Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

229 Lewis St

Lynn, MA ID #73326316

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229 Lewis St

- Lynn, MA ID #73326316

Property Description

~~~~~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.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5-9 Family
  • Zip Code: 01902
  • Taxes: 17,946
  • Living Levels: 10
  • Acres: 0.13

Parking

  • Parking: Paved Drive
  • Parking Spaces: 2

Rooms/Dimensions

  • Total Units: 10
  • Total Floors: 10
  • Total Rooms: 25

Location

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229 Lewis St, Lynn, MA

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Content © 2025 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Rebecca Huang of East West Real Estate, LLC. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.