Date
Details
Price
Change
Source
4/16/2026
Listed
$1,975,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/13
$1,975,000 Just Listed
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1/13
Property Description
Rare opportunity to acquire a well-maintained 8-unit asset, constructed in 1988, offering an attractive mix of renovated units and strong in-place cash flow. The property features four (4) one-bedroom units, two (2) townhouse-style two-bedroom units, and two (2) townhouse-style three-bedroom units. All units offer open-concept layouts with breakfast bars overlooking the living and dining areas. Kitchens have been renovated, and bathrooms are outfitted with durable vinyl surrounds, minimizing ongoing maintenance. Additional tenant amenities include individual storage units, in-building laundry connections, and off-street parking. Located along multiple public transportation routes and within close proximity to area amenities, the property benefits from strong rental demand. The asset is currently offered at a 7.25% capitalization rate on in-place income, and offers investors upside to increase rents moving forward. Also available as a package MLS#:73481300
Full Property Details
Full Property Details for 138 Franklin
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General
- Price: $1,975,000
- Taxes: $16,911 (2026)
- Status: Active
- Type: Multi-Family
- MLS ID: 73502739
- Updated: Today (4/16/2026)
- Added to Site: Today
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Bedrooms
- Total Bedrooms: 14
Parking
- Parking Features: Paved Drive, Off Street, Assigned
Location
- County: Essex
Structural Information
- Basement: Yes
- Stories/Levels: 5
- Square Feet: 7,072
- Year Built: 1988
Lot Features
- Lot Size (Acres): 0.17
Financial Considerations
- Tax Amount: $16,911
- Tax Year: 2026
Listed by North Shore Realty Advisors, Dan Pouladian and Sara Pouladian
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Listing agents
— 138 Franklin —
Dan Pouladian
North Shore Realty Advisors
Sara Pouladian
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 138 Franklin
School District:Lynn School District
| Name | Grades | Distance |
|---|---|---|
Cobbet Elementary School 40 Franklin Street, Lynn, MA 01902 | K-5 | 0.3 mi |
William R Fallon Elementary School 100 Robinson Street, Lynn, MA 01905 | K-6 | 0.6 mi |
Fecteau-Leary Junior/Senior High School 33 North Common Street, Lynn, MA 01902 | 7-12 | 0.3 mi |
Breed Middle School 90 O'Callaghan Way, Lynn, MA 01905 | 6-8 | 1.4 mi |
Classical High School, Lynn, MA 235 O'Callaghan Way, Lynn, MA 01905 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 138 Franklin
Estimate the Cost
Estimate the Cost for 138 Franklin
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- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 2Total Baths
- 1,875Sq. Ft.
Listed by Erica Carson (781) 927-8517
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 3Total Baths
- 2,492Sq. Ft.
- Condo
- Active
- Updated 2 days ago
- 3Beds
- 4Total Baths
- 2,457Sq. Ft.
- Multi-Family
- Active
- Updated 2 days ago
- 2Units
- 5Total Beds
- 0.14Acres
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- Single Family
- Active
- Updated 9 hours ago
- 5Beds
- 2Total Baths
- 2,528Sq. Ft.
- Condo
- Active
- Updated 3 days ago
- 1Bed
- 1Total Bath
- 627Sq. Ft.
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138 Franklin, Lynn, MA 01902 (MLS# 73502739) is a Multi-Family property with 8 units containing 14 bedrooms and 8 full bathrooms. 138 Franklin is currently listed for $1,975,000 and was received on April 16, 2026. Want to learn more about 138 Franklin? Do you have questions about finding other Multi-Family real estate for sale in Lynn Common? You can browse all Lynn Common real estate or contact a Coldwell Banker agent to request more information.