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You are here:
Home Massachusetts Lynn Multi-Family Homes for Sale

219-229 Lewis St Lynn, MA 01902

57 Days on Boston Pads
23 Photos
$3,995,000
10 Unit
15 Beds
5 Baths
99999 SQFT
0.13 Acre
219-229 Lewis St
Lynn, MA 01902

Property Description

Immaculate 10 unit mixed use brick building. Newer roof, plumbing, electrical, central AC for all units.. 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. (BONUS ALERT, LAUNDROMAT ON FIRST FLOOR COMES WITH THE PROPERTY, ALL EQUIPMENT CONVEY WITH SALE). 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.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 10
  • Total Floors: 4
  • Total Bedrooms: 15
  • Total Full Baths: 5
  • Amenities: Highway Access, House of Worship, Laundromat, Marina, Private School, Public School, Public Transportation, Shopping, T-Station

Financial

  • APOD Available: Yes
  • Gross Operating Income: 301608
  • Gross Expenses: 29860
  • Electric Expenses: 360
  • INSC: 8500
  • Net Operating Income: 271748

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 2010
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Rubber
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73293642
  • Last Updated: 09/28/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
09/27/2024Active$3,995,000$40MLSPIN
09/23/2024New$3,995,000$40MLSPIN

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Map & Resources

Brickett Elementary School

Public Elementary School, Grades: K-5

0.21mi

E. J. Harrington Elementary School

Public Elementary School, Grades: PK-5

0.21mi

Saint Joseph School

School

0.33mi

Cobbet Junior High School

Grades: 7-9

0.43mi

Ingalls School

Public Elementary School, Grades: K-5

0.44mi

North Shore Community College - Lynn Campus

University

0.46mi

Domino's

Pizzeria

0.46mi

Dunkin'

Donut & Coffee Shop

0.46mi

Lynn Fire Department

Fire Station

0.36mi

Galleries at LynnArts

Gallery

0.45mi

Goldfish Pond Park

Municipal Park

0.12mi

Smith Street Playground

Municipal Park

0.23mi

Woodbury Point

Park

0.37mi

Red Rock Park

Park

0.39mi

Kiley Playground

Municipal Park

0.42mi

Sagamore St. Playground

Playground

0.4mi

Sheridan St. Playground

Playground

0.44mi

Evolution Artistic Hair Design

Hairdresser

0.46mi

Dito's Convenience Store

Convenience

0.46mi

Ironbound Marketplace & Food Emporium

Supermarket

0.39mi

Lewis St @ Chestnut St

441
441442
442

0.07mi

Lewis St @ Atlantic St

441
441442
442

0.08mi

Lewis St @ Cherry St

441
441442
442

0.11mi

Lewis St @ Lafayette Park

441
441442
442

0.11mi

Broad St @ Nahant St

441
441442
442

0.23mi

Olive St @ Fayette St

456

0.23mi

11 Olive St

456

0.24mi

Fayette St @ Trinity Ave

456

0.26mi

Seller's Representative: Mark Krasnyansky, eXp Realty
MLS ID#: 73293642

© 2024 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-09-28 09:43:00