119 Lewis Street
$4,800,000
24
24
12,765
12,765
$376
Sold 12/13/24
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...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.
- Listed by Stephen Girolamo • Horvath & Tremblay
Property Details for 119 Lewis Street
Town
Lynn
AreaMA-Lynn
Garage Spaces0
Parking Spaces.00
LISTING UPDATED: 12/13/2024 01:25 PM
Property Details for 119 Lewis Street
Status | Sold |
---|---|
MLS # | 73279413 |
Days on Market | 33 |
Taxes | $46,730 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 5+ Family - 5+ Units Up/Down |
Year Built | 1911 |
County | Essex County |
Building Information for 119 Lewis Street
Stories3Residences24Year Built1911Building Size-Lot Size0.29 AC / 12,632 SF
Property Information for 119 Lewis Street
Property History for 119 Lewis Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 119 Lewis Street
Taxable ValueLand$1,968,000Additions$2,469,800Total$4,437,800
Tax Record2024$46,730 ($3,894 / month)
Home Facts
Baths24Total Finished SqFt12,765 SqFtAbove Grade Finished SqFt12,765 SqFtUnfinished Basement SqFt4,237 SqFtStories3Lot Size7,186 SqFtStyleMulti-Family Res (5+ Units)Year Built1911ZoningBDCountyESSEXAPNLYNN M:094 B:522 L:035
Schools near 119 Lewis Street
This home is within Lynn School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 1 to 5 | |||
Public - | 6 to 8 | |||
Public - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Brickett Elementary School PublicK to 5 | ||
William R Fallon Elementary School Public1 to 5 | ||
Thurgood Marshall Middle School Public6 to 8 | ||
Fecteau-Leary Junior/Senior High School Public6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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