Investors take notice 8.5% Cap Rate! Clean 9-Unit Multi-Family with eight (8) two-bedroom units and one (1) three-bedroom units which all have lead compliance letters in hand. The building has updated electrical with 400amp service, plumbing upgrades, and unit renovations. There is still opportunity to increase rents for future upside in this rare opportunity. This three-story building offers 7,565± square feet of living area and 10,262± square feet of total gross area. The tenants are responsible for their own separately metered heat and electric, as landlord pays hot water and common electric.
View in the App
Save this property, schedule tours instantly, and get alerts when the price drops
Log in to view assessor & tax records, ownership history, and recent building permits for this property.
Get the number an algorithm can't give you
A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/27/2026 | ↓ Price Reduced | $1,875,000 | $75,000 | - | From $1,950,000 to $1,875,000 (-3.9%) |
| 06/18/2026 | 🏠 Listed for Sale | $1,950,000 | - | - | Original listing |
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $18,413 | $1,777,300 |
137 Franklin Street, Lynn MA 01902
Lynn, MA 01902
Finding comparable properties...