119 Lewis St, Lynn MA 01902

Lynn, MA 01902
$4,800,000
Est. $25,548/month
24
Beds
24
Baths
12,765
Sq Ft
$376
Price/Sq Ft
0.29
Acres
1911
Year Built
5+ Family - 5+ Units Up/Down
Type
32
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73279413

About this home

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.

Sale Statistics

Sale Overview
Original List Price: $4,900,000
Final Sale Price: $4,800,000
Difference: $100,000 (-2.0%)
Performance Metrics
98.0%
List to Sale Ratio
Sold below asking price
32
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $384
Sale $/sq ft: $376
This property sold for $376 per square foot
Sale Summary

This property sold for 2.0% below the original asking price.

The property spent 32 days on market before selling.

Facts & Features

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Property Category
Residential Income
Year Built
1911
Bedrooms
24
Full Bathrooms
24
Living Area
12,765 sq ft
Total Rooms
69
Stories
3
Levels
3

Interior Features

Has Fireplace
No

Exterior & Structure

Roof
Rubber
Foundation
Brick/Mortar
Has Spa
No
Waterfront Features
1/2 to 1 Mile To Beach
Waterfront Property
No

Lot & Land

Lot Size
0.29 acres
Lot Size
12,632 sq ft
Lot Size Area
0.2900
Lot Features
Corner Lot
Road Frontage Type
Public

Parking & Garage

Has Garage
No

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Individually Metered

Community & HOA

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
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$46,730
Tax Year
2024
Tax Assessed Value
$4,437,800
Parcel Number
2000286
Zoning
BD

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Total Monthly Rent is $42, 250. $32, 767 is the maximum input allowed by MLS.

Location

Loading map...

Neighborhood

119 Lewis St, Lynn MA 01902

Lynn, MA 01902

Walkability

Loading Walk Score...

Schools

School information not available

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $3,894
Homeowners Insurance $200
PMI $0

Property History

Market Insights

2%
Price Range
33
Total Days on Market

Property Timeline

Sold
Dec 13, 2024
$4,800,000
Property sold
Days on Market: 33
🏠
Listed for Sale
Aug 19, 2024
$4,900,000
Original listing
Agent: Stephen Girolamo Office: Horvath & Tremblay

Price & Status History

Date Event Price Change
Aug 19, 2024 New Listing Added $4,900,000

Market Statistics

Days on Market
32 days
Price per Sq Ft
$376

Tax History

Year Taxes Assessment
2024 $46,730 $4,437,800

Financial Details

Annual Property Tax
$46,730
Tax Year 2024
Assessed Value
$4,437,800

Listing Information

Listing Agent Stephen Girolamo
Listing Office Horvath & Tremblay
Agent MLS ID CN227795
Office MLS ID AN2723

Similar Homes

119 Lewis St, Lynn MA 01902 - Photo 1 119 Lewis St, Lynn MA 01902 - Photo 2 119 Lewis St, Lynn MA 01902 - Photo 3 119 Lewis St, Lynn MA 01902 - Photo 4 119 Lewis St, Lynn MA 01902 - Photo 5 119 Lewis St, Lynn MA 01902 - Photo 6 119 Lewis St, Lynn MA 01902 - Photo 7 119 Lewis St, Lynn MA 01902 - Photo 8 119 Lewis St, Lynn MA 01902 - Photo 9 119 Lewis St, Lynn MA 01902 - Photo 10 119 Lewis St, Lynn MA 01902 - Photo 11 119 Lewis St, Lynn MA 01902 - Photo 12 119 Lewis St, Lynn MA 01902 - Photo 13 119 Lewis St, Lynn MA 01902 - Photo 14 119 Lewis St, Lynn MA 01902 - Photo 15

Contact Agent

Schedule a Tour