88 Franklin St # 101, Lynn MA 01902

Lynn, MA 01902
$349,000
Est. $1,858/month
2
Beds
1
Baths
1,195
Sq Ft
$292
Price/Sq Ft
1890
Year Built
Condominium
Type
104
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73283018

About this home

Welcome to Ladder 3 Lofts. Roll up your sleeves and make this unit shine once more! You will be stepping into a piece of history with this one-of-a-kind, converted firehouse loft. This 2 bedroom 1 bath unit boasts 14-foot tall ceilings, genuine maple hardwood floors, and an abundance of natural sunlight. This is a rare find that perfectly blends historic charm with modern living. The layout is cozy yet spacious, especially with those high ceilings. Open concept floor plan for you to install the kitchen of your dreams! Your own private oasis awaits on the private patio area which is perfect for morning coffee or evening relaxation with a good book. Located in a vibrant neighborhood with easy access to local amenities. Comes with 2 parking spots, a dedicated storage space and pet friendly! This property offers the perfect combination of history, style, and convenience. With a little TLC this unit will be sure to impress.

Sale Statistics

Sale Overview
Original List Price: $399,000
Final Sale Price: $349,000
Difference: $50,000 (-12.5%)
Performance Metrics
87.5%
List to Sale Ratio
Sold below asking price
104
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $334
Sale $/sq ft: $292
This property sold for $292 per square foot
Sale Summary

This property sold for 12.5% below the original asking price.

At 104 days on market, this property took longer than average to sell.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1890
Bedrooms
2
Full Bathrooms
1
Living Area
1,195 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Interior Features

Flooring
Wood, Tile
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Laundry Features
First Floor, In Unit, Washer Hookup
Basement Details
Y

Exterior & Structure

Construction Materials
Brick
Roof
Shingle
Exterior Features
Patio - Enclosed
Patio/Porch Features
Patio - Enclosed
Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Off Street, Deeded, Exclusive Parking

Utilities & Systems

Utilities Available
for Gas Range, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Security Features
Intercom

Community & HOA

Community Features
Public Transportation, Shopping, Laundromat, Public School, T-Station
HOA Fee
$407
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$3,117
Tax Year
2024
Tax Assessed Value
$296,000
Tax Lot
001
Tax Block
718
Tax Map Number
053
Parcel Number
4603473
Zoning
R4

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Building Name
Ladder 3 Lofts

Location

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Neighborhood

88 Franklin St # 101, Lynn MA 01902

Lynn, MA 01902

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $260
Homeowners Insurance $200
HOA Fee $407
PMI $0

Property History

Market Insights

105
Total Days on Market

Property Timeline

Sold
Jan 6, 2025
$349,000
Property sold
Days on Market: 105
🏠
Listed for Sale
Aug 29, 2024
$349,000
Original listing
Agent: Chloe Brown Office: eXp Realty

Price & Status History

Date Event Price Change
Aug 29, 2024 New Listing Added $349,000

Market Statistics

Days on Market
104 days
Price per Sq Ft
$292

Tax History

Year Taxes Assessment
2024 $3,117 $296,000

Financial Details

Annual Property Tax
$3,117
Tax Year 2024
HOA Fee
$407
Monthly
Assessed Value
$296,000

Listing Information

Listing Agent Chloe Brown
Listing Office eXp Realty
Agent MLS ID CN239990
Office MLS ID AN6820

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