$4,900,000
 $26,304 forsale estimated payment Sourced by Back At You

119 Lewis St , Lynn, MA 01902

Lynn, MA 01902

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Description

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.

Details

Mls73279413
Listing TypeFor Sale
StyleAttachd
SubtypeResale
StatusPending
Year1911
Days On Site110
Listing Provided ByHorvath & Tremblay | Stephen Girolamo

Features

Beds24
Baths 24 Total
Sq Feet12,765
PoolYes
Storys3
Units24
ZoningBD
Acreage0.29
Water FrontYes

Market Activity 01902

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Learn More About This Property

StateMA
CountyEssex
CityLynn
Zip Code01902
AreaEssex
Listing VS Median (in 01902)
Price:
$4,900,000
low | high
Med:
$349,000
100% of Average
SqFt:
12,765
low | high
Med:
1,095
100% of Average
$ / SqFt:
$384
low | high
Med:
$321
66.271502246953% of Average
On Site:
110
low | high
Med:
61.500000
100% of Average
Sourced by Back At You
Listing Updated: November 26, 2024 at 9:10:17 PM PST