Active
229 Lewis St
Lynn MA, 01902
$3,900,000
$312.00 per sqft
Active
15 Beds
10 Baths
12,500 sqft
Multi-family
Built in 2010
~~~~~7% 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. Laundry mat's business asset comes with the sale for free.
73326316
MLSⓇ ID
January 15, 2025
Listed
February 20, 2025
Updated
Interior Features
Total Stories
10
Bedrooms
15
Total Bathrooms
10
Full Bathrooms
10
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.13 Acres
Lot Features
Corner Lot
Sewer
Public Sewer
Other Property Details
Taxes
$17,946
Tax Frequency
Annually
Days on Market
4
Garage
No
Parking
Paved Drive
Parking Total
2
View
No
County
Essex
Water Source
Public
Zoning
BD
Courtesy of Rebecca Huang, East West Real Estate, LLC
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Data last updated 7:23 PM UTC, 2/20/2025
