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

137 Franklin Street

Lynn, MA ID #73538118

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137 Franklin Street

- Lynn, MA ID #73538118

Property 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.

Additional Details

  • Status: ACT
  • Type: Multi-Family, Multi Family
  • Zip Code: 01902
  • Taxes: 18,413
  • Levels: 3

Rooms/Dimensions

  • Total Units: 9
  • Total Floors: 3
  • Total Rooms: 34
  • Has Basement: Yes

Location

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137 Franklin Street, Lynn, MA

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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 Dan 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.