229 Lewis St, Lynn, MA 01902 (MLS # 73326316)
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~~~~~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.
| LAST UPDATED | 1/15/2025 | YEAR BUILT | 2010 |
|---|---|---|---|
| COUNTY | Essex | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| LOT | 5663 sq ft |
|---|---|
| LOT DESCRIPTION | Corner Lot |
| PARKING | Paved |
| SEWER | Public Sewer |
| STORIES | 10 |
| TAXES | 17946.27 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Listing provided by Rebecca Huang, East West Real Estate, LLC
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