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138 Franklin Street

Vijay Raman Purchases Multifamily Property On 138 Franklin Street From Roi Ben Itzhak For $1.995M
SOLDMultiFamily

Vijay Raman Purchases Multifamily Property On 138 Franklin Street From Roi Ben Itzhak For $1.995M

138 Franklin Street

$1,995,000

$282/SF

Building Size

7,072 SF

Asset Type

MultiFamily

Closing

Jun 11, 2026

AI

The property asset involved in the transaction is located at 138 Franklin Street, Lynn, MA. It is a multifamily asset comprising 8 units with a total square footage of 7,072. The sale price for this transaction is $1,995,000, resulting in a price per unit of $249,375 and a price per square foot of $282.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,995,000
  • Number of Units: 8
  • Square Footage: 7,072
  • Price Per Unit: $249,375
  • Price Per Square Foot: $282
  • Buyer: Vijay Raman
  • Seller: Roi Ben Itzhak
  • Brokers: Dan Pouladian & Sara Pouladian - Northshore Realty Advisors

Key individuals in this transaction include the buyer, Vijay Raman, and the seller, Roi Ben Itzhak, both of whom are instrumental in the completion of the deal. The broker representatives for this transaction, Dan Pouladian and Sara Pouladian, are from Northshore Realty Advisors, indicating their role in facilitating the sale.

Players

Dan Pouladian

Northshore Realty Advisors

Broker

$304.3M

vol

68 deals

Broker

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

7.95%

Cash-on-Cash

-2.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93