145 Lewis St, Lynn, MA 01902
145 Lewis St, Lynn, MA 01902
145 Lewis St, Lynn, MA 01902
32
See all 32 photos
$6,100,000
Est. payment /mo
Save
33 Beds
26 Baths
17,407 SqFt
Price Dropped by $150K

145 Lewis St Lynn, MA 01902

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
Eric Coury

Eric Coury

Keller Williams Elite

+1(508) 838-6956

Open House

Mon May 18, 3:00pm - 3:45pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 17,407 sqft

Price per Sqft $350

MLS Listing ID 73500404

Bedrooms 33

Full Baths 26

Year Built 2015

Annual Tax Amount $64,629

Tax Year 2026

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

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.

Location

State MA

County Essex

Zoning B

Direction Runs parallel to Lynn Shore Drive

Rooms

Basement Full, Finished

Interior

Flooring Tile, Vinyl, Laminate, Wood

Exterior

Exterior Feature Rain Gutters, Professional Landscaping, Decorative Lighting

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Public School, T-Station, University

Utilities Available for Electric Range, for Electric Oven

Waterfront Description Ocean,0 to 1/10 Mile To Beach,Beach Ownership(Public)

Roof Type Rubber

Garage No

Building

Lot Description Corner Lot

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by North Shore Realty Advisors
NEARBY SCHOOLS & PROPERTIES

SCHEDULE A PRIVATE TOUR OF THIS HOME

Tricia Coury
Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

Name
Phone
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Keller Williams Elite, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

MORTGAGE CALCULATOR

Estimate your total mortgage payment, including taxes and insurance. Dont forget to consult your financial advisor.
$
$
%
%
Advanced
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.

WHY CLIENTS CHOOSE THE COURY TEAM 

Hear From A Few of Over 200+ Satisfied Past Clients

ASK AN EXPERT! 

Tricia Coury
Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Keller Williams Elite, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

YOUR LOCAL REAL ESTATE EXPERTS

Tricia Coury

View Profile

Tricia Coury

Executive Real Estate Specialist - Team Leader

+1(508) 838-6956

tricia@triciacoury.com

https://www.thecouryteam.com/contact

Eric Coury

View Profile

Eric Coury

Realtor - Team Manager

+1(508) 838-6956

eric@thecouryteam.com

Nathaly Castillo

View Profile

Nathaly Castillo

Transaction Coordinator

+1(727) 203-5117

office@thecouryteam.com

http://www.thecouryteam.com/

Hot Local Markets

READY TO TOUR YOUR DREAM HOME?

145 Lewis St

View More

NEED MORE INFORMATION ABOUT BUYING A HOME?

Name*
Phone
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Keller Williams Elite, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.