aisellshomes.space

$1,165,000

Active

60 Commercial St

Lynn, MA, 01905

Multi-Family · MLS #73549256

Price/sqft

$330

Days on market

8 days

Year built

1900

Lot size

0.06 ac

3,528 sq ft

Sq Ft

0.06 acres

Lot

1900

Year Built

Taxes: $7,948 (2025)

About this home

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

60 Commercial St, Lynn, MA, 01905

Property details

Road type
Public
Basement
Full, Concrete Floor, Unfinished Basement

Listed by Edwin Romero · eXp Realty LLC

Schedule a showing

60 Commercial St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$7,137 / month

Down payment20% · $233,000
Interest rate6.66%

Loan term

Principal & interest
$5,989
Property tax
$662
Home insurance
$485

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.

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