Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

108 Franklin St

Lynn, MA ID #73451577

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108 Franklin St

- Lynn, MA ID #73451577

Property Description

108 Franklin St contains thirty (30) total units comprised of twenty-five (25) 2-Bedroom/1-Bathroom units, four (4) 1-Bedroom/1-Bathroom units, and one (1) Studio unit. The Property is situated upon a 0.50-acre parcel and offers ample parking with thirty-two (32) spaces available via a large parking lot to the front of The Property. The Property is separately metered for electricity, which tenants pay directly. The Landlord is responsible for gas powered hot water and heat, common area electricity, and city water and sewer. The Property is strategically located near downtown Lynn, offering excellent visibility and accessibility within one of the North Shore’s most dynamic urban centers. In-place rents are below the current market rates; the opportunity exists to continue to upgrade unit interiors and common areas to drive rental rates in an urban-infill, high demand/supply constrained residential market.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5+ Family - 5+ Units Up/Down
  • Zip Code: 01902
  • Taxes: 59,444
  • Levels: 3
  • Acres: 0.50

Parking

  • Garage Capacity: 32
  • Parking: Off Street
  • Parking Spaces: 32

Rooms/Dimensions

  • Total Units: 30
  • Total Floors: 3
  • Total Rooms: 99

Location

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108 Franklin St, Lynn, MA

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Stephen Girolamo of Horvath & Tremblay. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.