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137 Franklin St
Lynn, MA 01902

$2,075,000

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Listing Details

  • $2,075,000
  • MLS# 73502738
  • Type Multi Unit - Multiple
  • Status Active
  • 16
    Bedrooms
  • 9 full
    Bathrooms
  • 7,565
    Square Feet
  • 0.065 acres
    Lot Size
  • 1900
    Year Built

Listed By

Agency Name: North Shore Realty Advisors
Agency Phone: 617-548-7737
Agent Name: Sara Pouladian

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Shown By

Agent Name: Susan Paolini-Sarao
Agent Phone: (781) 251-0080
Agency Title: Donahue Real Estate Co.

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Home Value Estimate


Description

Investors will appreciate this 8% Cap Rate on current in place rents on day one of ownership. The attractive unit mix of eight (8) two-bedroom units and one (1) three-bedroom unit making this a rare find on the bedroom count. Tenants are responsible for their own separately metered heat and LL is responsible for hot water and common electric.137 Franklin is well-located near the intersection of Western Avenue and Franklin Street and is around the corner from Stop & Shop and multiple bus stops along Western Avenue. The Property is situated close to Downtown Lynn and walkable distance to laundromats, restaurants and amenities including Central...read more

Features

  • Tile
  • Vinyl
  • Varies
  • Hardwood
  • 3.0 Stories
  • $18,413 Taxes
  • Public
  • Built in 1900

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