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60 Commercial St, Lynn, MA 01905

$1,165,000
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Active
BEDS6 BATHS3 full SQUARE FEET3,528 MLS#73549256
STATUSActive PROPERTY TYPEMulti Unit - Multiple

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.

60 Commercial St | MLS# 73549256

This multi-family property located at 60 Commercial St, Lynn, MA 01905 is currently listed for sale with an asking price of $1,165,000. Search Lynn real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Concrete, Unfinished
Lot Size: 0.06 Acres
Roof Type: Rubber
Stories: 3.0
Taxes: $7,948
Year Built: 1900

Feature Descriptions

Building Area Total: 3528
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 7
Dwelling Type: 3 Family
Exterior: Frame, Brick, Stone
Flooring: Wood, Vinyl
Lot Features: Easements
Open Parking Y/N: Yes
Parcel Number: 2006296
Parking Features: Paved Drive, Off Street
Parking Total: 2
Patio And Porch: Porch
Rooms Total: 15
Sewer: Public Sewer
Units: 3
Utilities: for Gas Range
Water: Public

Listed By / Shown By

Listed By

Agency Name: eXp Realty LLC
Agent Name: Edwin Romero
Agency Phone: 888-854-7493

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Estimated Payment

$ 3,594.91 per month $2,592.78 Principal & Interest $662.33 Property Tax $339.79 Homeowner's Insurance

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