Price Reduced 3.85%

$1,875,000 ($247.85 per sqft)

Est. Mortgage $8,993/mo *

Quick Pre-Approval

Brochure

Call Text Schedule Tour Request More Information

137 Franklin Street, Lynn, MA, 01902

137 Franklin Street, Lynn, MA, 01902
View larger map Directions

34 rooms

19 beds

9 Full baths

1900

7,565 sqft

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.

Status:

Active

Type:

Multi-family

Units:

9

Zoning:

B

Basement:

Full, Unfinished

Levels:

3

Est. Taxes:

$18,413

Assessment

$1,777,300

Construction

Frame

Utilities

for Gas Range, for Electric Range

Lot Description:

Corner Lot, Level

MLS #:

73538118

Community Info

School Info

Walk Score

Mass Transit

Yelp

Similar Properties

$1,900,000

28 beds

14 baths

14,280 sqft

401-413 Wahconah St, Pittsfield, MA, 01201

$1,700,000

8 beds

6 baths

4,310 sqft

18 Balcomb Street, Salem, MA, 01970

$1,975,000

21 beds

7 baths

11,280 sqft

159 S Union Street, Lawrence, MA, 01843

Price Reduced!

$1,995,000

7 beds

6 baths

5,212 sqft

395 Essex, Salem, MA, 01970

$2,010,000

10 beds

10 baths

6,450 sqft

445 South Main, Haverhill, MA, 01835

Price Reduced!

$1,740,000

5 beds

2 baths

2,246 sqft

49 Northern Blvd, Newbury, (Plum Island), MA, 01951

$2,050,000

10 beds

10 baths

5,400 sqft

2 Academy Ave, Haverhill, MA, 01835

$1,900,000

6 beds

6.5 baths

3,843 sqft

88 Route 6A, Orleans, MA, 02653

$1,800,000

9 beds

5.5 baths

4,628 sqft

53-55 Western Ave, Gloucester, MA, 01930

$1,700,000

9 beds

8 baths

7,221 sqft

85-87 Summer, Haverhill, MA, 01830

Price Reduced!

$1,775,000

6 beds

4.5 baths

4,271 sqft

5 Winter Island Road, Salem, (Winter Island), MA, 01970

$1,850,000

10 beds

10 baths

5,050 sqft

28 Eastern Point Road, Gloucester, (East Gloucester), MA, 01930

Price Reduced!

$1,875,000

6 beds

7 baths

5,578 sqft

126 Pleasant St, Marblehead, MA, 01945

$1,719,000

37 beds

23 baths

21,162 sqft

306 South St, Pittsfield, MA, 01201

$1,500,000

12 beds

6 baths

5,576 sqft

10 Kempton Ct, Lawrence, (North Lawrence), MA, 01841

$1,775,000

6 beds

6 baths

4,410 sqft

36 Market St, Newburyport, MA, 01950

New or Coming Soon Properties

New Listing!

$1,800,000

4 beds

3.5 baths

3,371 sqft

73 Martin St, Essex, MA, 01929

New Listing!

$1,699,000

4 beds

2 baths

1,866 sqft

26 Clay Street, Cambridge, (North Cambridge), MA, 02140

New Listing!

$2,095,000

9 beds

3 baths

3,750 sqft

68 Hillside St, Boston, (Mission Hill), MA, 02120

$1,675,000

25 beds

16 baths

11,250 sqft

683-687 State St, Springfield, MA, 01109

New Listing!

$1,998,999

8 beds

3 baths

2,997 sqft

8 Porter St, Boston, MA, 02130

New Listing!

$1,695,000

6 beds

3 baths

2,719 sqft

157 Elm Street, Somerville, (Davis Square), MA, 02144

New Listing!

$1,799,888

7 beds

6 baths

3,517 sqft

806 Saratoga, Boston, (East Boston), MA, 02128

New Listing!

$1,500,000

9 beds

5 baths

6,703 sqft

52 Mount Washington St, Lowell, MA, 01854

New Listing!

$1,500,000

9 beds

3 baths

3,153 sqft

11 Endicott Ave, Somerville, MA, 02144

New Listing!

$1,950,000

6 beds

4 baths

2,886 sqft

75 Dudley, Cambridge, (North Cambridge), MA, 02140

New Listing!

$1,725,000

4 beds

4 baths

2,000 sqft

32 Mckone Street, Boston, (Dorchester's Neponset), MA, 02122

$2,000,000

30 beds

10 baths

11,772 sqft

526 3rd St, Fall River, MA, 02721

New Listing!

$1,995,000

3 beds

2.5 baths

1,439 sqft

33 Vineyard Avenue, Oak Bluffs, MA, 02557

$1,900,000

18 beds

6 baths

4,230 sqft

43 Highrock Street, Lynn, MA, 01902

New Listing!

$1,500,000

8 beds

3 baths

3,516 sqft

8 Roach St, Boston, (Dorchester's Savin Hill), MA, 02125

$1,850,000

13 beds

5 baths

5,368 sqft

77-79 Chestnut Street, Lynn, (East Lynn), MA, 01902


Listing courtesy of Dan Pouladian, North Shore Realty Advisors 617-548-7737