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145 Lewis St, Lynn MA 01902

$6,100,000

Estimated $15,277/month Calculator

Multi Family

Total Units: 25

Price Per Unit: $244,000

Total Rent: 66000/year

Estimated CAP Rate:

33 Bedrooms

Baths

17407

Total Parking: 0

8,377 (0.19)

We are pleased to present a rare opportunity to acquire 145 Lewis Street, a 25-unit multifamily asset located in the highly desirable Diamond District of Lynn, MA. Held by the same ownership for more than 25 years and fully rebuilt in 2015. The property offers investors a 6.8% CAP rate on current income on this 10-year-young asset with strong in-place rents and ability to improve for future growth and no capital improvements needed to achieve returns. The building consists of twenty-five (25) thoughtfully designed floor plans, including eighteen (18) one-bedroom units, six (6) two-bedroom units, and one (1) three-bedroom/two-bathroom unit. This desirable unit-mix along with amenities such as laundry facilities and on-site storage create long term revenue stream and tenant retention.

This home has been viewed 21 times

Last Checked: June 15th, 2026 at 5:04am (Source: MLS PIN #73500404)

Gross Income: $66,000

Gross Expenses: $64,629

Net Income Calc: $1,371

Water Views

Annual Expenses for 145 Lewis St, Lynn MA 01902

Total Gross Expenses (Calculated)$64,629/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax64629

Annual Income & Unit Breakdown for 145 Lewis St, Lynn MA 01902

Total Gross Income (Calculated)$66,000

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms2 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bathrooms

Rent Includes

Unit 4

Rental Income$0

Lease

Bathrooms

Rent Includes

General Information for 145 Lewis St, Lynn MA 01902

Listing ID73500404

Property TypeMulti Family

Price6100000 ($350.43/SqFt)

Style5+ Family - 5+ Units Up/down

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total17407

Approximate Lot Size (Acres)0.19

Total Parking0

Garage Parking0

Year Built2015

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningB

Water ViewsYes

Water Views FeaturesBay

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 145 Lewis St, Lynn MA 01902

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsRefrigerator And Some Personal Belongings

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 145 Lewis St, Lynn MA 01902

Real Estate Taxes64629

Tax Year2026

Assessed Value$6,161,700

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 145 Lewis St, Lynn MA 01902

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 145 Lewis St, Lynn MA 01902

Agent

Name: Dan Pouladian

Office

Name: North Shore Realty Advisors

Phone: 617-548-7737

Team Members

Payment Calculator

, Interest

Property Taxes 5385.75

Principal & Interest 37586.26

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

North Shore Realty Advisors

Dan Pouladian

Agent Phone

Office Phone

(617) 548-7737

Text Agent Call Agent Call Office

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    [unparsed] => 145 Lewis St, Lynn MA 01902
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EXIT

29 More Photos

Active

145 Lewis St, Lynn MA 01902

$6,100,000

Annual Expenses for 145 Lewis St, Lynn MA 01902

Annual Income & Unit Breakdown for 145 Lewis St, Lynn MA 01902

General Information for 145 Lewis St, Lynn MA 01902

Disclosures for 145 Lewis St, Lynn MA 01902

Financial Information for 145 Lewis St, Lynn MA 01902

Location Information for 145 Lewis St, Lynn MA 01902

Contact Information for 145 Lewis St, Lynn MA 01902

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

North Shore Realty Advisors

Dan Pouladian