Off Market
108 Franklin St, Lynn, MA
Lynn · MA 01902
- $7,500,000
- Price
- 55
- Beds
- 30
- Baths
- 23316
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1960
Units:
30 Units
Lot size:
0.5 Acre Lot
Price per square foot:
$322 / Sq.Ft
Parking:
32 Off Street Spaces
About this home
108 Franklin St contains thirty (30) total units comprised of twenty-five (25) 2-Bedroom/1-Bathroom units, four (4) 1-Bedroom/1-Bathroom units, and one (1) Studio unit. The Property is situated upon a 0.50-acre parcel and offers ample parking with thirty-two (32) spaces available via a large parking lot to the front of The Property. The Property is separately metered for electricity, which tenants pay directly. The Landlord is responsible for gas powered hot water and heat, common area electricity, and city water and sewer. The Property is strategically located near downtown Lynn, offering excellent visibility and accessibility within one of the North Shore?s most dynamic urban centers. In-place rents are below the current market rates; the opportunity exists to continue to upgrade unit interiors and common areas to drive rental rates in an urban-infill, high demand/supply constrained residential market.
Neighborhood & Transit
108 Franklin St, Lynn · MA 01902
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 302 days
- Listing Price:
- $7,500,000
- Price per Sq.Ft:
- $322
- Tax Assessment:
- $5,737,800 in 25
- Taxes:
- $4,954 / Monthly
Home Facts
Interior Features
- Bedrooms
- 55
- Full Bathrooms
- 30
- Half Bathrooms
- 0
- Living Area
- 23,316 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 23316
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Individually Metered
Exterior Features
- Lot Size
- 21,780 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 32 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Brick
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Stephen Girolamo
- Listing office
- Horvath & Tremblay
- MLS PIN #
- 73451577
- Disclosure
- Total Monthly Rent is $57,525 - $32,767 is the maximum input allowed by MLS.