119 Lewis St Lynn, MA 01902
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyEssex
- Taxes$46,730
- HOA/Condo/Coop Fees$0
- Days on Site61 Days
- MLS StatusPending
- MLS ID Number73279413
- Home Size Source Public Records
- Year Built1911
- Lot Size0.29 Acres
- Full Baths24
- Partial BathsN/A
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General Features
- Parking Spaces 0
- Sewer Public Sewer
- Number of Stories 3
- Acreage 0.29
- Water Public
- Property Sub Type Multi Family
- Garage Spaces 0
- Foundation Brick/Mortar
- Zoning BD
- Sub-Agency Relationship Offered No
- Garage 0
- Electricity Individually Metered
Interior Features
- Fireplaces 0
- Fireplace No
Exterior Features
- Roof Rubber
- Spa No
- Waterfront Property No
- Waterfront Features Beach Front1/2 to 1 Mile To Beach
- Lot Corner Lot
- Lot Features Corner Lot
- Waterview Features Beach Front1/2 to 1 Mile To Beach
Community Features
- Community Features Public TransportationShoppingPoolTennis Court(s)ParkWalk/ Jog TrailsMedical FacilityLaundromatHighway AccessHouse of WorshipMarinaPrivate SchoolPublic SchoolT- StationUniversityWalk/Jog TrailsT-Station
- Senior Community No
- Adult Care Community No