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

136-141A Franklin St

Lynn, MA ID #73481300

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136-141A Franklin St

- Lynn, MA ID #73481300

Property 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 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.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5+ Family - 5+ Units Up/Down
  • Zip Code: 01902
  • Taxes: 35,484
  • Levels: 3
  • Acres: 0.24

Parking

  • Garage Capacity: 7
  • Parking: Paved Drive, Off Street, On Street
  • Parking Spaces: 7

Rooms/Dimensions

  • Total Units: 17
  • Total Floors: 3
  • Total Rooms: 67

Location

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Content © 2026 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Sara Pouladian of North Shore Realty Advisors. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.