Off Market
139 Franklin St, Lynn, MA
Lynn · MA 01902
- $1,950,000
- Price
- 16
- Beds
- 9
- Baths
- 7565
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
9 Units
Lot size:
2,823 Sq.Ft Lot
Price per square foot:
$258 / Sq.Ft
Parking:
No Parking
About this home
Investors will appreciate this 8% Cap Rate on current in place rents on day one of ownership. The attractive unit mix of eight (8) two-bedroom units and one (1) three-bedroom unit making this a rare find on the bedroom count. Tenants are responsible for their own separately metered heat and LL is responsible for hot water and common electric.137 Franklin is well-located near the intersection of Western Avenue and Franklin Street and is around the corner from Stop & Shop and multiple bus stops along Western Avenue. The Property is situated close to Downtown Lynn and walkable distance to laundromats, restaurants and amenities including Central Square, Commuter Rail, Bayridge Hospital, and North Shore Community College. This building is also available as a 2-building package as well, see MLS #73481300.
Neighborhood & Transit
139 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:
- 195 days
- Listing Price:
- $1,950,000
- Price per Sq.Ft:
- $258
- Tax Assessment:
- $1,777,300 in 2025
- Taxes:
- $1,534 / Monthly
Home Facts
Interior Features
- Bedrooms
- 16
- Full Bathrooms
- 9
- Half Bathrooms
- 0
- Living Area
- 7,565 Sq.Ft
- Broker Disclosure about Living Area
- 141-2 & 139-5 are vacant- can be rented or delivered vacant
- 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, Individually Metered, 400 Amps
Exterior Features
- Lot Size
- 2,823 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
- Sara Pouladian
- Listing office
- North Shore Realty Advisors
- MLS PIN #
- 73502738
- Disclosure
- Has 9 lead certificates
- Disclosure
- 141-2 & 139-5 are vacant- can be rented or delivered vacant