136-141A Franklin St
Lynn, MA, 01902
$4,050,000
7.5% CAP RATE on this 17-unit multifamily investment opportunity in the heart of Downtown Lynn. Spanning two well-maintained, three-story buildings directly across from one another, the property offers 14,637± square feet of living area and 19,702± square feet of total gross area. The asset features a highly desirable and balanced unit mix consisting of four (4) one-bedroom units, ten (10) two-bedroom units (including two townhome-style layouts), and two (2) townhome-style three-bedroom units and one (1) single-level three-bedroom unit, appealing to a broad tenant base and supporting long-term occupancy stability. Tenants are responsible for separately metered utilities which include heat and electric. Complemented by seven (7) off-street parking spaces, laundry hookups, and storage spaces for additional future revenue. This offering presents investors with a rare opportunity to acquire critical mass in a growing downtown location with strong fundamentals and upside potential.
Current real estate data for Multi Family in Lynn as of Mar 09, 2026
38
Multi Family Listed
179
Avg DOM
322
Avg $ / SqFt
$1,104,641
Avg List Price
Property Details
Price:
$4,050,000
MLS #:
73481300
Status:
Active
Beds:
33
Baths:
17
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
Listed Date:
Mar 2, 2026
Finished Sq Ft:
14,637
Total Sq Ft:
14,637
Lot Size:
10,302 sqft / 0.24 acres (approx)
Year Built:
1988
Units:
17
Schools
Interior
Bathrooms
17 Full Bathrooms
Exterior
Community Features
Public Transportation, Shopping
Parking Features
Paved Drive, Off Street, On Street
Parking Spots
7
Financial
Tax Year
2025
Taxes
$35,484
Map
Contact Us
Mortgage Calculator
Community
- Address136-141A Franklin St Lynn MA
- CityLynn
- CountyEssex
- Zip Code01902
Subdivisions in Lynn
Property Summary
- 136-141A Franklin St Lynn MA is a Multi Family for sale in Lynn, MA, 01902. It is listed for $4,050,000 To schedule a showing of MLS#73481300 at 136-141A Franklin St in Lynn, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.
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CRP: Certified Relocation Professional CRS: Certified Residential Specialist GRI: Graduate of Realtors Institute CBR: Certified Buyers Representative BSBA: Bachelor of Science in Business Administration. Babson College 1979 MBA: Master of Business Administration. Babson College 2002 James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…
More About JamesCourtesy of North Shore Realty Advisors. The property listing data and information 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 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 set forth herein.
136-141A Franklin St
Lynn, MA



































