$749,900
About this home
Rare opportunity to acquire a stabilized mixed-use income property with long-term commercial tenancy, residential income and off-street parking, conveniently located near Lynn’s Diamond District, Lynn Shore Drive and Lynn Beach. The first floor is occupied by a convenience store paying $3,000/month with a 10-year lease and 5-year option, while the second-floor 3-bedroom, 1-bath residential unit rents for $2,900/month. The property also offers 4 off-street parking spaces, a full basement and convenient access to public transportation, including MBTA bus service and the Lynn commuter rail station, as well as shopping, parks and major routes. Ideal for an investor seeking established income or a future owner-occupant. The residential unit is currently occupied by a tenant at will. The neighboring 47 Broad Street is also available separately for $1,249,900, offering three 3-bedroom, 1-bath units, all currently occupied by tenants at will at $3,200/month each, plus 6 off-street parking spaces. Property sold as-is; buyer/buyer’s agent to perform due diligence.
Property details
- MLS #
- 73585148
- Property type
- 2 Family - 2 Units Up/Down
- Subdivision
- N/A
- Status
- Active
- Days on market
- 1
- On market date
- October 1, 2026
- Stories
- 2
- Total bathrooms
- 1.5
- Garage spaces
- N/A
- Parking spaces
- 4
- Lot size
- 0.11 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 637
- Student:teacher ratio
- 11.6:1
- District
- Lynn
- Enrollment
- 1,275
- Student:teacher ratio
- 13.6:1
- District
- Lynn
- Enrollment
- 90
- Student:teacher ratio
- 3.5:1
- District
- Lynn
Walkability
Blended score for Lynn's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Lynn, from live MLS data.
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 14 hr ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.