303 Broadway Lynn, MA 01904
Listing Courtesy of: MLS PIN / Horvath & Tremblay / Dennis Kelleher

  303 Broadway Lynn, MA 01904

Pending (15 Days)
$4,000,000
29
BED
17
BATH
12,528
SQFT
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Description

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.

MLS #:
73269528
Taxes
$34,602(2024)
Lot Size
0.26 acres
Type
Multifamily
Year Built
1970
County
Essex County

Listed By

Dennis Kelleher, Horvath & Tremblay
Source
MLS PIN
Last checked Oct 18 2024 at 5:09 AM EDT
Bathroom Details
Property Features
  • Fireplace: 0
  • Foundation: Brick/Mortar
Exterior Features
  • Roof: Shingle
Utility Information
  • Utilities: Water: Public
  • Sewer: Public Sewer
Parking
  • Assigned
  • Paved Drive
  • Total: 17
  • Off Street
Stories
  • 3
Living Area
  • 12,528 sqft
Location
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Estimated Monthly Mortgage Payment

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Disclaimer: The property listing data and information, or the Images, set forth herein wereprovided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein. © 2024 MLS Property Information Network, Inc.. 10/17/24 22:09
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