Active
24 Days on market
427 Broadway Lynn — Photo 1 of 42

427 Broadway Lynn — Photo 1 of 42

Recent Drop: $20,000

$959,999
$939,999

$939,999

427 Broadway, Lynn, MA 01904

Lynn, MA 01904 — East Lynn

Beds

7

Baths

4

SqFt

3,755

Style

3 Family

Built

1903

Price reduction! Rare Lynn 3-Family Opportunity Under 950K Near Wyoma Square! This exceptional multi-family property offers investors and owner-occupants an outstanding opportunity to own a sizable 3-unit property in a desirable Lynn location near Wyoma Square. The property features 7 bedrooms, 4 bathrooms, approximately 3,754 sq. ft. of living space, and a generous 7,287 sq. ft. lot, providing excellent space and flexibility for both investment and multi-generational living. The property offers three units with the potential to be delivered vacant, creating tremendous flexibility for an owner-occupant, investor, or buyer looking to reposition the property for maximum rental potential. Additional bonus rooms provide even more usable space and possibilities. With its substantial lot size, multiple units, and proximity to Wyoma Square, local shopping, restaurants, transportation, and major routes, this property presents an excellent opportunity to build equity in Lynn's competitive real estate market. Whether you're looking to expand your rental portfolio, house multiple generations, or occupy one unit while generating rental income from the others, 427 Broadway offers the size, location, and flexibility to make your investment goals a reality. Don't miss this opportunity!

Key facts

It was listed on September 9, 2026. The price has come down from an original $959,999 to $939,999, most recently on September 24, 2026. The annual property taxes are $10,343 (2026 tax year). It sits on a 0.17-acre (7,288 sq ft) lot.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$250/sqft
Local Avg (Lynn)$329/sqft
24% BelowMarket Average

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

Property Details

Financials

Original Price$959,999
Annual Taxes$10,343

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms18
Fireplaces1
FlooringVinyl, Varies, Hardwood
BasementNone

Climate & Utilities

HeatingBaseboard
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBrick/Mortar
ZoningR1

Property & Lot

Acres0.17
SqFt Lot7,288
Lot FeaturesCorner Lot

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Property History

Price Drop
$939,999

Was $959,999

Sep 24, 2026

MLS® 73574025

Listed
$959,999

Sep 9, 2026

MLS® 73574025

Terminated
$974,999

Aug 26, 2026

MLS® 73563999

Listed
$974,999

Aug 14, 2026

MLS® 73563999

Questions about this home

When was 427 Broadway, Lynn listed?

427 Broadway, Lynn was listed on September 9, 2026.

Has the price of 427 Broadway, Lynn changed?

The price has come down from an original $959,999 to $939,999, most recently on September 24, 2026.

What are the property taxes for 427 Broadway, Lynn?

The annual property taxes for 427 Broadway, Lynn are $10,343 (2026 tax year).

How big is the lot at 427 Broadway, Lynn?

427 Broadway, Lynn sits on a 0.17-acre (7,288 sq ft) lot.

What is the status of 427 Broadway, Lynn?

427 Broadway, Lynn is actively listed for sale.

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

1,060 housing units permitted in the last 12 months (-11% vs the prior 12 months) — 603 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Salvador Rivas Hernandez

Listing Office: Skylimit Real Estate LLC

MLS® Number: 73574025