Pending
Under Agreement
303 Broadway
Lynn MA, 01904
$4,000,000
$319.28 per sqft
Pending
Under Agreement
29 Beds
17 Baths
12,528 sqft
Multi-family
Built in 1970
303 Broadway is a three-story brick building containing 17 units comprised of (12) 2-Bedroom/1-Bathroom units and (5) 1-Bedroom/1-Bathroom units. The Property also features storage in the basement for tenants, an on-site laundry facility, and parking for 17 vehicles. The Property is separately metered for electricity and gas fired heat (hot water baseboard) which the tenants pay, the Landlord pays for common area electric, hot water, and domestic water and sewer. In-place leases are significantly below market rates; the opportunity exists to upgrade the unrenovated unit interiors to drive rental rates in an urban-infill, high demand/supply-constrained residential market.
73269528
MLSⓇ ID
July 25, 2024
Listed
October 2, 2024
Updated
Map
303 Broadway
Lynn MA, 01904
Interior Features
Total Stories
3
Bedrooms
29
Total Bathrooms
17
Full Bathrooms
17
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.26 Acres
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Taxes
$34,602
Tax Frequency
Annually
Days on Market
15
Garage
No
Parking
Paved Drive, Off Street, Assigned
Parking Total
17
View
No
County
Essex
Water Source
Public
Pool
No
Zoning
BD
Listing History
Date | Event | Price |
|---|---|---|
8/9/2024 | Pending | — |
Courtesy of Dennis Kelleher, Horvath & Tremblay
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Data last updated 12:58 AM UTC, 10/2/2024
