DanielleBallou
(508) 942-9508
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137 Franklin Street
Lynn, MA 01902

$1,875,000

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Listing Details

  • $1,875,000
  • MLS# 73538118
  • Type Multi Unit - Multiple
  • Status Pending
  • 19
    Bedrooms
  • 9 full
    Bathrooms
  • 7,565
    Square Feet
  • 1900
    Year Built
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Listed By

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

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Shown By

Agent Name: Danielle Ballou
Agent Phone: (508) 942-9508
Agency Title: Donahue Real Estate Co.

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Home Value Estimate

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.

Features

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

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

agent picture

Shown By

Agent Name: Danielle Ballou
Agent Phone: (508) 942-9508
Agency Title: Donahue Real Estate Co.

IDX logo

954 Main Street
Walpole, MA 02081
(508) 942-9508
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/02/2026. The listing information on this page last changed on 08/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 08/02/2026 12:00:15 AM EST) or MLSPIN MLS (last updated Sat 08/01/2026 11:38:32 PM EST) or Cape Cod / Islands MLS (last updated Sat 08/01/2026 11:57:08 PM EST). Real estate listings held by brokerage firms other than Donahue Real Estate Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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