vinyl siding, fresh paint, new carpet and luxury vinyl tile. Sprinkler system installed for reduced insurance rates. Potential of $13-14,000 total monthly income including the ADU, and $11-11,500 in current state. Coin operated laundry in basement for even more income. Currently only one tenant occupying a second floor one bedroom unit, as the owner left the others vacant to renovate and allow the new owner to hand pick their own tenants. Great location, close to beach, bus line to Boston on street. Easy to show, but shown by appointment only to allow investors ample time to focus on this opportunity.

Features

9 bedrooms
5 bathrooms
8 carspaces
8 open car spaces
4089 sq. ft. floor area
7298 sq. ft. lot size
Other

Property history for 4 Broad St

2018
Sold
$665,000
14 May 2018 by Peggy Pratt, of Century 21 North East
2004
Sold
$530,000
21 May 2004 by Stephen Roberts, of Century 21 Hughes

Happy sellers in Lynn

~%

We have insufficient information to provide an overview of customer satisfaction for Lynn. Viewing the agent profiles, reviews and sales for Lynn can provide insights for this location.

Local market activity for 9 bedroom other properties in Lynn

In the last 12 months, 6 nine-bedroom other properties similar to 4 Broad St, have been sold.

This represents a 15% increase in nine-bedroom other properties sales when compared to the previous 12 months.

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