60 Commercial St, Lynn $1,165,000

Sale Type: For Sale Ft2: 3,528 Lot Size: 2,805 Ref #: 73549256

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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.

Details

Ft2
3,528
Lot Size
2,805
Tax
$7,948
Listing provided courtesy of Edwin Romero, eXp Realty LLC