We are pleased to present a rare opportunity to acquire 145 Lewis Street, a 25-unit multifamily asset located in the highly desirable Diamond District of Lynn, MA. Held by the same ownership for more than 25 years and fully rebuilt in 2015. The property offers investors a 6.8% CAP rate on current income on this 10-year-young asset with strong in-place rents and ability to improve for future growth and no capital improvements needed to achieve returns. The building consists of twenty-five (25) thoughtfully designed floor plans, including eighteen (18) one-bedroom units, six (6) two-bedroom units, and one (1) three-bedroom/two-bathroom unit. This desirable unit-mix along with amenities such as laundry facilities and on-site storage create long term revenue stream and tenant retention.
For sale
Price increase: $100K (6/10)
$6,100,000
145 Lewis St, Lynn, MA 01902
33beds
17,407sqft
5+ Family - 5+ Units Up/Down
Built in 2015
-- sqft lot
$-- Zestimate®
$350/sqft
$-- HOA
What's special
Laundry facilitiesOn-site storage
- 77 days |
- 218 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Dan Pouladian 617-548-7737,
North Shore Realty Advisors 617-548-7737,
Sara Pouladian 617-910-6646
Source: MLS PIN,MLS#: 73500404
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 33
- Bathrooms: 26
- Full bathrooms: 26
Features
- Flooring: Tile, Vinyl, Laminate, Wood
- Doors: Insulated Doors
- Windows: Insulated Windows
- Basement: Full,Finished
- Has fireplace: No
Interior area
- Total structure area: 17,407
- Total interior livable area: 17,407 sqft
- Finished area above ground: 17,407
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Exterior features: Rain Gutters, Professional Landscaping, Decorative Lighting
- Has view: Yes
- View description: Water, Ocean
- Has water view: Yes
- Water view: Ocean,Water
- Waterfront features: Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Lot
- Size: 8,377 Square Feet
- Features: Corner Lot
Details
- Parcel number: M:094 B:521 L:034,2000221
- Zoning: B
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Rubber
Condition
- Year built: 2015
Utilities & green energy
- Electric: 220 Volts, Circuit Breakers, Other (See Remarks)
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Range, for Electric Oven
Green energy
- Energy efficient items: Varies per Unit
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Public School, T-Station, University
Location
- Region: Lynn
Financial & listing details
- Price per square foot: $350/sqft
- Tax assessed value: $6,161,700
- Annual tax amount: $64,629
- Date on market: 4/13/2026
- Total actual rent: 5500
Estimated market value
Not available
Estimated sales range
Not available
$3,145/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Price change | $6,100,000+1.7%$350/sqft |
Source: MLS PIN #73500404 Report a problem | ||
| 6/2/2026 | Price change | $6,000,000-1.6%$345/sqft |
Source: MLS PIN #73500404 Report a problem | ||
| 5/15/2026 | Price change | $6,100,000-2.4%$350/sqft |
Source: MLS PIN #73500404 Report a problem | ||
| 4/13/2026 | Listed for sale | $6,250,000+541%$359/sqft |
Source: MLS PIN #73500404 Report a problem | ||
| 9/26/2001 | Sold | $975,000+97%$56/sqft |
Source: Public Record Report a problem | ||
| 1/10/1992 | Sold | $495,000-43.4%$28/sqft |
Source: Public Record Report a problem | ||
| 12/30/1988 | Sold | $875,000$50/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $63,835 -2.7% | $6,161,700 -1.1% |
| 2024 | $65,636 +14.1% | $6,233,200 +20.9% |
| 2023 | $57,507 | $5,157,600 |
| 2022 | $57,507 +11% | $5,157,600 +29.7% |
| 2021 | $51,812 +2.4% | $3,976,400 +5.3% |
| 2020 | $50,592 +10.1% | $3,775,500 +17.5% |
| 2019 | $45,946 +11.4% | $3,213,000 +18.1% |
| 2018 | $41,228 +7.3% | $2,721,300 +10.5% |
| 2017 | $38,409 -0.6% | $2,462,100 +3.1% |
| 2016 | $38,623 +2327.6% | $2,387,100 +2412.7% |
| 2015 | $1,591 -84.6% | $95,000 -84.3% |
| 2014 | $10,340 -47.6% | $603,600 -48.2% |
| 2013 | $19,739 +7.1% | $1,165,900 +3% |
| 2012 | $18,429 +0.4% | $1,132,000 |
| 2011 | $18,361 -3.9% | $1,132,000 -8% |
| 2010 | $19,099 +8.9% | $1,229,800 -10.7% |
| 2009 | $17,544 +13.5% | $1,377,100 -2.2% |
| 2008 | $15,457 +2.8% | $1,407,700 -2.6% |
| 2007 | $15,031 +6.8% | $1,445,300 +2.1% |
| 2006 | $14,076 +8.2% | $1,416,100 +10.8% |
| 2005 | $13,014 +13.8% | $1,278,400 +27.8% |
| 2004 | $11,436 +2.1% | $1,000,500 +18% |
| 2003 | $11,199 +21.1% | $847,800 +50.9% |
| 2001 | $9,246 +9.7% | $561,700 +18.2% |
| 1999 | $8,429 -8.2% | $475,400 -13.2% |
| 1995 | $9,181 | $547,800 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
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: 1.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Massachusetts
- Essex County
- Lynn
- 01902
- 145 Lewis St
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