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136-141a Franklin St
Lynn, MA 01902

$4,050,000

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Listing Details

  • $4,050,000
  • MLS# 73481300
  • Type Multi Unit - Multiple
  • Status Active
  • 33
    Bedrooms
  • 17 full
    Bathrooms
  • 14,637
    Square Feet
  • 0.237 acres
    Lot Size
  • 1988
    Year Built

Listed By

Agency Name: North Shore Realty Advisors
Agency Phone: 617-548-7737
Agent Name: Sara Pouladian

Shown By

Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080

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Home Value Estimate


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...read more

Features

  • 3.0 Stories
  • $35,484 Taxes
  • Public
  • Built in 1988

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