145 Lewis St, Lynn, MA 01902

Building Details

Year Built

2015

Listing office North Shore Realty Advisors j***@lockandkeyma.com Show Phone

Listing date Apr 13, 2026

Source Lockandkeyre

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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.

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

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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.