1 / 32
SIGNAL SCORE
About this property
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.
Property details
| Units | 25 |
| Living area | 17,407 sqft |
| Lot size | 8,377 sqft |
| Year built | 2015 |
| Price / sqft | $345 |
| County | Essex |
| MLS # | 73500404 |
Listing status
| Days on market | 54 days |
| Listed on | April 13, 2026 |
Taxes & financials
| Annual property tax | $64,629 |
| Tax year | 2026 |
| Assessed value | $6,161,700 |
| Zoning | B |
| Gross income (actual) | $610,320/yr |
| Net operating income (actual) | $423,582/yr |
| Total actual rent | $5,500/mo |
Building & lot
| Stories | 3 |
| Total rooms | 83 |
| Lot size | 0.19 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Basement | Full, Finished |
| Foundation | Concrete Perimeter |
| Roof | Rubber |
| Construction | Frame |
| Flooring | Tile, Vinyl, Laminate, Wood |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Electric Range, for Electric Oven |
Location
Listing courtesy of North Shore Realty Advisors — Dan Pouladian. Listing data © MLS PIN.
Interested in this one?
Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 145 Lewis St, Lynn MA 01902 have?
It is a 25-unit multi-family property with 17,407 sqft of living area, built in 2015.
How long has 145 Lewis St, Lynn MA 01902 been on the market?
145 Lewis St, Lynn MA 01902 has been listed for 54 days (since April 13, 2026).
What are the property taxes on 145 Lewis St, Lynn MA 01902?
Annual property taxes are $64,629 (2026), on an assessed value of $6,161,700.
What is the price per square foot?
At $6,000,000 for 17,407 sqft, that's about $345 per square foot.
Where is this property located?
145 Lewis St, Lynn MA 01902 is in Lynn, Essex County, MA 01902.
