Off Market
136-141A Franklin St, Lynn, MA
Lynn · MA 01902
- $4,050,000
- Price
- 33
- Beds
- 17
- Baths
- 14637
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1988
Units:
17 Units
Lot size:
0.24 Acre Lot
Price per square foot:
$277 / Sq.Ft
Parking:
7 Off Street Spaces
About this home
7.5% CAP RATE on this 17-unit multifamily investment opportunity in the heart of Downtown Lynn. Spanning two well-maintained, three-story buildings directly across from one another, the property offers 14,637? square feet of living area and 19,702? square feet of total gross area. The asset features a highly desirable and balanced unit mix consisting of four (4) one-bedroom units, ten (10) two-bedroom units (including two townhome-style layouts), and two (2) townhome-style three-bedroom units and one (1) single-level three-bedroom unit, appealing to a broad tenant base and supporting long-term occupancy stability. Tenants are responsible for separately metered utilities which include heat and electric. Complemented by seven (7) off-street parking spaces, laundry hookups, and storage spaces for additional future revenue. This offering presents investors with a rare opportunity to acquire critical mass in a growing downtown location with strong fundamentals and upside potential.
Neighborhood & Transit
136-141A 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:
- 247 days
- Listing Price:
- $4,050,000
- Price per Sq.Ft:
- $277
- Tax Assessment:
- $9,999 in 2025
- Taxes:
- $2,957 / Monthly
Home Facts
Interior Features
- Bedrooms
- 33
- Full Bathrooms
- 17
- Half Bathrooms
- 0
- Living Area
- 14,637 Sq.Ft
- Broker Disclosure about Living Area
- This is a 2 property package, across the street from each other.136-140 & 137-141A Franklin
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 14637
- Flooring
- Unknown
- Lead paint
- Certified Treated
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 10,302 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 7 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Sara Pouladian
- Listing office
- North Shore Realty Advisors
- MLS PIN #
- 73481300
- Disclosure
- This is a 2 property package, across the street from each other.136-140 & 137-141A Franklin