69 Franklin St Lynn — Photo 1 of 33
$439,900
Investment Analysis — 69 Franklin St
Lynn, MA 01902
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01902 carries an estimated $3,080/mo in gross rent — about a 5.39% cap rate and $23,718/yr in estimated NOI at the $439,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,106
Style
Single Family
Built
1900
Welcome home to this affordable and inviting 6-room, 3-bedroom Colonial offering comfort, convenience, and numerous recent updates. Freshly painted throughout including exterior, this move-in-ready home features a recently replaced rear roof, newer front roof, new water line, newer heating system, and updated electrical. Enjoy a convenient Lynn location close to schools, shopping, restaurants, and Lynn Beach, with easy access to public transportation and Boston. A great opportunity to own a well-maintained home at an affordable price!
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 553 sq ft (the lesser of 900 sq ft or half the 1,106 sq ft principal dwelling). Lot size: 2,679 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Water Heater • Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Laundromat • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Window(s) - Bay/Bow/Box
Dining Room
Lvl FirstCeiling Fan(s), Flooring - Hardwood
Kitchen
Lvl Main,FirstFlooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Country Kitchen, Open Floorplan, Remodeled, Stainless Steel Appliances
Master Bedroom
Lvl SecondFlooring - Hardwood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondFlooring - Hardwood
Bathroom 1
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Upgraded
Listing Agent: Richard Powers
Listing Office: Toner Real Estate, LLC
MLS® Number: 73575985
