145 Lewis St
$6,100,000
33
Beds
26
Baths
17,407
Sqft
- Request Info
- Call
- Save
-
More
- Mortgage Calculator
Property Tools
$6,100,000
33
Beds
26
Baths
17,407
Living Area
-
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.
-
Highlights
- Levels: 3
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 83
- Status: Active
- Property Class: Residential Income
- Stories: 3
- Year Built: 2015
-
Additional Details
- Basement: Full, Finished
- Exterior Features: Rain Gutters, Professional Landscaping, Decorative Lighting
- Foundation: Concrete Perimeter
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: B
- Construction: Frame
- Flooring: Tile, Vinyl, Laminate, Wood
- Lot Features: Corner Lot
- Roof: Rubber
- Total Number of Units: 25
- Year Built Source: Public Records
-
Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Public School, T-Station, University
- Waterfront Features: Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
-
Utilities
- Electric: 220 Volts, Circuit Breakers, Other (See Remarks)
- Water Source: Public
- Sewer: Public Sewer
-
Fees / Taxes
- Assessed Value: $6,161,700
- Taxes: $64,629
- Tax Year: 2026
- Total Rent: $5,500
Similar Listings
Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of North Shore Realty Advisors.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.