Listing Tools

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.

More Info

Basic Information

  • Gross Income $610,320
  • Lot Features Corner Lot
  • Mls StatusPrice Changed
  • Parcel Number M:094 B:521 L:034,2000221

Tax Information

  • Tax Assessed Value $6,161,700
  • Tax Year 2026
  • Taxes$64,629

Parking

  • Open Parking YN Yes
  • Parking Spaces

Rooms

  • Bathroom26
  • Bathrooms Total Decimal 26
  • Bedrooms33
  • Full Bath26

Basic Information

  • List Price$6,000,000
  • MLS Number73500404
  • Modification Date06/02/2026
  • Property SubType5+ Family - 5+ Units Up/Down

Location

  • Address145 Lewis Street
  • Building Number145
  • CountyEssex
  • StateMA
  • StreetLewis Street
  • TownLynn
  • Zip01902

Building

  • BasementFull, Finished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • Door Features Insulated Doors
  • FoundationConcrete Perimeter
  • Levels 3
  • Rooms83
  • Stories3
  • Units25
  • Utilities For Electric Range, For Electric Oven
  • Window Features Insulated Windows
  • Year Built2015
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.19

Interior

  • Flooring Tile, Vinyl, Laminate, Wood

Exterior

  • Exterior Features Rain Gutters, Professional Landscaping, Decorative Lighting
  • RoofRubber

Utilities

  • Electric 220 Volts, Circuit Breakers, Other (See Remarks)
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 17,407
  • Lot Size Square Feet 8,377
  • Lot Size Units Acres
  • Square Feet17,407

Amenities

  • Amenities
    • Laundromat
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • University
    • Walk/Jog Trails
  • Green Energy Efficient Varies per Unit
  • Other AmenitiesBasement

Water Body

  • Miles to Beach0.1
  • Waterfront Features Ocean,0 to 1/10 Mile To Beach, Beach Ownership(Public)

Other

  • Date Listed04/13/2026
  • Farm Land Area Units Square Feet
  • View Count3

Map Location

Driving Directions

Listed by Dan Pouladian of North Shore Realty Advisors

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from Castles Unlimited. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.