136-141A Franklin StreetLynn, MA 01902MLS Number 73481300

  • Price: $4,050,000
  • Est. Mortgage of $/month
  • 74 Days on Market
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Federal 30-year interest rate: 6.37% last updated on May 7, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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Under Agreement
136-141A Franklin Street Lynn MA 01902136-141A Franklin Street Lynn MA 01902136-141A Franklin Street Lynn MA 01902136-141A Franklin Street Lynn MA 01902136-141A Franklin Street Lynn MA 01902136-141A Franklin Street Lynn MA 01902136-141A Franklin Street Lynn MA 01902136-141A Franklin Street Lynn MA 01902136-141A Franklin Street Lynn MA 01902136-141A Franklin Street Lynn MA 01902136-141A Franklin Street Lynn MA 01902136-141A Franklin Street Lynn MA 01902136-141A Franklin Street Lynn MA 01902136-141A Franklin Street Lynn MA 01902136-141A Franklin Street Lynn MA 01902136-141A Franklin Street Lynn MA 01902136-141A Franklin Street Lynn MA 01902136-141A Franklin Street Lynn MA 01902136-141A Franklin Street Lynn MA 01902136-141A Franklin Street Lynn MA 01902136-141A Franklin Street Lynn MA 01902136-141A Franklin Street Lynn MA 01902136-141A Franklin Street Lynn MA 01902136-141A Franklin Street Lynn MA 01902136-141A Franklin Street Lynn MA 01902136-141A Franklin Street Lynn MA 01902136-141A Franklin Street Lynn MA 01902136-141A Franklin Street Lynn MA 01902136-141A Franklin Street Lynn MA 01902136-141A Franklin Street Lynn MA 01902136-141A Franklin Street Lynn MA 01902136-141A Franklin Street Lynn MA 01902136-141A Franklin Street Lynn MA 01902
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  • 33Bedrooms
  • 0.24Acreage
  • 17Bathrooms
  • 1988Year Built

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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.
Listed by Sara Pouladian of North Shore Realty Advisors

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More Info

Basic Information

  • Gross Income $447,780
  • Mls StatusUnder Agreement

Rooms

  • Bathroom17
  • Bathrooms Total Decimal 17
  • Bedrooms33
  • Full Bath17

Building

  • BasementFull
  • Building Area Units Square Feet
  • FoundationConcrete Perimeter, Stone
  • Foundation Area 9999
  • Levels 3
  • Rooms67
  • Stories3
  • Units17
  • Year Built1988
  • Year Built Details Actual
  • Year Built Source Public Records

Tax Information

  • Tax Assessed Value $9,999
  • Tax Year 2025
  • Taxes$35,484

Basic Information

  • List Price$4,050,000
  • MLS Number73481300
  • Modification Date05/09/2026
  • Property SubType5+ Family - 5+ Units Up/Down
  • Purchase Contract Date05/09/2026

Property

  • Acreage0.24

Property Information

  • Building Area Source Public Records
  • Living Area 14,637
  • Lot Size Square Feet 10,302
  • Lot Size Units Acres
  • Square Feet14,637

Other

  • Date Listed03/02/2026
  • Farm Land Area Units Square Feet
  • View Count2

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, On Street
  • Parking Spaces7

Location

  • Address136-141A Franklin Street
  • Building Number136-141a
  • CountyEssex
  • StateMA
  • StreetFranklin Street
  • TownLynn
  • Zip01902

Utilities

  • Sewer Public Sewer
  • Water Source Public

Amenities

  • AmenitiesPublic Transportation, Shopping
  • Other AmenitiesBasement
CENTURY 21 Shawmut Properties | Brighton
CENTURY 21 Shawmut Properties | Brighton
134 Tremont Street
Brighton, MA 02135

Lynn, MA Demographics

There is no data available

Lynn, MA Real Estate Market Data

There is no data available

Lynn, MA Schools

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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