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137 Franklin Street, Lynn, MA 01902

Lynn
Local realty services provided by:CENTURY 21 Professionals
137 Franklin Street,Lynn, MA 01902
$1,950,000
  • 19 Beds
  • 9 Baths
  • 7,565 sq. ft.
  • Multi-family
  • Active
Listed by: dan pouladian
Office: north shore realty advisors
MLS#:73538118
Source:MLSPIN

Price summary

  • Price:$1,950,000
  • Price per sq. ft.:$257.77

About this home

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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Home facts

  • Year built:1900
  • Listing ID #:73538118
  • Updated:June 18, 2026 at 05:54 PM

Rooms and interior

  • Bedrooms:19
  • Total bathrooms:9
  • Full bathrooms:9
  • Rooms Total:34
  • Flooring:Hardwood, Vinyl
  • Basement Description:Full, Unfinished
  • Living area:7,565 sq. ft.

Structure and exterior

  • Roof:Rubber
  • Year built:1900
  • Building area:7,565 sq. ft.
  • Lot Features:Corner Lot, Level
  • Construction Materials:Frame
  • Foundation Description:Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,950,000
  • Price per sq. ft.:$257.77
  • Tax amount:$18,413 (2026)
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 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 or leasing 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 or leasing. 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. MLSPIN Member Broker: Kimberly Allard

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