303 Broadway, Lynn, MA 01904

1 of 15

MultifamilyPending

$4,000,000

303 Broadway

Lynn, MA 01904

Courtesy of Horvath & Tremblay - null null

MLS Property Information Network

29Beds

17Baths

12,528Sq Ft

Est. Mortgage

$20,747/mo

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.

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Information courtesy of Horvath & Tremblay is subject to verification and is not guaranteed.

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