108 Franklin St, Lynn, MA 01902
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
108 Franklin St,Lynn, MA 01902
$7,200,000
- 55 Beds
- 30 Baths
- 23,316 sq. ft.
- Multi-family
- Active
Listed by: stephen girolamo
Office: horvath & tremblay
MLS#:73504665
Source:MLSPIN
Price summary
- Price:$7,200,000
- Price per sq. ft.:$308.8
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 Shore’s 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
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Home facts
- Year built:1960
- Listing ID #:73504665
- Updated:June 09, 2026 at 10:49 AM
Rooms and interior
- Bedrooms:55
- Total bathrooms:30
- Full bathrooms:30
- Rooms Total:99
- Living area:23,316 sq. ft.
Structure and exterior
- Roof:Shingle
- Year built:1960
- Building area:23,316 sq. ft.
- Lot area:0.5 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$7,200,000
- Price per sq. ft.:$308.8
- Tax amount:$60,302 (2026)
Parking
- Total parking spaces:32
- Parking description:Off Street, Paved Drive
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