Off Market
229 Lewis St, Lynn, MA
Lynn · MA 01902
- $3,900,000
- Price
- 15
- Beds
- 10
- Baths
- 12500
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 2010
Units:
10 Units
Lot size:
5,655 Sq.Ft Lot
Price per square foot:
$312 / Sq.Ft
Parking:
2 Off Street Spaces
About this home
~~~~ High Return Ratio ~~~ 10 unit mixed use brick building built from ground up in 2010. Newer roof, newer plumbing, newer electrical, central AC all commercial grade. Hard wired smoke and sprinkler system as well. Property consists of (5) commercial retail units on first level. (Five) 3 bed 1 bath apartments on 2nd and 3rd floors in excellent condition. Washer and dryer hookups in all apartments. Tenants pay all utilities. All tenants have leases. Commercial tenants have rate increases built in yearly. Absolutely no deferred maintenance, nothing to do but collect your rents and watch as they increase. See attached Lease Summary.
Neighborhood & Transit
229 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 0.31 mi
- Newburyport/Rockport Line
Price Insight
- Days on Market:
- 657 days
- Listing Price:
- $3,900,000
- Price per Sq.Ft:
- $312
- Tax Assessment:
- $1,704,300 in 2024
- Taxes:
- $1,496 / Monthly
Home Facts
Interior Features
- Bedrooms
- 15
- Full Bathrooms
- 10
- Half Bathrooms
- 0
- Living Area
- 12,500 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 12500
- Flooring
- Unknown
- Lead paint
- None
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 5,655 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 2 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Rebecca Huang
- Listing office
- East West Real Estate, LLC
- MLS PIN #
- 73326316
- Disclosure
- Seller is the owner of Laundromat. Business and equipment convey with the sale. After all expenses paid, roughly 5k $ profit per month. This is expressed in total NOI. Seller's agent make no representation. Buyer/ Buyer agent to do their own due diligence for all accurate info prior to contract.