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.
| MLS # | 73549256 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 76 |
| Listing Provided By | eXp Realty | Edwin Romero |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 3,528 |
| Basement | Y |
| Story(s) | 3 |
| Units | 3 |
| Zoning | R4 |
| Acreage | 0.06 |
| Rooms Total | 15 |
|---|---|
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
| Flooring | Wood, Vinyl |
| Roof | Rubber |
|---|---|
| Construction Materials | Frame, Brick, Stone |
| Foundation Details | Stone, Brick/Mortar |
| Lot Features | Easements |
| Garage Yes / No | No |
|---|---|
| Parking Features | Paved Drive, Off Street |
| Open Parking Yes / No | Yes |
| Utilities | for Gas Range |
|---|---|
| Sewer | Public Sewer |
| Tax Annual Amount | 7948 |
|---|---|
| Tax Assessed Value | 767200 |
| Tax Year | 2025 |
| Senior Community Yes / No | No |
|---|
| State | MA |
|---|---|
| County | Essex |
| City | Lynn |
| Zip Code | 01905 |
| Area | Essex |
| Listing VS Median (in 01905) | |
Price: $1,165,000 low | high Med: $519,900 sqft: 3,528 low | high Med: 1,536 $ / sqft: $330 low | high Med: $343 On site: 76 low | high Med: 25.5 | |
| State | MA |
|---|---|
| County | Essex |
| City | Lynn |
| Zip Code | 01905 |
| Area | Essex |
| Listing VS Median (in 01905) | |
Price: $1,165,000 low | high Med: $519,900 sqft: 3,528 low | high Med: 1,536 $ / sqft: $330 low | high Med: $343 On site: 76 low | high Med: 25.5 | |
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