$2,015,000

81A Franklin St Lynn, MA 01902

Central Lynn Neighborhood

Estimated payment $11,016/month

Total Views 4,295
15 Beds
8 Baths
6,258 Sq Ft
$322 Price per Sq Ft

About This Home

We are excited to present this 8-unit multifamily deal located at 81A-83 Franklin Street in Lynn, MA. The includes two separate buildings. One 2-unit building made up of a 1-bedroom / 1-bathroom unit and a 2-bedroom / 1-bathroom unit and one 6-unit building made up of all 2-bedroom / 1-bathroom units. Both of these offer spacious living arrangements for tenants. Ideally situated in a sought after area, the property benefits from easy access to local amenities and excellent connectivity, with multiple bus routes and the MBTA train station providing convenient transportation options to downtown Lynn and Boston. This asset presents an excellent opportunity for investors. Additionally, the property provides potential for value-add improvements and long-term growth.

Listing Agent

Kevin Benzinger

Boston Realty Advisors Listed on: 11/12/2025

Co-Listing Agent

Daniel Alper

Boston Realty Advisors

Co-Listing Agent

Christopher Hatem

Boston Realty Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,374

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot

Interior Spaces

  • 6,258 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 8 Full Bathrooms

Community Details

  • 8 Units
  • Net Operating Income $99

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,374

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1910
  • Levels: 3
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 15
  • Full Bathrooms: 8
  • Total Bathrooms: 8
  • Above Grade Finished Sq Ft: 6258
  • Living Area: 6258
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN8461

Exterior Features

  • Foundation Details: Other
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Zoning: 99
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 99
  • Tax Annual Amount: 99

Multi Family

  • Net Operating Income: 99
  • Number Of Units Total: 8
  • Total Actual Rent: 198
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,374 $518,748 $159,300 $359,448
2024 $5,125 $486,700 $153,600 $333,100
2023 $4,808 $431,200 $121,000 $310,200
2022 $4,938 $397,300 $109,400 $287,900
2021 $4,614 $354,100 $97,000 $257,100
2020 $4,297 $320,700 $91,300 $229,400
2019 $4,057 $283,700 $77,200 $206,500
2018 $3,810 $251,500 $76,500 $175,000
2017 $3,599 $230,700 $67,200 $163,500
2016 $3,165 $195,600 $50,600 $145,000
2015 $2,970 $177,300 $48,100 $129,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2025 11/12/25 For Sale $2,015,000 -- $322 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Deed $1,830,000 None Available
Deed $1,830,000 None Available
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73454173

MLS Property Information Network (MLS PIN)

APN: LYNN-000069-000645-000024

Massachusetts Essex County Lynn 01902 Central Lynn

81A Franklin St, Lynn, MA

For Sale

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MLS Property Information Network (MLS PIN) 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 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 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, or as to the accuracy of any of the Images, set forth herein.

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Kevin Benzinger
Listing Agent
Kevin Benzinger
Section Image
Boston Realty Advisors
(339) 330-1765