16 Crescent St, Lynn, MA 01902
Essex County
Key Facts
Description
Exceptional multi-family investment opportunity at 16 Crescent St in Lynn, MA! This well-maintained two-family property offers approximately 2,331 sq ft of living space with 6 bedrooms and 3 full bathrooms across spacious units ideal for owner-occupants or investors seeking strong rental income potential. Completely renovated in 2020 the home has very little to do with. Conveniently located near Downtown Lynn, Lynn Commuter Rail, major bus routes, shopping, restaurants, schools, and beautiful nearby beaches. Easy access to Route 1, I-95, and Boston, making commuting simple. Approximately 20 minutes to Downtown Boston and Logan International Airport. Whether you’re looking to expand your real estate portfolio, house hack, or own a cash-flowing multi-family in the Greater Boston area, this property offers incredible opportunity in a rapidly growing market. The solar panels will help reduce the electrical bill for the second floor unit.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1900
Stories
3
Living Area
2,331 sq ft
Lot Size
0.07 acres
Parking Spaces
3
Zoning
R1
Days on Market
55
MLS® Listing#
73525452
Property Features
Appliances
Basement
Parking
Patio
Fencing
Construction
Foundation
Roof
Community
Sewer
Water Source
Schools
- Elementary:
- Brickett Elementary School
- Middle:
- Lynn English High School
- High:
- North Shore Community College
Financial Details
Annual Taxes
$7,836
Tax year 2025
Assessed Value
$756,377
Parcel Number
M:094 B:540 L:017,2000807
Directions
Use GPS
Affordability Calculator
$175,000
Estimated monthly payment
$4,657/mo
Principal $700,000 · Est. interest $976,562 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lynn, MA
- $627,500
- Median Listing Price
- 34
- Median Days on Market
- 1,527
- Median Sq Ft
- $376
- Median Price / Sq Ft
- 151
- Active Listings
- This home’s price is 39% above the area median.
- Its price per sq ft is right around the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lynn, MA.
Location
Points of Interest in Lynn, MA
Showing the Lynn area map.
Nearby Schools
Brickett Elementary
Elementary · 0.1 mi away
Thurgood Marshall Middle School
Secondary · 0.2 mi away
Ingalls
Elementary · 0.5 mi away
Harrington Elementary School
Elementary · 0.5 mi away
Chabad Hebrew School
School · 0.5 mi away
Operation Bootstrap
School · 0.7 mi away
New Sunrise Preschool
School · 0.7 mi away
Clarke Elementary School
Elementary · 0.8 mi away
Aborn Elementary School
Elementary · 0.8 mi away
Machon Elementary School
Elementary · 0.8 mi away
L P S Environmental School
School · 0.9 mi away
Hood Elementary School
Elementary · 0.9 mi away
Robert L Ford School
Elementary · 0.9 mi away
Swampscott High School
Secondary · 1.0 mi away
Lynn English High School
Secondary · 1.0 mi away
Kipp Academy Lynn Charter School
School · 1.0 mi away
St Mary's Regional High School
Secondary · 1.1 mi away
St. Mary's Lynn
Secondary · 1.1 mi away
Lynn Alternative High School
Secondary · 1.2 mi away
Cobbet Elementary
Elementary · 1.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 58 Laighton St, Lynn, MA | $649,900 | 6 | 2 | 1,877 |
| 26 Sagamore St, Lynn, MA | $650,000 | 5 | 2 | 1,343 |
| 56 Raddin Grove Ave, Lynn, MA | $654,900 | 6 | 2 | 1,532 |
| 94 Eutaw Ave, Lynn, MA | $799,900 | 6 | 3 | 2,129 |
| 341 Linwood St, Lynn, MA | $799,900 | 5 | 3 | 2,475 |
| 76 High Rock St, Lynn, MA | $849,900 | 8 | 3 | 2,465 |
Moving Cost Estimate
EXIT Agents in Lynn
Listing Courtesy: eXp Realty LLC - 8888547493
Presented by: Juan Lopera-Martinez