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Central Lynn Home for Sale

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    $4,050,000

    • 33 Beds
    • 17 Baths
    • 14,637 Sq Ft

    136 Franklin St, Lynn, MA 01902

    7.5% CAP RATE on this 17-unit multifamily investment opportunity in the heart of Downtown Lynn. Spanning two well-maintained, three-story buildings directly across from one another, the property offers 14,637± square feet of living area and 19,702± square feet of total gross area. The asset features a highly desirable and balanced unit mix consisting of four (4) one-bedroom units, ten (10)

    Sara Pouladian North Shore Realty Advisors

    136 Franklin St, Lynn, MA 01902

Frequently Asked Questions

Is Central Lynn a good place to live?
Central Lynn is a good place to live. Central Lynn is considered very walkable and bikeable with some transit options. Central Lynn has 6 parks for recreational activities. It is very dense in population with 50.9 people per acre and a median age of 34. The average household income is $67,528 which is below the national average. College graduates make up 11.8% of residents. A majority of residents in Central Lynn are renters, with 81.2% of residents renting and 18.8% of residents owning their home. A local real estate agent serving Central Lynn can help you decide if this neighborhood is the right one for you. Learn more on our Central Lynn neighborhood guide.
Is Central Lynn, MA a safe neighborhood?
Central Lynn, MA is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Central Lynn?
The median home price in Central Lynn is $399,000. If you put a 20% down payment of $79,800 and had a 30-year fixed mortgage with an interest rate of 5.98%, your estimated principal and interest payment would be $1,910 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $82K a year to afford the median home price in Central Lynn. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Central Lynn is $68K.
What are the best public schools in Central Lynn?
The best public schools that serve Central Lynn are:
What are the best private schools in Central Lynn?
The best private schools that serve Central Lynn are:
What are the most popular zip codes in Central Lynn, Lynn, MA?
The most popular zip codes in Central Lynn, Lynn, MA include 01902, 01904, 01905, 01901 and 01906.
What are the most popular neighborhoods near Central Lynn, Lynn, MA?
The most popular neighborhoods near Central Lynn, Lynn, MA are Downtown Lynn, Highlands, Pine Hill, Agganis AC and West Lynn.

Home Trends in Central Lynn, MA

Housing Trends

Median Sale Price
$385,000
Median Single Family Sale Price
$515,000
Median 2 Bedroom Sale Price
$374,500
Median 1 Bedroom Sale Price
$297,000
Average Price Per Sq Ft
$435
Number of Homes for Sale
0
Last 12 months Home Sales
21
Months of Supply
0.00
Median List Price
$399,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-4%
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