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56 Commercial St Lynn, MA 01905
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Key Details
Sold Price $620,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,558 sqft
Price per Sqft $174
MLS Listing ID 72313425
Sold Date 07/02/18
Bedrooms 6
Full Baths 3
Year Built 1900
Annual Tax Amount $6,448
Tax Year 2018
Lot Size 3,049 Sqft
Acres 0.07
Property Description
Large Triple Decker ready for a new owner. The first level unit is vacant, freshly painted and ready for you to move in! Excellent rents in apartments two and three will help with the mortgage or rent it all for passive income! There is potential for three bedrooms per unit. The house features a living room, dining room, eat-in kitchen, tiled bathrooms and two good size bedrooms in each apartment. Major renovation in 2008 when the alarm system, in-unit circuit breaker panel, gas heating systems and fire sprinklers were installed. We have letters of full deleading!! Can you see the potential?? Convenient location to the Lynnway, route 107, commuter rail station and the Lynn Ferry to Boston. The property comes with a transferable Home Protection Plan.
Location
State MA
County Essex
Zoning R4
Direction Lynnway (Route 1A) to Commercial Street. South Common Street to Commercial Street.
Rooms
Basement Full
Interior
Interior Features Unit 1(Lead Certification Available), Unit 2(Lead Certification Available), Unit 3(Lead Certification Available), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room), Unit 3 Rooms(Living Room, Dining Room, Kitchen)
Heating Unit 1(Hot Water Baseboard, Gas), Unit 2(Hot Water Baseboard, Gas), Unit 3(Hot Water Baseboard, Gas)
Flooring Laminate, Hardwood
Appliance Gas Water Heater, Utility Connections for Gas Range
Exterior
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
Utilities Available for Gas Range
Waterfront false
Waterfront Description Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Total Parking Spaces 1
Garage No
Building
Story 6
Foundation Concrete Perimeter, Other
Sewer Public Sewer
Water Public
Others
Acceptable Financing Contract
Listing Terms Contract
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Bought with Borinquen A. Jimenez • Madelyn Garcia Real Estate
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