MA > Lynn
Lynn, MA 01902,229 Lewis St
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Lynn, MA 01902,229 Lewis St
Lynn, MA 01902,229 Lewis St
Lynn, MA 01902,229 Lewis St
Lynn, MA 01902,229 Lewis St
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John J. Dean Jr.

John J. Dean Jr.

Engel & Völkers Americas

+1(617) 553-1926
$ 3,900,000
Est. payment /mo
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Active

229 Lewis St Lynn, MA 01902

12,500 SqFt

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 12,500 sqft

Price per Sqft $312

MLS Listing ID 73326304

HOA Y/N false

Year Built 2010

Annual Tax Amount $17,946

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

Property Description

~~~~~High 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

Total Parking Spaces 2

Others

Senior Community false

Listed by East West Real Estate, LLC
agent

John J. Dean Jr.

Real Estate Advisor | License ID: 9512783

+1(617) 553-1926

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