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Active

60 Commercial St, Lynn MA 01905

$1,165,000

Estimated $2,551/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $388,333.33

Total Rent: 0/year

Estimated CAP Rate:

6 Bedrooms

Baths

3528

Total Parking: 2

2,805 (0.06)

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.

This home has been viewed 15 times

Last Checked: July 19th, 2026 at 5:03am (Source: MLS PIN #73549256)

Gross Income: $0

Gross Expenses: $7,948

Net Income Calc: $7,948

Water Views

Annual Expenses for 60 Commercial St, 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 St, Lynn MA 01905

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 60 Commercial St, Lynn MA 01905

Listing ID73549256

Property TypeMulti Family / 3 Family

Price1165000 ($330.22/SqFt)

Style3 Family

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total3528

Approximate Lot Size (Acres)0.06

Total Parking2

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 ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 60 Commercial St, Lynn MA 01905

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Property

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 St, 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 St, Lynn MA 01905

Neighborhood(s)

Area Amenities

Contact Information for 60 Commercial St, Lynn MA 01905

Agent

Name: Edwin Romero

Office

Name: eXp Realty LLC

Phone: 888-854-7493

Payment Calculator

, Interest

Property Taxes 662.33

Principal & Interest 7178.36

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

eXp Realty LLC

Edwin Romero

Agent Phone

Office Phone

(888) 854-7493

Text Agent Call Agent Call Office

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    [unparsed] => 60 Commercial St, Lynn MA 01905
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EXIT

39 More Photos

Active

60 Commercial St, Lynn MA 01905

$1,165,000

Annual Expenses for 60 Commercial St, Lynn MA 01905

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

General Information for 60 Commercial St, Lynn MA 01905

Disclosures for 60 Commercial St, Lynn MA 01905

Financial Information for 60 Commercial St, Lynn MA 01905

Location Information for 60 Commercial St, Lynn MA 01905

Contact Information for 60 Commercial St, Lynn MA 01905

Agent

Office

Payment Calculator

Exclusive Listing Agent

eXp Realty LLC

Edwin Romero