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137 Franklin Street

Updated Sep 8, 2026

Shashank Kaul Purchases 9-Unit Multifamily Property In Lynn, MA For $1,925,000
SOLDMultiFamily

Shashank Kaul Purchases 9-Unit Multifamily Property In Lynn, MA For $1,925,000

137 Franklin Street

$1,925,000

$254/SF

Building Size

7,565 SF

Asset Type

MultiFamily

Closing

Sep 4, 2026

About this deal

AI

The transaction involved a MultiFamily property located at 137 Franklin Street in Lynn, MA. The asset comprises 9 units and has a total square footage of 7,565. The sale price was set at $1,925,000, translating to a price per unit of $213,888 and a price per square foot of $254.

Summary of transaction details:

The Pouladians of North Shore Realty Advisors represented the Seller in this transaction and were instrumental in procuring the Buyer, contributing to a successful conclusion of the deal. The cooperation among the parties helped facilitate this transaction efficiently.

Players

Dan Pouladian

Northshore Realty Advisors

Broker

$315.6M

vol

71 deals

Broker

Shashank Kaul

Buyer

$1.9M

vol

1 deal

Buyer

Roi Ben Itzhak

Seller

$3.9M

vol

2 deals

Seller

Lynn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $254 per square foot on a published $1.9M for 7,565 square feet (2026).

Visit Sara Pouladian to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.24%

Cash-on-Cash

-2.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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