Listed at a 6.99% cap rate on current income, 119 Lewis St is a three-story brick building and contains twenty-four total units, consisting of twenty-one 1-Bedroom/1-Bathroom units and three two-room Studio units. Over the last several years, the current ownership has renovated hallways and common areas, and installed a new rubber roof and new windows. Each unit is separately metered for electricity, which the tenants pay directly. There is a coin-op laundry room on-site for tenants. 119 Lewis Street is well-located in a densely populated residential neighborhood adjacent to downtown Lynn, with convenient access to both local and regional transportation, as well as retail amenities around Lynn’s Central Square.
Sold for $4,800,000
$4,800,000
119 Lewis St, Lynn, MA 01902
24beds
12,765sqft
5+ Family - 5+ Units Up/Down
Built in 1911
-- sqft lot
$-- Zestimate®
$376/sqft
$1,974 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,974/mo
Zestimate® history
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$1,974/mo
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$1,974/mo
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$29,735/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Stephen Girolamo 978-406-1789,
Horvath & Tremblay 781-776-4000
Bought with:
Stephen Girolamo
Horvath & Tremblay
Source: MLS PIN,MLS#: 73279413
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 24
- Bathrooms: 24
- Full bathrooms: 24
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 12,765
- Total interior livable area: 12,765 sqft
Property
Features
- Waterfront features: 1/2 to 1 Mile To Beach
Lot
- Size: 0.29 Acres
- Features: Corner Lot
Details
- Parcel number: 2000286
- Zoning: BD
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Foundation: Brick/Mortar
- Roof: Rubber
Condition
- Year built: 1911
Utilities & green energy
- Electric: Individually Metered
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
Location
- Region: Lynn
HOA & financial
Other financial information
- Total actual rent: 32767
Price history
| Date | Event | Price |
|---|---|---|
| 2/22/2025 | Listing removed | $1,900 |
Source: Zillow Rentals Report a problem | ||
| 1/28/2025 | Price change | $1,900-2.6% |
Source: Zillow Rentals Report a problem | ||
| 1/9/2025 | Listed for rent | $1,950 |
Source: Zillow Rentals Report a problem | ||
| 12/13/2024 | Sold | $4,800,000-2%$376/sqft |
Source: MLS PIN #73279413 Report a problem | ||
| 8/19/2024 | Listed for sale | $4,900,000$384/sqft |
Source: MLS PIN #73279413 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 01902
Nearby schools
GreatSchools rating
- 4/10Brickett Elementary SchoolGrades: K-5Distance: 0 mi
- 4/10Thurgood Marshall Middle SchoolGrades: 6-8Distance: 0.3 mi
- 1/10Fecteau-Leary Junior/Senior High SchoolGrades: 6-12Distance: 1.3 mi
- Massachusetts
- Essex County
- Lynn
- 01902
- 119 Lewis St
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