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.
This home has been viewed 13 times
Last Checked: June 15th, 2026 at 8:33am (Source: MLS PIN #73525452)
Gross Income: $0
Gross Expenses: $7,836
Net Income Calc: $7,836
Annual Expenses for 16 Crescent St, Lynn MA 01902
Total Gross Expenses (Calculated)$7,836/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7836
Annual Income & Unit Breakdown for 16 Crescent St, Lynn MA 01902
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 16 Crescent St, Lynn MA 01902
Listing ID73525452
Property TypeMulti Family
Price900000 ($386.1/SqFt)
StyleMulti Family
CityLynn
CountyEssex
Neighborhood(s)
Approximate Living Area Total2331
Approximate Lot Size (Acres)0.07
Total Parking3
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR1
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 16 Crescent St, Lynn MA 01902
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 16 Crescent St, Lynn MA 01902
Real Estate Taxes7836
Tax Year2025
Assessed Value$756,377
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 16 Crescent St, Lynn MA 01902
Elementary SchoolBrickett Elementary School
Middle SchoolLynn English High School
High SchoolNorth Shore Community College
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 16 Crescent St, Lynn MA 01902