$3,900,000

229 Lewis St, Lynn, MA 01902

  • 10 baths |
  • 12,500 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2010
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $312/sqft
  • Property List Date Icon Listed 4 months ago

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. See attached Lease Summary.

Listing Status:
Active
Listing Office:
East West Real Estate, LLC : 617-479-6666
Listing Agent:
Rebecca Huang : 617-888-0018
MLS ID:
73326304
  • Originating MLS: MLS Property Information Network
  • County: Essex

This listing courtesy of Rebecca Huang, East West Real Estate, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Brickett Elementary School

123 Lewis St, Lynn, MA, 01902

Grades KG-5

0.20 miles away

T

Thurgood Marshall Middle School

100 Brookline St, Lynn, MA, 01902

Grades 6-8

0.50 miles away

L

Lynn English High School

50 Goodridge St, Lynn, MA, 01902

Grades 9-12

0.98 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.