MA > Lynn
Lynn, MA 01902,229 Lewis St
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Lynn, MA 01902,229 Lewis St
Lynn, MA 01902,229 Lewis St
Lynn, MA 01902,229 Lewis St
Lynn, MA 01902,229 Lewis St
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Lisa Sevajian

Lisa Sevajian

+1(978) 457-3406
$ 3,900,000
Est. payment /mo
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Active

229 Lewis St Lynn, MA 01902

15 Beds

10 Baths

12,500 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,500 sqft

Price per Sqft $312

MLS Listing ID 73326316

Bedrooms 15

Full Baths 10

Year Built 2010

Annual Tax Amount $17,946

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type 5-9 Family

Property Description

~~~~~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.

Location

State MA

County Essex

Zoning BD

Direction Corner of Lewis and Chestnut

Exterior

Community Features Shopping

Total Parking Spaces 2

Garage No

Building

Lot Description Corner Lot

Story 10

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by East West Real Estate, LLC
agent

Lisa Sevajian

Agent | License ID: 95000355

+1(978) 457-3406

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229 Lewis St

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