60 Commercial St
$1,165,000
6
Beds
3
Baths
3,528
Sqft
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$1,165,000
6
Beds
3
Baths
3,528
Living Area
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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.
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Highlights
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1900
- Parking Spots: 2
- Property Type: 3 Family
- Total Rooms: 15
- Status: Active
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Additional Details
- Basement: Full, Concrete, Unfinished
- Flooring: Wood, Vinyl
- Lot Features: Easements
- Roof: Rubber
- Total Number of Units: 3
- Year Built Source: Public Records
- Construction: Frame, Brick, Stone
- Foundation: Stone, Brick/Mortar
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: R4
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Amenities
- Parking Features: Paved Drive, Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $767,200
- Taxes: $7,948
- Tax Year: 2025
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Listing information provided courtesy of eXp Realty LLC.
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