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Canceled

139 Franklin St, Lynn MA 01902

$1,950,000

Estimated $4,696/month Calculator

Multi Family

Total Units: 9

Price Per Unit: $216,666.67

Total Rent: 60000/year

Estimated CAP Rate:

16 Bedrooms

Baths

7565

Total Parking: 0

2,823 (0.06)

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 Square, Commuter Rail, Bayridge Hospital, and North Shore Community College. This building is also available as a 2-building package as well, see MLS #73481300.

This home has been viewed 13 times

Last Checked: June 18th, 2026 at 4:29am (Source: MLS PIN #73502738)

Gross Income: $60,000

Gross Expenses: $63,114

Net Income Calc: $3,114

Water Views

Annual Expenses for 139 Franklin St, Lynn MA 01902

Total Gross Expenses (Calculated)$63,114/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax18413

Annual Income & Unit Breakdown for 139 Franklin St, Lynn MA 01902

Total Gross Income (Calculated)$60,000

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bathrooms

Rent Includes

Unit 4

Rental Income$0

Lease

Bathrooms

Rent Includes

General Information for 139 Franklin St, Lynn MA 01902

Listing ID73502738

Property TypeMulti Family

Price1950000 ($257.77/SqFt)

Style5+ Family - 5+ Units Up/down

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total7565

Approximate Lot Size (Acres)0.06

Total Parking0

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Area2600

Foundation Description

Accessible Features

Outdoor Space

ZoningB

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 139 Franklin St, Lynn MA 01902

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsRefrigerator And Some Personal Belongings

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 139 Franklin St, Lynn MA 01902

Real Estate Taxes18413

Tax Year2025

Assessed Value$1,777,300

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 139 Franklin St, Lynn MA 01902

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 139 Franklin St, Lynn MA 01902

Agent

Name: Sara Pouladian

Office

Name: North Shore Realty Advisors

Phone: 617-548-7737

Team Members

Payment Calculator

, Interest

Property Taxes 1534.42

Principal & Interest 12015.28

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

North Shore Realty Advisors

Sara Pouladian

Agent Phone

Office Phone

(617) 548-7737

Text Agent Call Agent Call Office

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EXIT

8 More Photos

Canceled

139 Franklin St, Lynn MA 01902

$1,950,000

Annual Expenses for 139 Franklin St, Lynn MA 01902

Annual Income & Unit Breakdown for 139 Franklin St, Lynn MA 01902

General Information for 139 Franklin St, Lynn MA 01902

Disclosures for 139 Franklin St, Lynn MA 01902

Financial Information for 139 Franklin St, Lynn MA 01902

Location Information for 139 Franklin St, Lynn MA 01902

Contact Information for 139 Franklin St, Lynn MA 01902

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

North Shore Realty Advisors

Sara Pouladian