Multi-Family for Sale: 31 Franklin St, Lynn, MA 01902

18 beds
18 full baths
11,316 sqft
$3,800,000
$3,800,000
31 Franklin St, Lynn, MA 01902
18 beds
18 full baths
11,316 sqft
$3,800,000
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Price:
$3,800,000

Type Multi-Family
Beds 18
Total Baths 18 full baths
Square Feet 11,316 sqft
Lot Size 0.27 acres
Year Built 1970

City Lynn
County Essex

MLS 73247670
Status Pending
DOM 28 days
31 Franklin Street contains eighteen 1-Bedroom/1-Bathroom units. The well-maintained Property features an on-site laundry facility, storage units and eighteen on-site parking spaces. In-place leases are significantly below market rates; the opportunity exists to upgrade the unrenovated unit interiors to drive rental rates in an urban-infill, high demand/supply constrained residential market. The Property is well-located along Franklin Street and is 0.1-miles from Market Street and 0.3-miles from Western Avenue. The Property is situated along the edge of Downtown Lynn and is walkable to numerous dining, drinking, shopping, cultural and entertainment amenities including Central Square, BayRidge Hospital, North Shore Community College, and Lynn Beach.

Lot & Building Features

Appliances Dryer, Washer
Sewer Public Sewer
Tax Year 24
Taxes Paid $34,690
Water Public
Foundation Block
Roof Rubber
Full Baths 18
Parking Off Street
Total Rooms 54
Basement Feature Unfinished
Garage Spaces 0

Price History of 31 Franklin St, Lynn, MA

Date Name Price Difference
06/05/2024 Listing Price $3,800,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 31 Franklin St, Lynn, MA

Location Map Street View
Photo of Robin Bettencourt
Direct: 603-964-7000
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by Horvath & Tremblay, Dennis Kelleher
$
20%
1%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

31 Franklin St (MLS #73247670) is a multi-family listing located in Lynn, MA. This multi-family listing is 11,316 sqft and on a lot of 11,761 sqft (or 0.27 acres) with 18 bedrooms, 18 baths and is 54 years old. This property was listed on 06/05/2024 and has been priced for sale at $3,800,000.

Nearby zip codes are 01251, 01901, 01904, 01905 and 02151. This property neighbors other cities such as Peabody, Revere, Salem, Saugus and Swampscott.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Horvath & Tremblay

The property listing data and information 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 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 set forth herein.