229 Lewis St, Lynn, MA 01902

Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
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229 Lewis St,Lynn, MA 01902
$3,900,000
  • 15 Beds
  • 10 Baths
  • 12,500 sq. ft.
  • Multi-family
  • Active
Listed by:rebecca huang
Office:east west real estate, llc
MLS#:73326316
Source:MLSPIN

Price summary

  • Price:$3,900,000
  • Price per sq. ft.:$312

About this home

~~~~ 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. See attached Lease Summary.

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Home facts

  • Year built:2010
  • Listing Id #:73326316
  • Updated:August 14, 2025 at 10:21 AM

Rooms and interior

  • Bedrooms:15
  • Total bathrooms:10
  • Full bathrooms:10
  • Living area:12,500 sq. ft.

Structure and exterior

  • Year built:2010
  • Building area:12,500 sq. ft.
  • Lot area:0.13 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,900,000
  • Price per sq. ft.:$312
  • Tax amount:$17,946 (2024)
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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