138 FranklinLynn, MA 01902MLS Number 73502739

  • Price: $1,975,000
  • Est. Mortgage of $/month
  • 29 Days on Market
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Federal 30-year interest rate: 6.37% last updated on May 7, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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138 Franklin Lynn MA 01902138 Franklin Lynn MA 01902138 Franklin Lynn MA 01902138 Franklin Lynn MA 01902138 Franklin Lynn MA 01902138 Franklin Lynn MA 01902138 Franklin Lynn MA 01902138 Franklin Lynn MA 01902138 Franklin Lynn MA 01902138 Franklin Lynn MA 01902138 Franklin Lynn MA 01902138 Franklin Lynn MA 01902138 Franklin Lynn MA 01902
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  • 14Bedrooms
  • 0.17Acreage
  • 8Bathrooms
  • 1988Year Built

Driving Directions

Rare opportunity to acquire a well-maintained 8-unit asset, constructed in 1988, offering an attractive mix of renovated units and strong in-place cash flow. The property features four (4) one-bedroom units, two (2) townhouse-style two-bedroom units, and two (2) townhouse-style three-bedroom units. All units offer open-concept layouts with breakfast bars overlooking the living and dining areas. Kitchens have been renovated, and bathrooms are outfitted with durable vinyl surrounds, minimizing ongoing maintenance. Additional tenant amenities include individual storage units, in-building laundry connections, and off-street parking. Located along multiple public transportation routes and within close proximity to area amenities, the property benefits from strong rental demand. The asset is currently offered at a 7.25% capitalization rate on in-place income, and offers investors upside to increase rents moving forward. Also available as a package MLS#:73481300
Listed by Dan Pouladian of North Shore Realty Advisors

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More Info

Basic Information

  • Gross Income $208,860
  • Lot Features Easements, Level
  • Mls StatusActive

Basic Information

  • List Price$1,975,000
  • MLS Number73502739
  • Modification Date04/20/2026
  • Property SubType5-9 Family

Property

  • Acreage0.17

Exterior

  • RoofRubber

Utilities

  • Electric Circuit Breakers, Individually Metered
  • Electric Expense 1490
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Highway Access
    • Laundromat
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • University
    • Walk/Jog Trails
  • Green Energy Efficient Varies per Unit
  • Other AmenitiesBasement

Tax Information

  • Tax Assessed Value $1,350,000
  • Tax Year 2026
  • Taxes$16,911

Rooms

  • Bathroom8
  • Bathrooms Total Decimal 8
  • Bedrooms14
  • Full Bath8

Building

  • BasementFull, Partially Finished, Concrete
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationConcrete Perimeter
  • Foundation Area 2336
  • Levels 5
  • Rooms28
  • Stories5
  • Units8
  • Utilities For Gas Range, For Gas Oven
  • Window Features Insulated Windows
  • Year Built1988
  • Year Built Details Actual
  • Year Built Source Public Records

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Assigned
  • Parking Spaces8

Location

  • Address138 Franklin
  • Building Number138
  • CountyEssex
  • StateMA
  • StreetFranklin
  • TownLynn
  • Zip01902

Interior

  • Flooring Wood, Tile, Vinyl

Property Information

  • Building Area Source Public Records
  • Living Area 7,072
  • Lot Size Square Feet 7,479
  • Lot Size Units Acres
  • Square Feet7,072

Other

  • Date Listed04/16/2026
  • Farm Land Area Units Square Feet

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN 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.

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