Updated Sep 8, 2026
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:
- Property Type: MultiFamily
- Transaction Amount: $1,925,000
- Units: 9
- Square Footage: 7,565
- Price Per Unit: $213,888
- Price Per Square Foot: $254
- Buyer: Shashank Kaul
- Seller: Roi Ben Itzhak
- Brokers: Dan Pouladian & Sara Pouladian - Northshore Realty Advisors
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
Lynn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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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