Sold
31 Franklin St, Lynn, MA
Lynn · MA 01902
- $3,525,000
- Price
- 18
- Beds
- 18
- Baths
- 11316
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1970
Units:
18 Units
Lot size:
0.27 Acre Lot
Price per square foot:
$336 / Sq.Ft
Parking:
18 Off Street Spaces
About this home
31 Franklin Street contains eighteen 1-Bedroom/1-Bathroom units. The well-maintained Property features an on-site laundry facility, storage units and eighteen on-site parking spaces. In-place leases are significantly below market rates; the opportunity exists to upgrade the unrenovated unit interiors to drive rental rates in an urban-infill, high demand/supply constrained residential market. The Property is well-located along Franklin Street and is 0.1-miles from Market Street and 0.3-miles from Western Avenue. The Property is situated along the edge of Downtown Lynn and is walkable to numerous dining, drinking, shopping, cultural and entertainment amenities including Central Square, BayRidge Hospital, North Shore Community College, and Lynn Beach.
Neighborhood & Transit
31 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:
- 881 days
- Listing Price:
- $3,800,000
- Price per Sq.Ft:
- $336
- Tax Assessment:
- $3,294,400 in 24
- Taxes:
- $2,891 / Monthly
Home Facts
Interior Features
- Bedrooms
- 18
- Full Bathrooms
- 18
- Half Bathrooms
- 0
- Living Area
- 11,316 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 11316
- 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
- 11,761 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 18 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Dennis Kelleher
- Listing office
- Horvath & Tremblay
- MLS PIN #
- 73247670