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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 market.
General Information for 108 Franklin St Lynn, MA 01902 |
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| Town | Lynn |
| County | Essex |
| Stories | 3 |
| SQFT | 23,316 |
| Status | Available |
| Listing Number | 73451577 (MLSPIN) |
Rooms Information for 108 Franklin St Lynn, MA 01902 |
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Interior Information for 108 Franklin St Lynn, MA 01902 |
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Exterior Information for 108 Franklin St Lynn, MA 01902 |
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| Lot Size | 0.50 acres |
| Lot Description | Other |
| Parking | Spaces: 32 Off Street |
| Lot | Other |
| Water | Public |
| Sewer | Public Sewer |
Neighborhood Information for 108 Franklin St Lynn, MA 01902 |
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| Neighborhood Amenities | Public Transportation Shopping Pool Tennis Court(s) Park Golf Medical Facility Laundromat Highway Access House of Worship Private School Public School T-Station |
Miscellaneous Information for 108 Franklin St Lynn, MA 01902 |
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| Year Built | 1960 |
| Association Fee | 0 |
| Taxes | $59,444 /Yr |
| Comp | |
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| Condo | Data |
|---|---|
| Units | 6,737 |
| Avg Price | $930,780 |
| Avg Days Listed | 100 |
| Total New Listings | 7 |
| House | Data |
|---|---|
| Units | 11,652 |
| Avg Price | $1,233,989 |
| Avg Days Listed | 88 |
| Total New Listings | 10 |
| Multi-Family | Data |
|---|---|
| Units | 2,135 |
| Avg Price | $1,298,056 |
| Avg Days Listed | 108 |
| Total New Listings | 13 |
For a more detailed market analyis one of our real estate agents can provide you with a full report.
| Address | Closing Date | List Price | Closing Price | % of List Price |
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| Listing: 1 of 1 | Updated 50 minutes ago |
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.
(AN2723/CN227795)
