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108 Franklin St, Lynn MA 01902

$6,500,000

Estimated $14,663.72/month Calculator

Multi Family

Total Units: 1

Price Per Unit: $6,500,000

Total Rent: 0/year

Estimated CAP Rate: -0.76%

0 Bedrooms

Baths

20,880 SqFt

Total Parking: 30

21,609 SqFt

Excellent property very well maintained, Seller has owned and operated for 30 Years , High Efficiency FHW X Gas System New in 2020 ,New Hot Water 2020 , Roof 18 Years old , Currently 29 Units, Previous owner converted one unit to Laundry, 25 2 bedroom units and 4 1 bedroom units

This home has been viewed 38 times

Last Checked: May 7th, 2024 at 12:52am (Source: MLS PIN #73089890)

Gross Income: $0

Gross Expenses: $49,488

Net Income Calc: $49,488

CAP Rate: -0.76%

Annual Expenses for 108 Franklin St, Lynn MA 01902

Total Gross Expenses (Calculated)$49,488/year

APOD Available

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$49,488

Annual Income & Unit Breakdown for 108 Franklin St, Lynn MA 01902

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

General Information for 108 Franklin St, Lynn MA 01902

Listing ID73089890

Property TypeMulti Family / 5+ Family

Price$6,500,000

Style

CityLynn

CountyEssex

MLS Area

Neighborhood(s)

Approximate Living Area Total20,880 SqFt

Approximate Lot Size (Acres)0.5 acres

Total Parking30

Garage Parking

Year Built1960

Year Built Source

Year Renovated

Year Built Details

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation Description

Accessible Features

Outdoor Space

ZoningR4

Zoning DetailsLegal Conforming

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 108 Franklin St, Lynn MA 01902

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$376,800

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation2

Sub-Agent Compensation

Compensation Based On

Financial Information for 108 Franklin St, Lynn MA 01902

Real Estate Taxes$49,488

Tax Year2022

Assessed Value

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$376,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-0.76%

Location Information for 108 Franklin St, Lynn MA 01902

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 108 Franklin St, Lynn MA 01902

Agent

Name: Richard Powers

Office

Name: Toner Real Estate, LLC

Phone: 781-780-9054

Payment Calculator

, Interest

Property Taxes 4124

Principal & Interest 40050.93

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Toner Real Estate, LLC

Richard Powers

Agent Phone

Office Phone

(781) 780-9054

Text Agent Call Agent Call Office

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[perc_test_date] => Unknown
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EXIT