$6,100,000
About this home
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.
Property details
- MLS #
- 73500404
- Property type
- 5+ Family - 5+ Units Up/Down
- Subdivision
- N/A
- Status
- Active
- Days on market
- N/A
- On market date
- N/A
- Stories
- 3
- Garage spaces
- N/A
- Lot size
- 0.19 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 316
- Student:teacher ratio
- 13.2:1
- District
- Lynn
- Enrollment
- 1,275
- Student:teacher ratio
- 13.6:1
- District
- Lynn
- Enrollment
- 2,165
- Student:teacher ratio
- 17.6:1
- District
- Lynn
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 14, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.