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$ 1,165,000
Est. payment /mo
Open Sat 11AM-1PM
60 Commercial St Lynn, MA 01905
3 Beds
3 Baths
3,528 SqFt
Open House
Sat Jul 18, 11:00am - 1:00pm
Sun Jul 19, 11:00am - 1:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,528 sqft
Price per Sqft $330
MLS Listing ID 73549256
Bedrooms 3
Full Baths 3
Year Built 1900
Annual Tax Amount $7,948
Tax Year 2025
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type 3 Family
Property Description
Well maintained 3-family property located at 60 Commercial Street in Lynn. Units 1 & 2 are vacant, offering immediate flexibility for owner occupants or investors, while Unit 3 is occupied by a tenant at will, providing instant rental income. All three units are deleaded & separately metered, and the property offers two off street parking spaces. The building has seen major system upgrades, including conversion from oil to gas heating in 2013, electrical upgrades in 2013, a new roof installed in 2013, and three gas water heaters replaced in 2023. Units feature spacious layouts with eat-in kitchens, hardwood flooring, and abundant natural light. This classic New England three-decker also offers front/back porches and strong curb appeal. An excellent opportunity for investors seeking strong rental potential or owner occupants looking to offset their mortgage while building long term equity. Conveniently located near public transportation, shopping, dining, and major routes.
Location
State MA
County Essex
Zoning R4
Direction See google maps
Rooms
Basement Full, Concrete, Unfinished
Interior
Flooring Wood, Vinyl
Exterior
Utilities Available for Gas Range
Roof Type Rubber
Total Parking Spaces 2
Garage No
Building
Lot Description Easements
Story 3
Foundation Stone, Brick/Mortar
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by eXp Realty LLC