137 Franklin St | Image 1
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$2,075,000

For Sale

11 hours ago

137 Franklin St, Lynn, MA

House

MLS® 73502738

16 Bed

9 Bath

7565 sqft

0

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 7565 sqft
Garage 
Taxes $18,413
Days Active 0
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $274
MLS® Number 73502738

Property Address: 137 Franklin St, Lynn, MA, 01902

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

Description

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.
MLS® Number73502738
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
BasementFull
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 16, 2026List Date
$2,075,000List Price
  • Commute

Commute

Starting Address
Destination Address
137 Franklin St, Lynn, MA

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