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INVESTMENT SNAPSHOT
About this property
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.
Property details
| Units | 3 |
| Living area | 3,528 sqft |
| Lot size | 2,805 sqft |
| Year built | 1900 |
| Price / sqft | $330 |
| County | Essex |
| MLS # | 73549256 |
Listing status
| Days on market | 4 days |
| Listed on | July 14, 2026 |
Taxes & financials
| Annual property tax | $7,948 |
| Tax year | 2025 |
| Assessed value | $767,200 |
| Zoning | R4 |
| Total actual rent | $0/mo |
Building & lot
| Stories | 3 |
| Total rooms | 15 |
| Lot size | 0.06 acres |
| Garage spaces | 0 |
| Parking spaces | 2 |
| Parking | Paved Drive, Off Street |
| Basement | Full, Concrete, Unfinished |
| Foundation | Stone, Brick/Mortar |
| Roof | Rubber |
| Construction | Frame, Brick, Stone |
| Flooring | Wood, Vinyl |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
Location
More about investing in Lynn →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 60 Commercial St, Lynn MA 01905 have?
It is a 3-unit multi-family property with 3,528 sqft of living area, built in 1900.
How long has 60 Commercial St, Lynn MA 01905 been on the market?
60 Commercial St, Lynn MA 01905 has been listed for 4 days (since July 14, 2026).
What is the price per unit?
At a list price of $1,165,000 across 3 units, that works out to roughly $388,333 per unit.
What are the property taxes on 60 Commercial St, Lynn MA 01905?
Annual property taxes are $7,948 (2025), on an assessed value of $767,200.
What is the price per square foot?
At $1,165,000 for 3,528 sqft, that's about $330 per square foot.
Is there parking?
2 total parking spaces (paved drive, off street).
Where is this property located?
60 Commercial St, Lynn MA 01905 is in Lynn, Essex County, MA 01905.
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