32 Total Photos [Click to View All]
Listing Details
- $6,250,000
- MLS# 73500404
- Type Multi Unit - Multiple
- Status Active
Listed By
Agency Name: North Shore Realty Advisors
Agency Phone: 617-548-7737
Agent Name: Dan Pouladian
Shown By
Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080
Home Value Estimate
Description
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....read more
Features
- Tile
- Vinyl
- Laminate
- Wood
- 3.0 Stories
- $64,629 Taxes
- Public
- Built in 2015
Gallery
Listed By
Agency Name: North Shore Realty Advisors
Agency Phone: 617-548-7737
Agent Name: Dan Pouladian
Shown By
Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080
Print This Listingx
Select a format below, new window will open and will prompt you to print.
