Residential Income in Lynn

$1,165,000

60 Commercial St, 01905, Lynn, MA

Residential Income for sale in Lynn, 60 Commercial St, 01905, 3528 m²

60 Commercial St, 01905, Lynn, MA

$1,165,000

6Bed
3Bath
3528
Type: Residential Income

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.

Location

60 Commercial St, 01905, Lynn, MA

Data

Object TypeResidential Income
Purchase Price$1,165,000
Living Space3528 m²
Plot Size260.59 m²
Bathrooms3
Construction Year1900
ConditionNot specified
Rooms15

Energy Information

Heating TypeN/A
Primary Energy SourceN/A
Construction Year1900
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent