303 Broadway Lynn, MA 01904
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyEssex
- Taxes$34,602
- HOA/Condo/Coop Fees$0
- Days on Site1 Day
- MLS StatusActive
- MLS ID Number73269528
- Home Size Source Public Records
- Year Built1970
- Lot Size0.26 Acres
- Full Baths17
- Partial BathsN/A
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General Features
- Parking Paved DriveOff StreetAssigned
- Parking Spaces 17
- Sewer Public Sewer
- Number of Stories 3
- Acreage 0.26
- Water Public
- Property Sub Type Multi Family
- Garage Spaces 0
- Foundation Brick/Mortar
- Zoning BD
- Buyer Agent Compensation 2
- Compensation Based On Net Sale Price
- Sub-Agency Relationship Offered No
- Garage 0
- Parking Features Paved DriveOff StreetAssigned
- Electricity Individually Metered
Interior Features
- Fireplaces 0
- Fireplace No
Exterior Features
- Roof Shingle
- Spa No
- Waterfront Property No
Community Features
- Community Features Public TransportationShoppingTennis Court(s)ParkGolfMedical FacilityLaundromatConservation AreaHighway AccessHouse of WorshipPrivate SchoolPublic School
- Senior Community No
- Adult Care Community No