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145 Lewis Street Lynn, MA 1902

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For Sale
$6,250,000

25-unit multifamily asset in Lynn's desirable Diamond District.

Type:Multi-family / 5+ Family - 5+ Units Up/Down
Property size:
17,407 SF
Added:
Apr 13, 2026
Days on Market:
9
Last Refresh:
Apr 13 at 8:57 pm

Property Features for 145 Lewis Street

General Information

Standard status
Active
Size
17,407 SF
Property subtype
Multi-family / 5+ Family - 5+ Units Up/Down

Building Details

Year Built
2015

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Listing Contact
Dan Pouladian

Listing agent Dan Pouladian License #9506215

Listing office North Shore Realty Advisors

Listing date Apr 13, 2026

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Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of North Shore Realty Advisors


Overview

Multifamily Asset in Diamond District

This 25-unit multifamily asset is located in the Diamond District of Lynn, MA. The property, held under the same ownership for over 25 years, was fully rebuilt in 2015. The building features twenty-five thoughtfully designed floor plans, including eighteen one-bedroom units, six two-bedroom units, and one three-bedroom/two-bathroom unit. On-site amenities include laundry facilities and storage. The property offers a 6.8% CAP rate on current income, with strong in-place rents and the potential for future growth. No capital improvements are needed to achieve returns.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Lynn
County
Essex
State
Massachusetts
Longitude
-70.9314155
Latitude
42.4659415

FAQs

What type of property is this?
Apartment building - 25-unit multifamily asset in Lynn's desirable Diamond District.
Where is this apartment building located?
The property is located at 145 Lewis Street Lynn, MA.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: Rare 25‑unit multifamily asset in Lynn's desirable Diamond District.; Fully rebuilt in 2015, offering a 10‑year‑young asset.; Attractive 6.8% CAP rate on current income with potential for rent improvement.
More about this property
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