~~~~ High Return Ratio ~~~ 10 unit mixed use brick building built from ground up in 2010. Newer roof, newer plumbing, newer electrical, central AC all commercial grade. Hard wired smoke and sprinkler system as well. Property consists of (5) commercial retail units on first level. (Five) 3 bed 1 bath apartments on 2nd and 3rd floors in excellent condition. Washer and dryer hookups in all apartments. Tenants pay all utilities. All tenants have leases. Commercial tenants have rate increases built in yearly. Absolutely no deferred maintenance, nothing to do but collect your rents and watch as they increase. See attached Lease Summary.
For sale
$3,900,000
229 Lewis St, Lynn, MA 01902
15beds
12,500sqft
Est.:
5-9 Family
Built in 2010
-- sqft lot
$3,817,600 Zestimate®
$312/sqft
$-- HOA
What's special
Central acCommercial retail unitsNewer roofWasher and dryer hookupsNewer plumbingExcellent condition
- 221 days
- on Zillow |
- 239 |
- 13 |
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