9-Unit Multifamily
For Sale
Contact for pricing
139 Franklin Street, Lynn, MA 01902
Three-story 9-unit building with a mix of eight two-bedroom units and one three-bedroom unit in Downtown Lynn.
Property Size10,262 SF
Price / SF$182.71
Days on Market115
Property Features for 139 Franklin Street
General Information
Standard status
Active
Size
10,262 SF
Class
C
Property subtype
Retail, Multifamily
Zoning
B
Occupancy
95%
Lease Type
Gross
Investment Type
Core+
Net Operating Income
$165,721
Building Details
Year Built
1900
Year Renovated
2022
Buildings
1
Stories
3
Tenancy
Multi
Listing Agency:
North Shore Realty Advisors
(617) 548-7737
Listed By:
Dan Pouladian · License #MA 423847
Source:
Crexi
Added: May 1
Changed: Aug 17
Last Checked: Aug 22 at 5:39PM
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
Investment Insights
Based on property information with market context.
Exclusively offered, 139 Franklin Street is a three-story multifamily building comprising nine total units. The property features eight two-bedroom units and one three-bedroom unit, providing a balanced unit mix for tenant fit and day-to-day leasing flexibility.
Located in Downtown Lynn, the building is described as being moments from the commercial core and waterfront. The Lynn MBTA Station is noted as providing direct commuter rail service into Boston, and Routes 1A, 129, and the Lynnway are cited for regional connectivity.
With living area of 7,565± square feet and total gross area of 10,262± square feet, this is a compact, income-focused apartment building offering for investors seeking a downtown multifamily asset.
Located in Downtown Lynn, the building is described as being moments from the commercial core and waterfront. The Lynn MBTA Station is noted as providing direct commuter rail service into Boston, and Routes 1A, 129, and the Lynnway are cited for regional connectivity.
With living area of 7,565± square feet and total gross area of 10,262± square feet, this is a compact, income-focused apartment building offering for investors seeking a downtown multifamily asset.
Key Highlights
- 9‑unit, three‑story multifamily building at 139 Franklin Street in Downtown Lynn
- 8 two‑bedroom units and 1 three‑bedroom unit unit mix
- 7,565± SF of living area and 10,262± SF of total gross area
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,491
Businesses Nearby
Explore this area
Business Placement
Demographics for 01902, MA
50,725
Population
19,655
Households
2.6
Avg Household Size
35
Median Age
20%
College-Educated
75%
High-School Grad
2.4 sq mi
ZIP Area
21,135
Density / Sq Mi
$66,755
Median Household Income
$39,506
Median Earnings
$1,571
Median Rent
$456,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Three-story 9-unit building with a mix of eight two-bedroom units and one three-bedroom unit in Downtown Lynn.
Where is this apartment building located?
The property is located at 139 Franklin Street Lynn, MA.
What is the asking price?
The asking price for this property is $1,875,000.
What are key features of this property?
This property features: 9‑unit, three‑story multifamily building at 139 Franklin Street in Downtown Lynn; 8 two‑bedroom units and 1 three‑bedroom unit unit mix; 7,565± SF of living area and 10,262± SF of total gross area
