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Off market
  • $970,500

    56 Commercial St, Lynn, MA 01905

    6beds
    3,558sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $970,500 Zestimate®
    $273/sqft
    $3,060 Estimated rent

    Home value

    $970,500

    $912,000 - $1.03M

    $3,060/mo

    Zestimate® history
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    Owner options

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    $3,060/mo

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    $3,060/mo

    Rent Zestimate®

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    $5,907/mo

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    $5,907/mo

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    What's special

    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.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Oil
    Features
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 3,558 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 3,049 sqft
    Details
    • Parcel number: LYNNM052B740L019

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Built-up
    Condition
    • Year built: 1900

    Community & neighborhood

    Location
    • Region: Lynn

    Other

    Other facts
    • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House Of Worship, Marina, Private School, Public School, T-Station, Walk/Jog Trails
    • Basement Feature: Full
    • Construction: Frame
    • Electric Feature: Circuit Breakers
    • Exterior: Vinyl
    • Foundation: Poured Concrete, Other (see Remarks)
    • Hea Dscrp 1: Gas, Hot Water Baseboard
    • Hea Dscrp 2: Gas, Hot Water Baseboard
    • Hot Water: Natural Gas
    • Rms Dscrp 1: Living Room, Dining Room, Kitchen
    • Rms Dscrp 2: Living Room, Dining Room
    • Road Type: Public
    • Terms Feature: Contract For Deed
    • Beach Description: Ocean
    • Beachfront Flag: Yes
    • Exterior Features: Porch
    • Hea Dscrp 3: Hot Water Baseboard, Gas
    • Rms Dscrp 3: Living Room, Kitchen, Dining Room
    • Rnt Dscrp 1: Water
    • Rnt Dscrp 2: Water
    • Rnt Dscrp 3: Water
    • Utility Connections: For Gas Range
    • Beach Miles To: 1 To 2 Mile
    • Beach Ownership: Public
    • Flooring: Hardwood, Laminate
    • Lot Description: Shared Drive
    • Mf Type: 3 Family
    • Ife Dscrp 1: Lead Certification Available
    • Ife Dscrp 2: Lead Certification Available
    • Ife Dscrp 3: Lead Certification Available

    Price history

    DateEventPrice
    7/2/2018Sold$620,000$174/sqft
    Source: Public Record Report a problem
    5/7/2018Listed for sale$620,000$174/sqft
    Source: United Brokers #72313425 Report a problem
    5/7/2018Pending sale$620,000$174/sqft
    Source: United Brokers #72313425 Report a problem
    4/23/2018Listed for sale$620,000+183.8%$174/sqft
    Source: United Brokers #72313425 Report a problem
    5/28/2010Sold$218,500-5%$61/sqft
    Source: Public Record Report a problem
    2/19/2010Price change$229,900-8%$65/sqft
    Source: Evelyn Dongo #71006677 Report a problem
    2/5/2010Price change$249,900-1.6%$70/sqft
    Source: Evelyn Dongo #71006677 Report a problem
    2/3/2010Listed for sale$253,900+10.9%$71/sqft
    Source: Evelyn Dongo #71006677 Report a problem
    9/3/2009Listing removed$229,000$64/sqft
    Source: Evelyn Dongo #70902676 Report a problem
    5/1/2009Price change$229,000-14.9%$64/sqft
    Source: Evelyn Dongo #70902676 Report a problem
    4/16/2009Listed for sale$269,000+220.2%$76/sqft
    Source: Evelyn Dongo #70902676 Report a problem
    9/17/1997Sold$84,000$24/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,708 +1.2%$840,500 +2.8%
    2024$8,608 +5.8%$817,500 +12%
    2023$8,136 $729,700
    2022$8,136 +6.1%$729,700 +24%
    2021$7,666 +7.8%$588,300 +10.9%
    2020$7,111 +4.5%$530,700 +11.5%
    2019$6,805 +5.5%$475,900 +11.8%
    2018$6,448 +3.3%$425,600 +6.3%
    2017$6,243 +6.5%$400,200 +10.5%
    2016$5,860 +12.7%$362,200 +16.7%
    2015$5,201 +10.9%$310,500 +13.4%
    2014$4,690 +14.1%$273,800 +12.8%
    2013$4,109 +1.4%$242,700 -2.5%
    2012$4,052 +1.3%$248,900 +0.9%
    2011$4,001 +9.1%$246,700 +4.4%
    2010$3,668 -5%$236,200 -22.1%
    2009$3,861 -13.9%$303,100 -25.7%
    2008$4,482 +6.2%$408,200 +0.6%
    2007$4,220 +7.2%$405,800 +2.4%
    2006$3,937 +15.1%$396,100 +17.9%
    2005$3,421 -3.2%$336,100 +8.7%
    2004$3,534 +16.7%$309,200 +34.9%
    2003$3,028 +60.8%$229,200 +100.3%
    2001$1,883 +21.4%$114,400 +30.7%
    1999$1,551 -10.5%$87,500 -15.4%
    1995$1,733 $103,400

    Find assessor info on the county website

    Neighborhood: 01905

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $970,500
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    Estimated market value
    $970,500