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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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60 Commercial St , Lynn, MA 01905
$1,165,000
Est. Payment: $2,588.89/mo
6 Bed
3 Bath
3528 Sqft
Status: Active | Days on site: 64
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AN6820 - CN238100
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House 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.

Highlights

Listed by Edwin Romero , 857-236-5044 eXp Realty LLC , 888-854-7493.

Property Type

Multi-Family

Lot/Acreage
0.06

Year Built

1900

County

Essex

Listing ID

73549256

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:3
  • Full Bathrooms:3
Floor:Wood,Vinyl
Water:Public

Exterior Features

Lot:Easements
Garage Capacity:2
Zoning:R4
Roof:Rubber
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Parking Spaces: 2
Principal Interest
$2,589
Taxes
$662

Home Price

$1,165,000

Loan Details

30 yrs
%

Down Payment

20%
$233,000
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Monthly Price:
$2,588.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,588.89 $662.33 $0.00 $3,251.22
Yearly $31,066.67 $7,948.00 $0.00 $39,014.67
Total $932,000.00 $238,440.00 $0.00 $1,170,440.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Lynn, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.