MA > Lynn
Lynn, MA 01902,229 Lewis St
Lynn, MA 01902,229 Lewis St
Lynn, MA 01902,229 Lewis St
25
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$3,900,000
Est. payment /mo
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15 BD
10 BA
12,500 SqFt
Active

229 Lewis St Lynn, MA 01902

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Eric Coury

Eric Coury

+1(401) 996-7660

UPDATED:

01/19/2025 08:05 AM

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

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Tricia Coury

Executive Real Estate Specialist - Team Leader

+1(508) 838-6956 | tricia@triciacoury.com

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Tricia Coury

Executive Real Estate Specialist - Team Leader

+1(508) 838-6956 | tricia@triciacoury.com

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By checking this box, I agree by electronic signature to (1) the Electronic Disclosure Consent; (2) receive recurring marketing communication from or on behalf of The Coury Team Homes - KW ELITE, including auto-dialed calls, texts, and prerecorded messages (consent not required to make a purchase; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for help); and (3) the Terms of Service and Privacy Policy of this website. I understand that I can call +1(401) 996-7660 to obtain direct assistance.

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Tricia Coury

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Tricia Coury

Executive Real Estate Specialist - Team Leader

+1(508) 838-6956

tricia@triciacoury.com

Eric Coury

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Eric Coury

Realtor - Team Manager

+1(401) 996-7660

eric@thecouryteam.com

Scott Garcia

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Nathaly Castillo

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By checking this box, I agree by electronic signature to (1) the Electronic Disclosure Consent; (2) receive recurring marketing communication from or on behalf of The Coury Team Homes - KW ELITE, including auto-dialed calls, texts, and prerecorded messages (consent not required to make a purchase; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for help); and (3) the Terms of Service and Privacy Policy of this website. I understand that I can call +1(401) 996-7660 to obtain direct assistance.