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60 Commercial, Lynn MA 01905

$1,049,900

Estimated $2,365/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $349,966.67

Total Rent: 0/year

Estimated CAP Rate:

8 Bedrooms

Baths

3528

Total Parking: 3

2,805 (0.06)

Well maintained 3-family property located at 60 Commercial Street in Lynn. All three units are deleaded and fully occupied with long term tenants on tenancies at will, offering immediate income and future flexibility. All units are separately metered and the property offers three 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 newer roof installed in 2013, and three gas water heaters replaced in 2023. Units feature spacious layouts with eat in kitchens, hardwood flooring, and ample natural light. Classic New England 3-decker with front porches and strong curb appeal. Ideal opportunity for investors or owner-occupants looking to offset their mortgage while building long term equity. Conveniently located near public transportation, local amenities, and major routes.

This home has been viewed 60 times

Last Checked: January 3rd, 2026 at 5:29am (Source: MLS PIN #73462588)

Gross Income: $0

Gross Expenses: $7,948

Net Income Calc: $7,948

Annual Expenses for 60 Commercial, Lynn MA 01905

Total Gross Expenses (Calculated)$7,948/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7948

Annual Income & Unit Breakdown for 60 Commercial, Lynn MA 01905

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

Lease

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 60 Commercial, Lynn MA 01905

Listing ID73462588

Property TypeMulti Family / 3 Family

Price1049900 ($297.59/SqFt)

Style3 Family

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total3528

Approximate Lot Size (Acres)0.06

Total Parking3

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR4

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 60 Commercial, Lynn MA 01905

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsNo

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 60 Commercial, Lynn MA 01905

Real Estate Taxes7948

Tax Year2025

Assessed Value$767,200

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 60 Commercial, Lynn MA 01905

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 60 Commercial, Lynn MA 01905

Agent

Name: Edwin Romero

Office

Name: eXp Realty

Phone: 888-854-7493

Payment Calculator

, Interest

Property Taxes 662.33

Principal & Interest 6469.15

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

eXp Realty

Edwin Romero

Agent Phone

Office Phone

(888) 854-7493

Text Agent Call Agent Call Office

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    [description] => Well maintained 3-family property located at 60 Commercial Street in Lynn. All three units are deleaded and fully occupied with long term tenants on tenancies at will, offering immediate income and future flexibility. All units are separately metered and the property offers three 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 newer roof installed in 2013, and three gas water heaters replaced in 2023. Units feature spacious layouts with eat in kitchens, hardwood flooring, and ample natural light. Classic New England 3-decker with front porches and strong curb appeal. Ideal opportunity for investors or owner-occupants looking to offset their mortgage while building long term equity. Conveniently located near public transportation, local amenities, and major routes.
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    [unparsed] => 60 Commercial, Lynn MA 01905
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EXIT

35 More Photos

Withdrawn

60 Commercial, Lynn MA 01905

$1,049,900

Annual Expenses for 60 Commercial, Lynn MA 01905

Annual Income & Unit Breakdown for 60 Commercial, Lynn MA 01905

General Information for 60 Commercial, Lynn MA 01905

Disclosures for 60 Commercial, Lynn MA 01905

Financial Information for 60 Commercial, Lynn MA 01905

Location Information for 60 Commercial, Lynn MA 01905

Contact Information for 60 Commercial, Lynn MA 01905

Agent

Office

Payment Calculator

Exclusive Listing Agent

eXp Realty

Edwin Romero