136-141A Franklin St Lynn, MA ^$ 4,050,000

136-141A Franklin St

^$ 4,050,000

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136-141A Franklin St

Lynn, MA, 01902

^$ 4,050,000

Bedrooms33 Baths17.0 Sq 14,637

Monthly Estimate*

^$ 24,937

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Multi-Family Home for sale in Lynn, MA

for $4,050,000 with 33 bedrooms and 17 full baths. This 14,637 square foot home was built in 1988 on a lot size of 0.24.

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.

Multi-Family Active

Price

^$ 4,050,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 35,484

Style

5+ Family - 5+ Units Up/Down

Lot Size

0.24

Year Built

1988

Town/City

Lynn

County/Region

Essex

MLS | Web ID

73481300

List By

Sara Pouladian

Listing Agent

North Shore Realty Advisors

Broker

Affordability Calculator

$27,894

Per Month

Monthly Principal & Interest: $24,937
Monthly Property Taxes: $2,957
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Trends

Multi-family listings in Lynn, MA

Average List Price ^$1,351,262

Percent of Sale Price 67%

About Lynn, MA

92,878 Population

4% Since 2002

^$52,444 Median Income

37.53 Median Age

32% Households with Children

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Trends Information provided by ATTOM Data Solutions.

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Pricing History

Date	Price	Price Change	Description
3/2/2026	$4,050,000		Listed Price

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136-141A Franklin St, Lynn, MA, 01902 is a Multi-Family Home for sale at $4,050,000 with 14,637 sqft and a lot size of 0.24. 136-141A Franklin St has 33 bedrooms, 17.0 baths, and was built in 1988. The property's zip code is 01902 which is in Lynn, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 3/4/2026.

The real estate information and related content displayed on this site 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.

The property listing data and information, or the Images, 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, 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. 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, or as to the accuracy of any of the Images, set forth herein.

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136-141A Franklin St

Multi-Family Home for sale in Lynn, MA

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