55 Broad Street
55 Broad Street

55 Broad StreetLynn, Massachusetts

18 baths14226 sqft
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$ 4,100,000
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Marcio Vasconcelos
Marcio Vasconcelos
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Description of 55 Broad Street

55 Broad Street in Lynn, Massachusetts is a brick garden-style apartment building built in 1974 and consists of 18 units, 20 surface parking with on-site laundry facility. The property boasts an attractive unit-mix which consists of one (1) Studio, eleven (11) one-bedroom units and six (6) two-bedroom units. The total rentable square footage is 14,226 with a total gross square footage of 15,393 and situated on a tree lined corner lot of .36 acres (15,582 square feet). 55 Broad offers investors a strong rental history and the opportunity to bring undervalued rents to market through strategic renovations of the apartments. The current ownership has completed many capital improvements, such as replacement of high-efficient dual boilers and storage tank, varying unit renovations, parking lot retaining wall and repaving/striping, replacement of 75% of patio sliders and rear entrance stairs.
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Details

Property Type

Multi-Family

Lot/Acreage

0.36

Year Built

1974

Zip Code

01902

County

Essex

MLS

#73185432

Interior

Master Bath

No

Basement

No

Exterior

Road Type

Public

Cash Offer

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Frequently Asked Questions for 55 Broad Street, Lynn, MA 01902

How many photos are available for this home?

For this home, we provide a comprehensive gallery featuring 31 high-quality images, showcasing every aspect of the property to give you a detailed perspective.

How much is this home worth?

Based on Home Shift Team data, we estimate the value of the home to be $4,100,000. Determining the worth of a home involves various factors such as location, size, amenities, and market conditions. To provide an accurate estimate, we conduct a thorough analysis tailored to the unique attributes of 55 Broad Street, Lynn, MA 01902.

How many bathrooms does 55 Broad Street, Lynn, MA 01902 have?

With 18 well-appointed bathrooms, 55 Broad Street, Lynn, MA 01902 offers convenience and luxury, catering to the needs of occupants and guests alike.

When was this home built?

Constructed in 1974, this home blends timeless architecture with modern amenities, embodying quality craftsmanship and enduring appeal.

What’s the full address of this home?

The full address for this home is 55 Broad Street, Lynn, MA 01902

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