136-141A Franklin Street Lynn MA USA, Lynn, MA 01902
Two buildings with seventeen units and seven parking spaces.
- Added:
- Mar 2, 2026
- Days on Market:
- 126
- Last Refresh:
- Mar 16 at 1:48 pm
Property Features for 136-141A Franklin Street Lynn MA USA
General Information
- Standard status
- Active
- Size
- 19,702 SF
- Property subtype
- Multifamily
Listing office North Shore Realty Advisors
Listing date Mar 2, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of North Shore Realty Advisors
HighLights
- 7. 5% CAP Rate
- 17 Units across 2 Buildings
- 7 Parking spaces
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $669.1k | $33.96 |
| − Vacancy | −$43.5k | −$2.21 |
| EGI | $625.6k | $31.75 |
| − OpEx | −$281.5k | −$14.29 |
| NOI | $344.1k | $17.46 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lynn
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.9590682
- Latitude
- 42.4686798
