Active
501 Days on market
344 Broadway Lynnfield — Photo 1 of 23

344 Broadway Lynnfield — Photo 1 of 23

Recent Drop: $89,888

$1,199,888
$1,110,000

$1,110,000

344 Broadway, Lynnfield, MA 01940

Lynnfield, MA 01940

Beds

3

Baths

1

SqFt

1,546

Style

Single Family

Built

1934

Unique property located on route 1 south bound. 210 ' of frontage right on route 1 consists of single family all brick dwelling and a building/greenhouse that once housed a florist. .Fantastic visibility! Thousands of vehicles passing by daily ! Opportunity knocks for certain businesses such as home office, garden, nurseries, child care, education, non profit, religious etc. The property can be rented out to 2 DIFFERENT TENANTS The tenant for the house can be different from the tenant for the building The use is to be approved by town for renting the building Buyer/buyer's agent to perform your own due diligence. Interior access to property only to serious buyers. Title V to be requested upon written offer if applicable. The house needs some TLC and the building/greenhouse is in dis- repair. Single family house is approx 1546 sq ft and building/greenhouse is approx 2000 sq ft.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$718/sqft
Local Avg (Lynnfield)$444/sqft
62% AboveMarket Average

* Analysis is based on 19 actively listed and recently sold comparable properties strictly within Lynnfield, MA.

Property Details

Financials

Original Price$1,199,888
Annual Taxes$16,195.59

Parking

Garage1
Off-Street9

Interior Specifications

Total Rooms6
Fireplaces1
Flooring--
BasementFull

Climate & Utilities

HeatingBaseboard, Oil
CoolingCentral Air
WaterPublic
SewerPrivate Sewer

Building & Exterior

Construction--
RoofShingle
FoundationConcrete Perimeter
ZoningLB

Property & Lot

Acres0.57
SqFt Lot25,001
Lot FeaturesCorner Lot

Amenities & Appliances

Water Heater • Range • Refrigerator • Washer • Dryer

Neighborhood

Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat • Conservation Area

Geography

Floorplan Breakdown

Structural Layout

First
KitchenMaster BedroomBedroom 2Bedroom 3
Main,First
Living Room
Living Room
Lvl Main,First
Kitchen
Lvl First
Master Bedroom
Lvl First

Closet, Flooring - Hardwood

Bedroom 2
Lvl First
Bedroom 3
Lvl First

Closet, Flooring - Hardwood

Property History

Price Drop
$1,110,000

Was $1,199,888

May 6, 2026

MLS® 73365155

Listed
$1,199,888

Apr 26, 2025

MLS® 73365155

Listed
$1,110,000

Apr 11, 2025

MLS® 73358896

Population

13,285

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$173K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

12.3%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 773 sq ft (the lesser of 900 sq ft or half the 1,546 sq ft principal dwelling). Lot size: 25,001 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Listing Provided By

Listing Agent: Julie Tsakirgis Group

Listing Office: RE/MAX Property Shoppe, Inc.

MLS® Number: 73365155

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