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.
- Basement:
- Full, Unfinished, Concrete
- Parking:
- Off Street, Paved Drive
- Construction:
- Brick, Frame, Stone
- Flooring:
- Wood, Vinyl
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- TO BE BUILT. Leased propane tank. Taxes TBD. Appliance allowance. Some images may contain upgrades not included in base price. *Delivery possible in 8-12 weeks from mortgage commitment. Photos are digitally staged. Garage will be on left hand side.
- Garage Parking
- Lead Paint:
- Unknown
- Market Time:
- 4
- Parking Spaces:
- 2
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $330
- Zoning:
- R4
- No Units:
- 3
- Orig Price:
- $1,165,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Lynn
- State:
- MA
- County:
- Essex
- Postal Code:
- 01905
- Longitude:
- W71° 2' 21.4''
- Latitude:
- N42° 27' 38.1''
Residential Income
60 Commercial St, Lynn, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,165,000
- Bedrooms :
- 6
- Rooms :
- 15
- Total Bathrooms :
- 3
- Full Bathrooms :
- 3
- Square Footage :
- 3,528 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.06 Acre
- Listing ID :
- 73549256
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com