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$1,875,000
64 Days On Site

137 Franklin Street
Lynn, MA 01902

Multi Family|Pending
19
Beds
9
Total Baths
9
Full Baths
7,565
SqFt
$248
/SqFt
1900
Built
County:
Essex
137 Franklin Street137 Franklin Street137 Franklin Street137 Franklin Street
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Monthly Payment (Est.)

$8,555
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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.

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Listing Snapshot
Price 
$1,875,000
Days On Site 
64 Days
Bedrooms 
19
Inside Area (SqFt) 
7,565 sqft
Total Baths 
9
Full Baths 
9
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1900
MLS® Number 
73538118
Status 
Pending
Property Tax 
$18,413
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
4 weeks agoStatus changed to Pending
2 months agoPrice changed to $1,875,000
2 months agoListing first seen on site
General Features
Foundation 
Stone
Number Of Stories 
3
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
7565
SqFt Total 
7565
Water Source 
Public
Zoning 
B
Interior Features
Appliances 
Gas Water Heater
Basement 
FullUnfinished
Electric 
Circuit Breakers
Flooring 
VinylVariesHardwood
Window Features 
Insulated Windows
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Exterior Features
Construction Details 
Frame
Lot Features 
Corner LotLevel
Roof 
Rubber
Windows/Doors 
Insulated Windows
Listing courtesy of Dan Pouladian of North Shore Realty Advisors



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. 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, leasing or renting 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, leasing or renting. MLS Property Information Network, Inc. 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.

Last checked 2026-08-22 10:22 AM UTC

Neighborhood & Commute
Source: Walkscore
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