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Key Details
Sold Price $2,300,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 10,386 sqft
Price per Sqft $221
MLS Listing ID 73341337
Sold Date 05/05/25
Bedrooms 12
Full Baths 12
Year Built 1890
Annual Tax Amount $14,372
Tax Year 2025
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
200 Lewis is a 3- story apartment building consisting of twelve (12) one-bedroom units with a total square footage of 14,338 and rentable square footage of 10,386 including twelve (12) surface parking spots. The subject property is ideally located on one of the main corridors of Lynn and close proximity to public transportation and many amenities. The property offers investors a tremendous value-add opportunity to bring units to market levels with a strategic renovation program. The property has been well maintained and capital improvements have been completed throughout the years such as: installment of new windows, electrical upgrades, exterior painted, common area flooring, interior painted, lighting, and some unit renovations.
Location
State MA
County Essex
Zoning B
Direction 1A Paradise Road turns into Lewis Street
Rooms
Basement Full
Interior
Flooring Wood, Tile, Vinyl, Varies, Hardwood
Exterior
Community Features Public Transportation, Laundromat, Public School, University
Utilities Available for Electric Range
Waterfront Description Beach Front,1/10 to 3/10 To Beach
Roof Type Rubber
Total Parking Spaces 12
Garage No
Building
Lot Description Level
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Afonso Realty Group • RE/MAX Andrew Realty Services