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$1,875,000
19 Beds
9 Baths9 full baths
7,565sqft
137 Franklin Street, Lynn, MA 01902
$1,875,000
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Multi Family
Built in 1900
$-- HOA
-- sqft lot
$248/sq.ft
Description
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.
- Houzeo last checked: 1 hour ago
- Listing updated: July 28, 2026 at 1:09 am
- Listing Provided by: Dan Pouladian (617) 548-7737 | North Shore Realty Advisors (617) 548-7737
- Source: MLS Property Information Network-MA | MLS#: 73538118
Property Details
Status
Pending
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
7,565 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
MLS Property Information Network
MLS Number
73538118
MLS Status
Under Agreement
Days on Market
68
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services, Consumer Protection Notice.
§ 442‑H New York Standard Operating Procedure.
New York State Fair Housing Notice.
