229 Lewis Street
$3,900,000
15
10
12,500
12,500
$312
New
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....~~~~~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.
- Listed by Rebecca Huang • East West Real Estate, LLC
Property Details for 229 Lewis Street
Town
Lynn
AreaMA-Lynn
Garage Spaces0
Parking Spaces2.00
Parking Spaces Total2
LISTING UPDATED: 01/15/2025 11:10 AM
Property Details for 229 Lewis Street
Status | New |
---|---|
MLS # | 73326316 |
Days on Market | 1 |
Taxes | $17,946 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 5-9 Family |
Year Built | 2010 |
County | Essex County |
Building Information for 229 Lewis Street
Stories10Residences10Year Built2010Building Size-Lot Size0.13 AC / 5,655 SF
Property Information for 229 Lewis Street
Property History for 229 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.
Schools near 229 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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