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87 Broad St # 3, Lynn MA 01902

Lynn, MA 01902
$449,900
$429,900
Est. $3,014/month
3
Beds
2
Baths
1,244
Sq Ft
$346
Price/Sq Ft
1900
Year Built
2
Parking
20
Days on Market
Active Price Drop -$20,000 Open House Listed Jun 24, 2026 • MLS# 73541156 Copied! • Updated Jul 14, 2026

Open House Schedule

18
Jul
Saturday, July 18
11:30 AM - 1:00 PM EDT

About this home

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. 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. Setback from the road and nestled between a church and a school, you're less than half a mile to the beach, minutes from the commuter rail to Boston, and within easy reach of great restaurants and shops. A rare find at this size and location.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
4.4%
Price Range

Property Timeline

Price Reduced
Jul 15, 2026
$429,900 $20,000 (-4.45%)
From $449,900 to $429,900 (-4.5%)
👁️
Showing Instructions Updated
Jun 25, 2026
New showing requirements
🏠
Listed for Sale
Jun 24, 2026
$449,900
Original listing
Agent: Bob Raiche Office: LAER Realty Partners

Tax History

Year Taxes Assessment
2025 $3,893 $375,800

Financial Details

Annual Property Tax
$3,893
Tax Year 2025
HOA Fee
$316
Monthly
Assessed Value
$375,800

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 1,244 sq ft
Bedrooms 3
Full Baths 2
Total Rooms 6

Interior

Heating Natural Gas
Cooling Wall Unit(s)
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry In Basement, In Building
Features None

Exterior

Construction Frame
Architecture None
Roof Rubber
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street, Assigned
Total Spaces 2
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $3,893
Assessed Value $375,800

HOA & Community

HOA Fee $316 Monthly
Fee Includes Water, Sewer, Insurance, Reserve Funds
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures Intercom Does Not Work. The Water Is Not Hooked Up To The Refrigerator, But It Has An Ice-maker. The Complex Has 5 Units Total And Is Registered Land. This Unit Is At #87 Broad, The Building Set Back From The Street. Buyer Or Buyers Agent To Perform Due Diligence. Parking Spots 5 & 6.
Exclusions Window Air Conditioners. Personal Belongings. Wall Mount In Bedroom Stays. Tv Is Personal Property.
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 3
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 20 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
3
Full Bathrooms
2
Living Area
1,244 sq ft
Total Rooms
6
Stories
1
Entry Level
3

Room Details

First Floor

Bathroom1
Bathroom - Full, Bathroom - Tiled With Tub & Shower
Bedroom3
Flooring - Hardwood
Dining Room
Flooring - Hardwood
Kitchen
Flooring - Hardwood
Bathroom2
Bathroom - With Shower Stall
Bedroom2
Flooring - Hardwood
Living Room
Flooring - Hardwood
Master Bedroom
Flooring - Hardwood

Other Floor

Bedroom5
Bedroom4
Bathroom3
Office
Family Room
Master Bathroom

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: In Basement, In Building
Security:

Construction & Materials

Year Built: 1900
Structure Type: Garden
Exterior Materials: Frame
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Natural Gas
Heating Zones: 1
Cooling: Wall Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Assigned
School District
Lynn School District local
D
School Safety 2024-25
3.5% Above Average
3.0% Suspensions 0.3% In-School 0.1% Expulsions 0.4% Emergency
2.0% below state avg
E

Elementary Schools

10 schools
B-
KIPP Academy Lynn Charter School
0.6 mi | #197 of 346 | Score: 51.6
Improved 64 spots from last year
-6.6 below state avg
1,637 students Moderate
High Graduation Rate Rising School College Ready Curriculum
Grades K-12
C-
Lynn Vocational Technical Institute
0.9 mi | #284 of 346 | Score: 42.8
Improved 50 spots from last year
-15.5 below state avg
1,584 students Moderate
Early College Program Rising School Career Tech Programs
Grades PK-12
The Hathaway School
1.0 mi
Grades PK-08
St. Pius V Elementary School
1.2 mi
Grades PK-08
Sacred Heart Elementary School
1.8 mi
Grades PK-08
North Shore Christian School
1.8 mi
Grades PK-08
TEAMS Academy at Virginia Barton Center
2.6 mi
Grades PK-12
C-
E. J. Harrington Elementary School
< 0.1 mi | #717 of 824 | Score: 34.2
Improved 76 spots from last year
-24 below state avg
687 students Moderate
Rising School
Grades PK-05
C-
Brickett Elementary School
0.4 mi | #688 of 824 | Score: 36.3
Improved 101 spots from last year
-21.9 below state avg
318 students Moderate
Rising School
Grades K-05
C-
Ingalls School
0.6 mi | #673 of 824 | Score: 37.3
Improved 125 spots from last year
-20.9 below state avg
719 students Moderate
Rising School
Grades K-05
M

Middle Schools

2 schools
C-
Thurgood Marshall Middle School
0.6 mi | #311 of 352 | Score: 30.5
Improved 40 spots from last year
-27.7 below state avg
1,310 students Moderate
Rising School
Grades 06-08
C+
Pickering Middle School
1.9 mi | #226 of 352 | Score: 38.6
Improved 81 spots from last year
-19.6 below state avg
583 students Diverse
Rising School
Grades 06-08
H

High Schools

6 schools
B
Fredrick Douglass Collegiate Academy
0.3 mi | #12 of 25 | Score: 33.4
Improved 330 spots from last year
-24.8 below state avg
235 students Moderate
Early College Program Rising School
Grades 06-12
St. Mary's High School
0.6 mi
Grades 07-12
City Arts & Sciences Academy at Fecteau-Leary
0.8 mi
Grades 06-12
B-
Harold Durgin Success Academy
0.8 mi | #16 of 25 | Score: 30.4
Improved 329 spots from last year
-27.8 below state avg
94 students Diverse
Rising School Career Tech Programs
Grades 09-12
D
Lynn English High School
0.9 mi | #318 of 346 | Score: 33.5
Improved 37 spots from last year
-24.8 below state avg
2,062 students Moderate
18 sports • 1,425 athletes
Early College Program Rising School Career Tech Programs Strong Athletics
Grades 09-12
C-
Classical High School
2.4 mi | #302 of 346 | Score: 37.9
Improved 51 spots from last year
-20.3 below state avg
1,795 students Moderate
Early College Program Rising School Career Tech Programs
Grades 09-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $324
Homeowners Insurance $200
HOA Fee $316/mo
PMI (if <20% down) $0

Loan Summary

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Payment Over Time

Interest
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Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location

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Neighborhood

87 Broad St # 3, Lynn MA 01902

Lynn, MA 01902

Listing Information

Listing Agent Bob Raiche
Listing Office LAER Realty Partners
Office Phone 978-777-5509
Agent MLS ID CN206418
Office MLS ID AN1202
Listing Data Updated Jul 14, 2026 8:38 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steven Novak
BMN Boston Real Estate
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BMN Boston Real Estate

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