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INVESTMENT SNAPSHOT
About this property
We are excited to present this 8-unit multifamily deal located at 81A-83 Franklin Street in Lynn, MA. The includes two separate buildings. One 2-unit building made up of a 1-bedroom / 1-bathroom unit and a 2-bedroom / 1-bathroom unit and one 6-unit building made up of all 2-bedroom / 1-bathroom units. Both of these offer spacious living arrangements for tenants. Ideally situated in a sought after area, the property benefits from easy access to local amenities and excellent connectivity, with multiple bus routes and the MBTA train station providing convenient transportation options to downtown Lynn and Boston. This asset presents an excellent opportunity for investors. Additionally, the property provides potential for value-add improvements and long-term growth.
Property details
| Units | 8 |
| Living area | 6,258 sqft |
| Lot size | 4,356 sqft |
| Year built | 1910 |
| Price / sqft | $290 |
| County | Essex |
| MLS # | 73454173 |
Location
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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 81A-83 Franklin Street, Lynn MA 01902 have?
It is a 8-unit multi-family property with 6,258 sqft of living area, built in 1910.
What is the price per unit?
At a list price of $2,015,000 across 8 units, that works out to roughly $251,875 per unit.
What is the price per square foot?
At $2,015,000 for 6,258 sqft, that's about $290 per square foot.
Where is this property located?
81A-83 Franklin Street, Lynn MA 01902 is in Lynn, Essex County, MA 01902.
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