145 Lewis St
Lynn, MA 01902
33
Bed
26
Bath
17,407Sqft
0.19Acre(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 26 Full Baths: 26Room Information
Total Bedroom: 33 Window Feature: Insulated Windows -
Flooring Information
Tile, Vinyl, Laminate, Wood -
Roofing Information
Rubber -
Interior Features
Roof: Rubber -
Heating & Cooling
WaterSource: Public
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Building Information
Year Built: 2015 Construction Materials: Frame Basement: Full, Finished -
Exterior Features
Rain Gutters, Professional Landscaping, Decorative LightingFoundation Details: Concrete Perimeter
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Lot Information
Lot Description: Corner Lot Lot Size Area: 0.19 Lot Size Units: Acres Lot Square Feet: 8,377 Lot Acres: 0.19 Waterfront: Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public) Stories: 3 Main Square Feet: 0.19Property Information
Property Type: Residential Income Sub Type: 5+ Family - 5+ Units Up/DownSQ ft (Living Area): 17,407
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Listing Price Information
Original Listing Price: $6250000
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Tax Information
Parcel Number: M:094 B:521 L:034,2000221 Annual Tax: $64629
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Utility Information
for Electric Range, for Electric Oven -
Location Information
Direction: Runs parallel to Lynn Shore Drive
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 49 Atlantic Terrace, Lynn, MA, 01902 | $1,250,000 | 4 | 4 | 3,750 | 3,750 SqFt |
| 13 Essex St #2, Lynn, MA, 01902 | $699,999 | 4 | 3 | 3,900 | 3,900 SqFt |
| 10 Williams Ave, Lynn, MA, 01902 | $699,999 | 3 | 2 | 1,222 | 1,222 SqFt |
| 2 Chestnut Terrace, Lynn, MA, 01902 | $589,999 | 3 | 1 | 1,536 | 1,536 SqFt |
| 4-4A Broad St, Lynn, MA, 01902 | $1,190,000 | 9 | 5 | 4,089 | 4,089 SqFt |
| 8 Chestnut St, Lynn, MA, 01902 | $549,000 | 3 | 2 | 1,470 | 1,470 SqFt |
| 40 Archer St, Lynn, MA, 01902 | $729,988 | 5 | 3 | 1,932 | 1,932 SqFt |
| 77-79 Chestnut Street, Lynn, MA, 01902 | $1,850,000 | 13 | 5 | 5,368 | 5,368 SqFt |
| 66 Baltimore Street #66, Lynn, MA, 01902 | $549,900 | 2 | 2 | 1,478 | 1,478 SqFt |
| 22 Porter St, Lynn, MA, 01902 | $585,000 | 3 | 2 | 1,603 | 1,603 SqFt |
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ByOwner last updated this listing 06/22/2026 @ 23:45
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