$2,300,000
SOLD MAY 5, 2025

200 Lewis St Lynn, MA 01902

Diamond District Neighborhood
12 Beds
12 Baths
10,386 Sq Ft
5,911 Sq Ft Lot

Recently Sold

$221 Per Sq Ft

5% Below List Price

8 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Coin Laundry
  • Property is near public transit
  • Porch
  • 2-minute walk to Goldfish Pond Park

About This Home

As of May 2025

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.

Last Agent to Sell the Property

Michael McCarthy

North Shore Realty Advisors Listed on: 03/05/2025

Co-Listed By

Dan Pouladian

North Shore Realty Advisors

Last Buyer's Agent

Tatiana Afonso

RE/MAX Andrew Realty Services

RE/MAX Andrew Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,372

Year Built

  • Built in 1890

Lot Details

  • 5,911 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 10,386 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Full Bathrooms

Parking

  • 12 Car Parking Spaces
  • Shared Driveway
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 220 Volts

Listing and Financial Details

  • Total Actual Rent $3,900
  • Assessor Parcel Number 2001569

Community Details

Building Details

  • Electric Expense $1,151
  • Insurance Expense $9,600
  • Water Sewer Expense $15,380
  • Operating Expense $88,602
  • Net Operating Income $184,398

Additional Features

  • 12 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,372

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1890
  • Levels: 3
  • Year Built Details: Approximate
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Tile, Vinyl, Varies, Hardwood
  • Fireplace YN: No
  • Total Bedrooms: 12
  • Full Bathrooms: 12
  • Total Bathrooms: 12
  • Basement: Full
  • Above Grade Finished Sq Ft: 10386
  • Living Area: 10386
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AN7007
  • MAIN SO: AC2354

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck - Wood
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront Features: Beach Front, 1/10 to 3/10 To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Shared Driveway, Off Street, Assigned
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Electric: 220 Volts
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Laundromat, Public School, University
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 15380

Lot Info

  • Parcel Number: 2001569
  • Zoning: B
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 5911
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Varies per Unit

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 14372

Multi Family

  • Electric Expense: 1151
  • Insurance Expense: 9600
  • Net Operating Income: 184398
  • Number Of Units Total: 12
  • Operating Expense: 88602
  • Total Actual Rent: 3900
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: Y

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2025 05/05/25 Sold $2,300,000 -5.2% $221 / Sq Ft
03/13/2025 03/13/25 Pending -- -- --
03/05/2025 03/05/25 For Sale $2,425,000 -- $233 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2025

    Michael McCarthy

    North Shore Realty Advisors

    Section Image
  • Dan Pouladian

    Seller Co-Listing Agent in 2025

    Dan Pouladian

    North Shore Realty Advisors

    (617) 548-7737

    3 in this area

    27 Total Sales

    Dan Pouladian
    Section Image

  • S

    Seller Co-Listing Agent in 2025

    Sara Pouladian

    North Shore Realty Advisors

    (617) 910-6646

    2 in this area

    18 Total Sales

    Sara Pouladian
    Section Image
  • Tatiana Afonso

    Buyer's Agent in 2025

    Tatiana Afonso

    RE/MAX

    (617) 447-9439

    1 in this area

    85 Total Sales

    Tatiana Afonso
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73341337

MLS Property Information Network (MLS PIN)
Massachusetts Essex County Lynn 01902 Diamond District

200 Lewis St, Lynn, MA

Sold

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