$1,165,000
 $6,254 est/mo Sourced by Back At You

60 Commercial St,Lynn, MA 01905

Lynn, MA 01905

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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.

Details

MLS #73549256
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1900
Days On Site76
Listing Provided ByeXp Realty | Edwin Romero

Features

Bed(s)6
Bath(s) 3 Total
SQ Feet3,528
BasementY
Story(s)3
Units3
ZoningR4
Acreage0.06

Interior

Rooms Total15
Fireplaces Total0
Fireplace Yes / NoNo
FlooringWood, Vinyl

Exterior

RoofRubber
Construction MaterialsFrame, Brick, Stone
Foundation DetailsStone, Brick/Mortar
Lot FeaturesEasements

Parking

Garage Yes / NoNo
Parking FeaturesPaved Drive, Off Street
Open Parking Yes / NoYes

Utilities

Utilitiesfor Gas Range
SewerPublic Sewer

Taxes

Tax Annual Amount7948
Tax Assessed Value767200
Tax Year2025

Location

Senior Community Yes / NoNo

Area Information

StateMA
CountyEssex
CityLynn
Zip Code01905
AreaEssex
Listing VS Median (in 01905)
Price:
$1,165,000
low | high
Med:
$519,900
100% of Average
sqft:
3,528
low | high
Med:
1,536
100% of Average
$ / sqft:
$330
low | high
Med:
$343
46.25972174361% of Average
On site:
76
low | high
Med:
25.5
100% of Average
Sourced by Back At You

Market Activity 01905

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Learn More About This Property

StateMA
CountyEssex
CityLynn
Zip Code01905
AreaEssex
Listing VS Median (in 01905)
Price:
$1,165,000
low | high
Med:
$519,900
100% of Average
sqft:
3,528
low | high
Med:
1,536
100% of Average
$ / sqft:
$330
low | high
Med:
$343
46.25972174361% of Average
On site:
76
low | high
Med:
25.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $873K - $1.456M
sqft: 2,500 - 4,000
Nearby Listings Property ImageNearby Listings Details
9 S Elm St Property Photo 1
$999,000
9 S Elm St
Lynn, MA 01905
22 Elm St Property Photo 1
$775,000
22 Elm St
Lynn, MA 01905
145 N Common Property Photo 1
$1,100,000
145 N Common
Lynn, MA 01905
Listing Updated: September 5, 2026 at 5:30:55 PM PDT