Pending

Under Agreement

119 Lewis St

Lynn MA, 01902

$4,900,000


$383.86 per sqft

Pending

Under Agreement

24 Beds

24 Baths

12,765 sqft

Multi-family

Built in 1911

Listed at a 6.99% cap rate on current income, 119 Lewis St is a three-story brick building and contains twenty-four total units, consisting of twenty-one 1-Bedroom/1-Bathroom units and three two-room Studio units. Over the last several years, the current ownership has renovated hallways and common areas, and installed a new rubber roof and new windows. Each unit is separately metered for electricity, which the tenants pay directly. There is a coin-op laundry room on-site for tenants. 119 Lewis Street is well-located in a densely populated residential neighborhood adjacent to downtown Lynn, with convenient access to both local and regional transportation, as well as retail amenities around Lynn's Central Square.

73279413

MLS ID

August 19, 2024

Listed

October 2, 2024

Updated

Map

119 Lewis St
Lynn MA, 01902

Interior Features

Total Stories

3


Bedrooms

24


Total Bathrooms

24


Full Bathrooms

24


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.29 Acres


Lot Features

Corner Lot


Roof

Rubber


Sewer

Public Sewer

Other Property Details

Taxes

$46,730


Tax Frequency

Annually


Days on Market

33


Garage

No


Parking Total

0


View

No


County

Essex


Water Source

Public


Pool

No


Zoning

BD

Listing History

Date

Event

Price

9/21/2024

Pending

 

Courtesy of Stephen Girolamo, Horvath & Tremblay

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Data last updated 1:01 AM UTC, 10/2/2024

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