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Under Agreement · PendingListed 197 days ago

$7,200,000

108 Franklin St, Lynn, MA 01902

55
beds
30
baths
23,316
sqft
Lot sizeThe land that comes with the home, as reported to the MLS.
0.5 acres
Year builtThe year the building was originally built, as reported by the listing agent.
1960
On the marketDays since the home was listed. New listings tend to move fastest.
197 days ago
Property type
5+ Family - 5+ Units Up/Down
Price per sqftList price divided by interior living area — handy for comparing homes of different sizes.
$309
ParkingSpaces that come with the home, as reported to the MLS.
32 spaces
Annual taxesLast annual property tax bill reported to the MLS. A new owner's bill can differ.
$60,302

What’s Special

108 Franklin St contains thirty (30) total units comprised of twenty-five (25) 2-Bedroom/1-Bathroom units, four (4) 1-Bedroom/1-Bathroom units, and one (1) Studio unit. The Property is situated upon a 0.50-acre parcel and offers ample parking with thirty-two (32) spaces available via a large parking lot to the front of The Property. The Property is separately metered for electricity, which tenants pay directly. The Landlord is responsible for gas powered hot water and heat, common area electricity, and city water and sewer. The Property is strategically located near downtown Lynn, offering excellent visibility and accessibility within one of the North Shore’s most dynamic urban centers. In-place rents are below the current market rates; the opportunity exists to continue to upgrade unit interiors and common areas to drive rental rates in an urban-infill, high demand/supply constrained residential mar

Listing courtesy of Stephen Girolamo, Horvath & Tremblay · MLS PIN #73504665

Facts & Features

Status
Under Agreement
Active status flag
Pending
Bedrooms
55
Bathrooms
30 full
Living area
23,316 sqft

Parking

2
  • Paved Drive
  • Off Street

MLS PIN #73504665 · Listed April 21, 2026

Location

108 Franklin St, Lynn · All Lynn homes

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.