Unit Information
Listed at a 6.99% cap rate on current income, 119 Lewis St is a three-story brick building and contains twenty-four total units, consisting of twenty-one 1-Bedroom/1-Bathroom units and three two-room Studio units. Over the last several years, the current ownership has renovated hallways and common areas, and installed a new rubber roof and new windows. Each unit is separately metered for electricity, which the tenants pay directly. There is a coin-op laundry room on-site for tenants. 119 Lewis Street is well-located in a densely populated residential neighborhood adjacent to downtown Lynn, with convenient access to both local and regional transportation, as well as retail amenities around Lynn’s Central Square.
- Additional Details
- Status: ACT
- Type: Multi-Family, 5+ Family - 5+ Units Up/Down
- Zip Code: 01902
- Living Levels: 3
- Rooms and Dimensions
- Total Units: 24
- Total Floors: 3
- Total Rooms: 69
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$4,900,000
- Listing ID: 73279413
- Bedrooms: 24
- Full Baths: 24
- Living Area: 12,765 sqft Convert
- Lot Size: 12,632 sqft Convert
- Acres: 0.29
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Luxury Residential Group
(617) 233-5800
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