loading loader
Your search results

229 Lewis St, Lynn MA 01902 – 15 bed 10 bath For Sale – 73326316

$ 3,900,000
229 Lewis St, Lynn MA 01902,

Overview

  • Updated On:
  • September 10, 2025
  • listingid
  • 73326316
  • 15 Bedrooms
  • 10 Bathrooms
  • 0 Garage Spaces
  • 2 Non-Garage Parking Spaces
  • 2010

Description

~~~~ High Return Ratio ~~~ 10 unit mixed use brick building built from ground up in 2010. Newer roof, newer plumbing, newer electrical, central AC all commercial grade. Hard wired smoke and sprinkler system as well. Property consists of (5) commercial retail units on first level. (Five) 3 bed 1 bath apartments on 2nd and 3rd floors in excellent condition. Washer and dryer hookups in all apartments. Tenants pay all utilities. All tenants have leases. Commercial tenants have rate increases built in yearly. Absolutely no deferred maintenance, nothing to do but collect your rents and watch as they increase. See attached Lease Summary.

This property is listed by Rebecca Huang from East West Real Estate, LLC

Property Listing Details

Overview

MLS Status
Price $ 3,900,000
Living Area 12,500.00 ft2
Bedrooms 15
Total Rooms 25
Listing MLS ID 73326316
Days on Market 237
Bathrooms 10

Unit Information

Bedrooms 15
Full Bathrooms 10
Half Bathrooms 0
Cooling
Heating
Uncovered Parking 2
Garage Parking 0
Water View
Unit Level
Common Walls
Laundry Features
Lead Paint None
Outdoor Space Available
Living Area Includes Basement
Patio And Porch Features
Parking Features Paved Drive
Waterview Features
Flooring

Building Information

Building Name
Units in Building 10
Pets Allowed
Association Amenities
Pool Features
Waterfront Features
Association Fee Includes
Construction Materials
Year Built 2010
Security Features
Sewer Public Sewer
Spa Features
Structure Type
Water Source Public
Basement
Roof

Additional Details

Community Features Shopping
Disclosures Seller is the owner of Laundromat. Business and equipment convey with the sale. After all expenses paid, roughly 5k $ profit per month. This is expressed in total NOI. Seller's agent make no representation. Buyer/ Buyer agent to do their own due diligence for all accurate info prior to contract.
Last Updated September 10, 2025 at 05:00am
Building Area Source Public Records
MLS PIN Page
Parcel Number M:093 B:519 L:026
Original List Price 3900000
Listing Office east west real estate, llc
Tax Annual Amount 17946.27
Tax Assessed Value 1704300
Tax Book Number 0
Tax Year 2024
Year Built Details Actual, Approximate
Year Built Source Public Records
Zoning BD
Listing Agent rebecca huang

Property Address

Address: 229 Lewis St, Lynn MA 01902
City:
State/County:
Zip: 01902
Country: US

Amenities and Features

Other Features
Open Parking

Payment Calculator

$ 22,345.98
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 18,705.98

Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

What's Nearby

There are no results found for this property address.

Schedule a tour

Tue 30 Sep
Wed 01 Oct
Thu 02 Oct
Fri 03 Oct
Sat 04 Oct
Sun 05 Oct
Mon 06 Oct
Tue 07 Oct
Wed 08 Oct
Thu 09 Oct
In Person
Video Chat
Your information

Contact Me

Schedule a showing?
You can reply to private messages from "Inbox" page in your user account.

Similar Listings

34
Residential Income
Active

17 Collins St, Lynn MA 01902 – 5 bed 3...

$ 799,900
2 Family in sought after neighborhood in Lynn to be delivered vacant! First unit has 5 roo ...
5 3 2,993.00 ft2details
16
Residential Income
Active

447 Boston St, Lynn MA 01905 – 7 bed 3...

$ 970,000
Motivated seller! Huge 3 family located mins from Market Basket can be your today. Email v ...
7 3 3,802.00 ft2details
41
Residential Income
Active

19 Hood St, Lynn MA 01905 – 9 bed 5 ba...

$ 999,000
Welcome to 19 Hood St in Lynn! This spacious residence offers over 4,000 sqft. of living s ...
9 4.5 4,051.00 ft2details

229 Lewis St, Lynn MA 01902 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

Property Details

229 Lewis St, Lynn MA 01902 – 15 bed 10 bath For Sale – 73326316

$ 3,900,000

Status:

229 Lewis St, Lynn MA 01902, , , 01902

Country: US

Property Overview

MLS #: 73326316

Type: /

Action:

Year Built: 2010 (Actual, Approximate, Source: Public Records, Effective: )

Living Area: 12,500.00 ft2 (Total: 12500 Square Feet, Source: Public Records)

Lot Size: 0.13 ft2 (Area: 0.13 Acres, SqFt: 5655)

Total Rooms: 25

Condition:

Availability:

Building Name:

Interior Features

Bedrooms: 15 (Main Level: )

Bathrooms: Total: 10 (Full: 10, Half: 0, Decimal: 10, Main Level: )

Basement:

Fireplaces: 0 ()

Flooring:

Laundry:

Window Features:

Door Features:

Accessibility:

Entry: Level , Location:

Other Equipment:

Construction & Design

Style:

Materials:

Foundation: Concrete Perimeter (Area: )

Roof:

Stories: 6 (6)

Common Walls:

Body Type:

Utilities & Green Features

Heating:

Cooling:

Water Source: Public

Sewer: Public Sewer ()

Utilities:

Electric: (Expense: )

Gas:

Energy Certificate:

Green Energy Efficient:

Green Energy Generation:

Green Indoor Air Quality:

Green Water Conservation:

Insulation:

Exterior & Lot Features

Garage Spaces: 0

Covered Spaces: 0

Parking Total: 2

Parking Features: Paved Drive

Pool:

Spa:

Patio/Porch:

Fencing:

Lot Features: Corner Lot

View: (, Waterview Y/N: )

Waterfront:

Road Frontage: ()

Road Surface:

Road Responsibility:

Other Structures:

Horse Amenities:

Wooded Area:

Pasture Area:

Cultivated Area:

Additional Parcels: (Number: )

Outdoor Space:

Community & Association

Community Features: Shopping

Association Fee: ()

Fee Includes:

Association Amenities:

Pets Allowed:

Schools: E: , M: , H:

Zoning: BD ()

MLS Area: Major: , Minor:

Management:

Optional Fee: (Includes: )

Property Description

