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    Multifamily Asset in Diamond District Title is generated by Realmo AI

    145 Lewis St, Lynn, MA 01902

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    For Sale
    $6,250,000

    25-unit multifamily asset in Lynn, MA, rebuilt in 2015.

    Type:5+ Family - 5+ Units Up/Down
    Property size:
    17,407 SF
    Price / SF:
    $359/SF
    Added:
    Apr 13, 2026
    Days on Market:
    76
    Last Refresh:
    Apr 20 at 6:28 pm

    Property Features for 145 Lewis St

    General Information

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

    Building Details

    Year Built
    2015

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    Dan Pouladian

    Listing office North Shore Realty Advisors

    Listing date Apr 13, 2026

    Source Lockandkeyre

    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

    HighLights

    • 25‑unit multifamily asset in Lynn's desirable Diamond District.
    • Fully rebuilt in 2015, offering a relatively new construction.
    • 6.8% CAP rate on current income.
    • Strong in‑place rents with potential for future growth.
    • Desirable unit mix: 18 one‑bedroom, 6 two‑bedroom, and 1 three‑bedroom/two‑bathroom units.
    • Laundry facilities and on‑site storage enhance tenant appeal.

    Overview

    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. Amenities include laundry facilities and on-site 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

    • Map
    • 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, MA, rebuilt in 2015.
    Where is this apartment building located?
    The property is located at 145 Lewis St 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: 25‑unit multifamily asset in Lynn's desirable Diamond District.; **Fully rebuilt in 2015, offering a relatively new construction.**; 6.8% CAP rate on current income.
    More about this property
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