Active
494 Days on market
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)$452/sqft
59% AboveMarket Average
* Analysis is based on 18 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,FirstKitchen
Lvl FirstMaster Bedroom
Lvl FirstCloset, Flooring - Hardwood
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstCloset, 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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