Coldwell Banker Realty - Lynnfield
Lynn D'Avolio, Coldwell Banker Realty - LynnfieldPhone: (801) 597-2857
Email: [email protected]
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listing
1 of 15
MultifamilySold
List Price $4,900,000
Sold Price $4,800,000
119 Lewis St
Lynn, MA 01902
Courtesy of Horvath & Tremblay - Stephen Girolamo
MLS Property Information Network
24Beds
24Baths
12,765Sq Ft
Est. Mortgage
$25,393/mo

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.

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Information courtesy of Horvath & Tremblay is subject to verification and is not guaranteed.
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