$7,200,000
Active108 Franklin St
Lynn, MA, 01902
Multi-Family · MLS #73504665
Price/sqft
$309
Days on market
New today
Year built
1960
Lot size
0.50 ac
23,316 sq ft
Sq Ft
0.50 acres
Lot
1960
Year Built
Taxes: $60,302 (2026)
About this home
108 Franklin St contains thirty (30) total units comprised of twenty-five (25) 2-Bedroom/1-Bathroom units, four (4) 1-Bedroom/1-Bathroom units, and one (1) Studio unit. The Property is situated upon a 0.50-acre parcel and offers ample parking with thirty-two (32) spaces available via a large parking lot to the front of The Property. The Property is separately metered for electricity, which tenants pay directly. The Landlord is responsible for gas powered hot water and heat, common area electricity, and city water and sewer. The Property is strategically located near downtown Lynn, offering excellent visibility and accessibility within one of the North Shores most dynamic urban centers. In-place rents are below the current market rates; the opportunity exists to continue to upgrade unit interiors and common areas to drive rental rates in an urban-infill, high demand/supply constrained residential mar
Property details
- Electric
- Individually Metered
Listed by Stephen Girolamo · Horvath & Tremblay
Schedule a showing
108 Franklin St
Estimated payment
$44,432 / month
Loan term
- Principal & interest
- $36,407
- Property tax
- $5,025
- Home insurance
- $3,000
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.
Compare