← All properties

Multifamily · Lynn · BOM

108 Franklin St

Lynn, MA 01902

$7,200,000

55 bedrooms30 bathrooms23,316 square feet73504665 MLS number

The residence

Property overview

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

Taxes 2026
$60,302
Parking
32 spaces

Property details and availability are sourced from the local listing feed and may change. Contact Leverage for current details and availability.

Keep exploring

More current homes

View all properties ↗