Off Market
145 Lewis St, Lynn, MA
Lynn · MA 01902
- $5,850,000
- Price
- 33
- Beds
- 26
- Baths
- 17407
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 2015
Units:
25 Units
Lot size:
8,377 Sq.Ft Lot
Price per square foot:
$336 / Sq.Ft
Parking:
No Parking
About this home
We are pleased to present a rare opportunity to acquire 145 Lewis Street, a 25-unit multifamily asset located in the highly desirable Diamond District of Lynn, MA. Held by the same ownership for more than 25 years and fully rebuilt in 2015. The property offers investors a 6.8% CAP rate on current income on this 10-year-young asset with strong in-place rents and ability to improve for future growth and no capital improvements needed to achieve returns. The building consists of twenty-five (25) thoughtfully designed floor plans, including eighteen (18) one-bedroom units, six (6) two-bedroom units, and one (1) three-bedroom/two-bathroom unit. This desirable unit-mix along with amenities such as laundry facilities and on-site storage create long term revenue stream and tenant retention.
Neighborhood & Transit
145 Lewis St, Lynn · MA 01902
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Lynn Interim Commuter Rail 1 route 0.46 mi
- Newburyport/Rockport Line
Price Insight
- Days on Market:
- 195 days
- Listing Price:
- $5,850,000
- Price per Sq.Ft:
- $336
- Tax Assessment:
- $6,161,700 in 2026
- Taxes:
- $5,386 / Monthly
Home Facts
Interior Features
- Bedrooms
- 33
- Full Bathrooms
- 26
- Half Bathrooms
- 0
- Living Area
- 17,407 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 17407
- Flooring
- Unknown
- Lead paint
- None
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- 220 Volts, Circuit Breakers, Other (See Remarks)
Exterior Features
- Lot Size
- 8,377 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
Construction Details
- Construction Type
- Unknown
- Siding
- Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Dan Pouladian
- Listing office
- North Shore Realty Advisors
- MLS PIN #
- 73500404