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4-4A Broad, Lynn, MA, 01950

$995,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
5 Full Baths
4,089 SqFt
$243/SqFt
Multi

Location

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4-4A Broad, Lynn$995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive, Off Street, Leased, Paved
Garage2 spaces
Year Built1900
HeatingElectric
BasementYes
WaterfrontBeach, Ocean Front
MLS #73312289
Lot Size0.17 Acres
StatusActive

About 4-4A Broad

A few streets to the beach! 4-FAMILY plus SHOP in CARRIAGE HOUSE with endless possibilities! This 4-family + is located near King's Beach & Swampscott in the Diamond District. Newer roof, newer siding & many newer windows throughout. Property features sprinkler system for future condo readiness reduced insurance policy. Heating system for unit 1 is <10 years old, all other units have separate electric heat. Hot water is included in all rents. De-lead info available for Unit #1. All rents UNDER MARKET! Coin operated laundry in basement for tenants, garages rented at $150 monthly each & you still have 8 more parking spots for tenants! All tenants except Unit 3 are tenant-at-will, this property has potential to be very profitable, assessed at $ 1,149,000 priced to sell - incredible opportunity for savvy buyer City encourages development of ancillary structures (LOT over 7000 square feet) expand 5th unit, legal hobby-workshop, office/BUSINESS. Buyer completes independent due diligence.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 4,089 SqFt

Listing Office:

  • Office Name: Clarendon Companies Group
  • Office Phone: (617) 267-8000
  • Listing Agent: Clarendon Companies Group

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Waterfront: Beach, Ocean Front

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Paved Drive, Off Street, Leased, Paved

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Electric

Other

Directions Information:

  • Directions: OFFERS DUE by Tuesday, November 19, 2024 by 6:00 PM - Response 3:00PM November 20th. See Guidelines

Price Information

Listing Price Info

Price Summary:

  • List Price: $995,000
  • Price Per SqFt: $243/SqFt
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Housing Market Comparison

See how this home compares to others in Lynn, MA.

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Lynn, MA

City

Med. Sold Price

$570K

Med. Price/SqFt

$357

Avg. Days On Market

23

# of Sold Homes

43

4-4A Broad vs Lynn

3 DAYS ON ROCKET

-20 Days

$995,000

+$425K More

$243/SqFt

-$115 Less

KEY TAKEAWAY

This property is $425K more than the Median Sold Price and $115/SqFt less than other homes in Lynn, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73312289

Listing Office:

  • Office Name: Clarendon Companies Group
  • Office Phone: (617) 267-8000
  • Listing Agent: Clarendon Companies Group

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 8:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-384990
2
/10

  • Washington Elementary School

  • 58 Blossom St

  • 0.34 miles

  • Public District Grades PK-5

school-card-donut-384991
2
/10

  • Cobbet Elementary School

  • 40 Franklin St

  • 0.51 miles

  • Public District Grades KG-5

school-card-donut-384992
3
/10

  • E J Harrington

  • 21 Dexter St

  • 0.57 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,548. Residents of Lynn, MA typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Essex County›Lynn›01950›4-4A Broad

This home is located at 4-4A Broad in Lynn, MA and zip code 01950. This 4,089 square foot home, which was built in 1900, sits on a 0.17 acre lot. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $995,000.

While more than 27 listings in Lynn, MA in October 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 12 were sold below. The number of listings in Lynn, MA decreased by 1.1% between September 2024 and October 2024. Listings spent 23 days on the market in October 2024, and had a median list price of $570,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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