145 Lewis St

Lynn, MA 01902

$6,250,000
Price
33
Beds
17,407 Sq. Ft.
$359 / Sq. Ft.
17,407
Sq. Ft.
$359
per Sq. Ft.
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Open: 4/30 11:00AM - 01:00PM
Open: 4/30 11:00AM - 01:00PM
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a kitchen with stainless steel appliances granite countertop a sink stove microwave and cabinets
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Description

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...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.
  1. Listed by Dan Pouladian • North Shore Realty Advisors
  2. Listed by Sara Pouladian • North Shore Realty Advisors

Property Details for 145 Lewis Street

Town
Lynn
Area
MA-Lynn
Garage Spaces
0
Open Parking Spaces
.00
Parking Spaces Total
0

Open Houses

Thursday, Apr 30th11:00 AM - 1:00 PM
PublicView contact
LISTING UPDATED: 04/17/2026 03:05 AM

Property Details for 145 Lewis Street

StatusActive
MLS #73500404
Days on Market17
Taxes$64,629 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built2015
CountyEssex County
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Location

Listing Courtesy of North Shore Realty Advisors, Dan Pouladian; North Shore Realty Advisors, Sara Pouladian
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Building Information for 145 Lewis Street

Stories3Residences25Year Built2015Building Size-Lot Size0.19 AC / 8,377 SF

Payment Calculator

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$36,858 per month

30 year fixed, 6.46% Interest

Principal and Interest

$31,472

Property Taxes

$5,386

HOA Dues

$0

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Property Information for 145 Lewis Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Public School, T-Station, University
  • Living Area: 17407.0
  • SqFt with Basement: No
  • Total Units: 25
  • Waterfront: No
  • Water View: Yes
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full, Finished
  • Num of Baths: 26.0
  • Num of Full Baths: 26
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 26.00
  • Bathrooms Total Integer: 26
  • DoorFeatures: Insulated Doors
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Vinyl, Laminate, Wood
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters, Professional Landscaping, Decorative Lighting
  • Exterior Features: Professional Landscaping, Decorative Lighting
  • Lot Description: Corner Lot
  • Roof Material: Rubber
  • Waterfront Features: Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterview Features: Ocean
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Open Parking: Yes
Utilities
  • Electric: 220 Volts, Circuit Breakers, Other (See Remarks)
  • Green Energy Efficient: Varies per Unit
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range, for Electric Oven
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: M:094 B:521 L:034,2000221
  • Assessments: $6,161,700
  • Book: 17690
  • Tax Year: 2026
  • Zoning: B
Building / Association Information
Living Characteristics
  • Beds Total: 33
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Levels: 3
Income / Expenses
  • GOI: $610,320.00
  • GRE: $162,982
  • NOI: $423,582.00
  • Operating Expense: $162,982.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 3
  • Lease U2: Y
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $5,500.00

Property History for 145 Lewis Street

DateEvent & SourcePriceAppreciation
Apr 13, 2026

Listed (Active)

MLS PIN #73500404

$6,250,000—
Sep 26, 2001

Sold (Public Record)

Public Record #87151136

$975,000

+7.2% / yr

Jan 10, 1992

Sold (Public Record)

Public Record #87111414

$495,000—
DateEvent & SourcePrice
04/13/2026

Listed (Active)

MLS PIN #73500404

$6,250,000
09/26/2001

Sold (Public Record)

Public Record #87151136

$975,000

+7.2% / yr

01/10/1992

Sold (Public Record)

Public Record #87111414

$495,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 145 Lewis Street

Taxable ValueLand$2,050,000Additions$4,111,700Total$6,161,700
Tax Record2025$63,835 ($5,320 / month)
Home Facts
Baths26Total Finished SqFt17,407 SqFtAbove Grade Finished SqFt17,407 SqFtUnfinished Basement SqFt4,063 SqFtStories3Lot Size8,377 SqFtStyleMulti-Family Res (5+ Units)Year Built2014ZoningBCountyESSEXAPNLYNN M:094 B:521 L:034

Schools near 145 Lewis Street

This home is within Lynn School District.
Rating
School
Type
Grades
Distance
William R Fallon Elementary School
Public - K to 5
Brickett Elementary School
Public - K to 5
Thurgood Marshall Middle School
Public - 6 to 8
Fecteau-Leary Junior/Senior High School
Public - 6 to 12
Rating
School
Distance
William R Fallon Elementary School
PublicK to 5

Brickett Elementary School
PublicK to 5

Thurgood Marshall Middle School
Public6 to 8

Fecteau-Leary Junior/Senior High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 145 Lewis Street, Lynn, MA 01902

145 Lewis Street is a multi-family home for sale in Lynn, MA 01902. This property was listed for sale on April 13, 2026 by North Shore Realty Advisors, it's currently listed at $6,250,000. It has been on the market for a total of 17 days and was last sold on September 26, 2001. This listing's school district is Lynn School District. Nearby schools include William R Fallon Elementary School, Brickett Elementary School and Thurgood Marshall Middle School. 145 Lewis Street is a 33-bed, 26-bath, 17,407 sqft multi-family home built in 2015.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of North Shore Realty Advisors, Dan Pouladian; North Shore Realty Advisors, Sara Pouladian

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.