Active Under Contract
102 Days on market
87 Broad St #3 Lynn — Photo 1 of 26

87 Broad St #3 Lynn — Photo 1 of 26

Recent Drop: $5,000

$424,900
$419,900

$419,900

87 Broad St #3, Lynn, MA 01902

Lynn, MA 01902

Beds

3

Baths

2

SqFt

1,244

Style

Condominium

Built

1900

Great value for a 3 bedroom, 2 full bathroom, pet friendly condo in Lynn with 2 assigned parking spaces! Spacious, updated, and perfectly located — this 3-bedroom, top floor condo checks every box. With over 1,200 square feet of living space, high ceilings, and hardwood floors throughout, the layout feels open and inviting from the moment you arrive, and best of all there is no one above you to make noise. The kitchen has been thoughtfully updated with quartz countertops, upgraded cabinets, and modern appliances. Separate living and dining areas offer flexibility for any lifestyle, and a covered balcony and shared yard extend your living space outdoors. Two assigned parking spaces add everyday practicality, while the pet-friendly association ensures the whole family is welcome. Set back from the road and nestled between a church and a school, you're less than half a mile to the beach, a block from the commuter rail to Boston, and within easy reach of great restaurants and shops. A rare find at this size and location.

Key facts

It was listed on June 24, 2026. The price has come down from an original $449,900 to $419,900 across 3 changes, most recently on September 16, 2026. The annual property taxes are $3,893 (2025 tax year). The condo fee is $316 per month, which includes water.

No longer available to tour

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$338/sqft
Local Avg (Lynn)$358/sqft
6% BelowMarket Average

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

Property Details

Financials

Original Price$449,900
Annual Taxes$3,893
HOA Fee$315.7

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms6
FireplacesNone
FlooringTile, Hardwood
BasementY

Climate & Utilities

HeatingNatural Gas
CoolingWall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
Foundation--
ZoningR5

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • House of Worship • Public School

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bedroom 3Bathroom 1Bathroom 2
Living Room
Lvl First

Flooring - Hardwood

Dining Room
Lvl First

Flooring - Hardwood

Kitchen
Lvl First

Flooring - Hardwood

Primary Bedroom
Lvl First

Flooring - Hardwood

Bedroom 2
Lvl First
Bedroom 3
Lvl First

Flooring - Hardwood

Bathroom 1
Lvl First

Bathroom - Full, Bathroom - Tiled With Tub & Shower

Bathroom 2
Lvl First

Bathroom - With Shower Stall

Property History

Price Drop
$419,900

Was $424,900

Sep 17, 2026

MLS® 73541156

Price Drop
$424,900

Was $429,900

Aug 20, 2026

MLS® 73541156

Price Drop
$429,900

Was $449,900

Jul 15, 2026

MLS® 73541156

Listed
$449,900

Jun 24, 2026

MLS® 73541156

Questions about this home

When was 87 Broad St #3, Lynn listed?

87 Broad St #3, Lynn was listed on June 24, 2026.

Has the price of 87 Broad St #3, Lynn changed?

The price has come down from an original $449,900 to $419,900 across 3 changes, most recently on September 16, 2026.

What are the property taxes for 87 Broad St #3, Lynn?

The annual property taxes for 87 Broad St #3, Lynn are $3,893 (2025 tax year).

What is the condo fee at 87 Broad St #3, Lynn?

The condo fee is $316 per month, which includes water.

What is the status of 87 Broad St #3, Lynn?

87 Broad St #3, Lynn is under contract, and the MLS still lists it as active.

Population

50,066

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$67K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

63.1%

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: Bob Raiche

Listing Office: LAER Realty Partners

MLS® Number: 73541156