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Listed price in listed location currency (USD).
$4,050,000

33177

MLS® 73481300

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 14637 sqft
Garage No
Taxes $35,484
Days Active 1
Lot Size 0.24 acres
Approx. Age 1988
Avg. Price Per Sqft $276
MLS® Number 73481300

Property Address: 136-141A Franklin St, Lynn, MA, 01902-4139

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number73481300
Laundry Level
Central VacNo
FireplaceNo
Acreage0.24
Exterior
GarageNo
Approx. Age1988
BasementFull
DrivewayPaved Drive, Off Street, On Street
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 2, 2026List Date
$4,050,000List Price
  • Commute

Commute

Starting Address
Destination Address
136-141A Franklin St, Lynn, MA

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