~~~~ High Return Ratio ~~~ 10 unit mixed use brick building built from ground up in 2010. Newer roof, newer plumbing, newer electrical, central AC all commercial grade. Hard wired smoke and sprinkler system as well. Property consists of (5) commercial retail units on first level. (Five) 3 bed 1 bath apartments on 2nd and 3rd floors in excellent condition. Washer and dryer hookups in all apartments. Tenants pay all utilities. All tenants have leases. Commercial tenants have rate increases built in yearly. Absolutely no deferred maintenance, nothing to do but collect your rents and watch as they increase. See attached Lease Summary.

Room Details

Living Room (): x ( sqft) - Features:

Dining Room (): x ( sqft) - Features:

Kitchen (): x ( sqft) - Features:

Master Bedroom (): x ( sqft) - Features:

Master Bathroom: Features:

Laundry Dimensions:

Multi-Unit Information (if applicable)

Total Units: 10

Units Owner Occupied:

Unit 1: Beds: 3, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 3000, Lease: Y

Unit 2: Beds: 3, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 2100, Lease: Y

Unit 3: Beds: 3, Full Baths: 1, Half Baths: 0, Levels: 2, Rent: 2100, Lease: Y

Unit 4: Beds: 3, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 2100, Lease:

Complex Complete:

Unit Building:

Financial & Lease Information

Tax Annual Amount: 17946.27 (Year: 2024)

Tax Assessed Value: 1704300

Tax Block/Lot/Book/Map: / / 0 /

Parcel Number: M:093 B:519 L:026

Special Licenses:

Current Financing:

Gross Income: 298080 (Scheduled: )

Net Operating Income: 127940

Operating Expense: 8860 (Water/Sewer: 360, Insurance: 8500)

Financial Data Source:

APOD Available: Yes

Tenant Pays:

Rent Includes:

Total Actual Rent: 24840

Lease Term: (Existing Type: )

Deposit Required: (Security: , First Month: , Last Month: )

Insurance Required:

References Required:

Listing & Agent Information

Listing Agent: Rebecca Huang (MLS ID: CN207682) / Team:

Listing Office: East West Real Estate, LLC (MLS ID: AN2376)

Agent (Property):

Buyer Agent MLS ID:

Buyer Office MLS ID:

Listing Agreement: Exclusive Right To Sell

Listing Contract Date: 2025-01-15

Expiration Date: 1900-01-01

Original List Price: 3900000

Price Per SqFt (List): 312

Market Time (Property): 237 (Broker: 237, Prev Broker: 0, Prev Property: 0)

MLS Status: Extended

Possession:

Directions: Corner of Lewis and Chestnut

Disclosures: Seller is the owner of Laundromat. Business and equipment convey with the sale. After all expenses paid, roughly 5k $ profit per month. This is expressed in total NOI. Seller's agent make no representation. Buyer/ Buyer agent to do their own due diligence for all accurate info prior to contract., N

Lead Paint: None

Title 5:

Exclusions:

Contingency:

Special Listing Conditions:

Lender Owned:

Short Sale Lender Approval Required:

Home Warranty Y/N:

Documents Available: (Count: )

Showings Deferral Date:

Open House Flag:

Listing Alert: No

Square Feet Disclosures: (Incl. Base: No, Other: )

Master Book/Page: / (Page: 0)

Sale Information (if applicable)

Close Date:

Close Price:

Price Per SqFt (Sold):

Anticipated Sold Date:

Concessions Amount:

Purchase Contract Date:

Sold vs Rent:

System Information

Property ID: 1620371

Modification Timestamp: September 10, 2025 at 05:00am

Bridge Modification Timestamp: September 10, 2025 at 05:04am

Original Entry Timestamp: January 15, 2025 at 04:04pm

Status Change Timestamp: September 10, 2025 at 05:00am

Off Market Date:

Development Status:

Business Type:

Actions & Sharing

Download PDF View on Our Site add to favorites

Page Views: 62

Compare Listings