229 Lewis St, Lynn, MA 01902

1 of 25

MultifamilyFor Sale

$3,900,000

229 Lewis St

Lynn, MA 01902

Courtesy of East West Real Estate, LLC - Rebecca Huang

MLS Property Information Network

15Beds

10Baths

12,500Sq Ft

Est. Mortgage

$20,231/mo

~~~~~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.

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Information courtesy of East West Real Estate, LLC is subject to verification and is not guaranteed.

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