Active
77 Days on market
87 Broad St #3 Lynn — Photo 1 of 26

87 Broad St #3 Lynn — Photo 1 of 26

Recent Drop: $25,000

$449,900
$424,900

$424,900

87 Broad St #3, Lynn, MA 01902

Lynn, MA 01902

Beds

3

Baths

2

SqFt

1,244

Style

Condominium

Built

1900

Great value for a 3 bedroom in Lynn! Spacious, updated, and perfectly located — this 3-bedroom, 2 full bathroom top floor condo checks every box. With over 1,200 square feet of living space, high ceilings, and hardwood floors throughout, the layout feels open and inviting from the moment you arrive, and best of all there is no one above you to make noise. The kitchen has been thoughtfully updated with quartz countertops, upgraded cabinets, and modern appliances. Separate living and dining areas offer flexibility for any lifestyle, and a covered balcony extends your living space outdoors. Two assigned parking spaces and a shared yard add everyday practicality, while the pet-friendly association ensures the whole family is welcome. Set back from the road and nestled between a church and a school, you're less than half a mile to the beach, a block from the commuter rail to Boston, and within easy reach of great restaurants and shops. A rare find at this size and location.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$342/sqft
Local Avg (Lynn)$359/sqft
5% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Lynn, MA.

Property Details

Financials

Original Price$449,900
Annual Taxes$3,893
HOA Fee$315.7

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms6
FireplacesNone
FlooringTile, Hardwood
BasementY

Climate & Utilities

HeatingNatural Gas
CoolingWall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
Foundation--
ZoningR5

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • House of Worship • Public School

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenMaster BedroomBedroom 2Bedroom 3Bathroom 1Bathroom 2
Living Room
Lvl First

Flooring - Hardwood

Dining Room
Lvl First

Flooring - Hardwood

Kitchen
Lvl First

Flooring - Hardwood

Master Bedroom
Lvl First

Flooring - Hardwood

Bedroom 2
Lvl First
Bedroom 3
Lvl First

Flooring - Hardwood

Bathroom 1
Lvl First

Bathroom - Full, Bathroom - Tiled With Tub & Shower

Bathroom 2
Lvl First

Bathroom - With Shower Stall

Property History

Price Drop
$424,900

Was $429,900

Aug 20, 2026

MLS® 73541156

Price Drop
$429,900

Was $449,900

Jul 15, 2026

MLS® 73541156

Listed
$449,900

Jun 24, 2026

MLS® 73541156

Population

50,066

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

Median Household Income

$67K

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

Renter-Occupied Homes

63.1%

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)

Listing Provided By

Listing Agent: Bob Raiche

Listing Office: LAER Realty Partners

MLS® Number: 73541156

Browse More Homes in Lynn

Explore other active listings in the area.