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145 Lewis St, Lynn MA 01902

Lynn, MA 01902
$6,250,000
Est. $37,189/month
33
Beds
26
Baths
17,407
Sq Ft
$359
Price/Sq Ft
0.19
Acres
2015
Year Built
5+ Family - 5+ Units Up/Down
Type
5 hours 27 minutes
Time on Market
Active Listed Apr 13, 2026 • MLS# 73500404 Copied!

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.

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Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
2015
Bedrooms
33
Full Bathrooms
26
Living Area
17,407 sq ft
Total Rooms
83
Stories
3
Levels
3

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 2015
Living Area 17,407 sq ft
Lot Size 0.19 acres
Bedrooms 33
Full Baths 26
Total Rooms 83

Interior

Heating None
Cooling None
Flooring Tile, Vinyl, Laminate, Wood
Appliances None
Fireplace None
Basement Full, Finished
Laundry None
Features None

Exterior

Construction Frame
Architecture None
Roof Rubber
Features Rain Gutters, Professional Landscaping, Decorative Lighting
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric 220 Volts, Circuit Breakers, Other (see Remarks)
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven

Financial

Annual Tax $64,629
Assessed Value $6,161,700

Interior Features

Flooring: Tile, Vinyl, Laminate, Wood
Appliances:
Interior Features:
Windows: Insulated Windows
Basement: Full, Finished
Laundry:
Security:

Construction & Materials

Year Built: 2015
Structure Type:
Exterior Materials: Frame
Roof: Rubber
Foundation: Concrete Perimeter
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Electric
Water Source: Public
Sewer: Public Sewer
Energy Features: Varies per Unit

Exterior & Lot

Exterior Features: Rain Gutters, Professional Landscaping, Decorative Lighting
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

145 Lewis St, Lynn MA 01902

Lynn, MA 01902

Walkability

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Nearby Schools

School District
Lynn School District local
D
⚠ School Safety 2024-25
3.5% Above Average
3.0% Suspensions 0.3% In-School 0.1% Expulsions 0.4% Emergency
↓ 2.0% below state avg
E

Elementary Schools

10 schools
The Hathaway School
0.7 mi
Grades PK-08
B-
KIPP Academy Lynn Charter School
0.9 mi | #197 of 346 | Score: 51.6
Improved 64 spots from last year
-6.6 below state avg
1,637 students Moderate
High Graduation Rate Rising School College Ready Curriculum
Grades K-12
C-
Lynn Vocational Technical Institute
1.3 mi | #284 of 346 | Score: 42.8
Improved 50 spots from last year
-15.5 below state avg
1,584 students Moderate
Early College Program Rising School Career Tech Programs
Grades PK-12
St. Pius V Elementary School
1.4 mi
Grades PK-08
North Shore Christian School
1.9 mi
Grades PK-08
Sacred Heart Elementary School
2.2 mi
Grades PK-08
TEAMS Academy at Virginia Barton Center
2.7 mi
Grades PK-12
C-
Brickett Elementary School
< 0.1 mi | #688 of 824 | Score: 36.3
Improved 101 spots from last year
-21.9 below state avg
318 students Moderate
Rising School
Grades K-05
C-
E. J. Harrington Elementary School
0.4 mi | #717 of 824 | Score: 34.2
Improved 76 spots from last year
-24 below state avg
687 students Moderate
Rising School
Grades PK-05
C-
Ingalls School
0.5 mi | #673 of 824 | Score: 37.3
Improved 125 spots from last year
-20.9 below state avg
719 students Moderate
Rising School
Grades K-05
M

Middle Schools

2 schools
C-
Thurgood Marshall Middle School
0.3 mi | #311 of 352 | Score: 30.5
Improved 40 spots from last year
-27.7 below state avg
1,310 students Moderate
Rising School
Grades 06-08
C+
Pickering Middle School
2.0 mi | #226 of 352 | Score: 38.6
Improved 81 spots from last year
-19.6 below state avg
583 students Diverse
Rising School
Grades 06-08
H

High Schools

6 schools
B
Fredrick Douglass Collegiate Academy
0.7 mi | #12 of 25 | Score: 33.4
Improved 330 spots from last year
-24.8 below state avg
235 students Moderate
Early College Program Rising School
Grades 06-12
St. Mary's High School
1.0 mi
Grades 07-12
City Arts & Sciences Academy at Fecteau-Leary
1.2 mi
Grades 06-12
D
Lynn English High School
1.0 mi | #318 of 346 | Score: 33.5
Improved 37 spots from last year
-24.8 below state avg
2,062 students Moderate
18 sports • 1,425 athletes
Early College Program Rising School Career Tech Programs Strong Athletics
Grades 09-12
B-
Harold Durgin Success Academy
1.2 mi | #16 of 25 | Score: 30.4
Improved 329 spots from last year
-27.8 below state avg
94 students Diverse
Rising School Career Tech Programs
Grades 09-12
C-
Classical High School
2.8 mi | #302 of 346 | Score: 37.9
Improved 51 spots from last year
-20.3 below state avg
1,795 students Moderate
Early College Program Rising School Career Tech Programs
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
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Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $5,386
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

Property Timeline

🔧
Property Type Updated
Apr 13, 2026
5-9 Family → 5+ Family - 5+ Units Up/Down
🏠
Listed for Sale
Apr 13, 2026
$6,250,000
Original listing
Agent: Dan Pouladian Office: North Shore Realty Advisors

Price & Status History

Date Event Price Change
Apr 13, 2026 New Listing Added $6,250,000 —

Market Statistics

Time on Market
5 hours 27 minutes
Price per Sq Ft
$359

Tax History

Year Taxes Assessment
2026 $64,629 $6,161,700

Financial Details

Annual Property Tax
$64,629
Tax Year 2026
Assessed Value
$6,161,700

Listing Information

Listing Agent Dan Pouladian
Listing Office North Shore Realty Advisors
Agent MLS ID NB115212
Office MLS ID AN7007
Listing Data Updated Apr 13, 2026 9:26 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Lynn, MA

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