Sold
137 Franklin St, Lynn, MA
Lynn · MA 01902
- $1,925,000
- Price
- 19
- Beds
- 9
- Baths
- 7565
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
9 Units
Price per square foot:
$248 / Sq.Ft
Parking:
No Parking
About this home
Investors take notice 8.5% Cap Rate! Clean 9-Unit Multi-Family with eight (8) two-bedroom units and one (1) three-bedroom units which all have lead compliance letters in hand. The building has updated electrical with 400amp service, plumbing upgrades, and unit renovations. There is still opportunity to increase rents for future upside in this rare opportunity. This three-story building offers 7,565± square feet of living area and 10,262± square feet of total gross area. The tenants are responsible for their own separately metered heat and electric, as landlord pays hot water and common electric.
Neighborhood & Transit
137 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:
- 139 days
- Listing Price:
- $1,875,000
- Price per Sq.Ft:
- $248
- Tax Assessment:
- $1,777,300 in 2026
- Taxes:
- $1,534 / Monthly
Home Facts
Interior Features
- Bedrooms
- 19
- Full Bathrooms
- 9
- Half Bathrooms
- 0
- Living Area
- 7,565 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 7565
- Flooring
- Unknown
- Lead paint
- Certified Treated
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Circuit Breakers, 400 Amps
Exterior Features
- Lot Size
- 0 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
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
- Dan Pouladian
- Listing office
- North Shore Realty Advisors
- MLS PIN #
- 73538118