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16 Dowfield Ter, Lynn MA 01904

$1,150,000

Estimated $2,679/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $383,333.33

Total Rent: 84000/year

Estimated CAP Rate:

9 Bedrooms

Baths

4626

Total Parking: 7

5,057 (0.12)

Rare opportunity to own one of Lynn's larger three-family homes featuring three true 6-room apartments, each offering over 1,500 square feet with classic double parlors, high ceilings, hardwood floors, and spacious eat-in kitchens. A solid investment with long-term tenants averaging 19 years and an excellent history of on-time rent payments. Each unit offers separate gas heat, hot water, gas and electric utilities, its own washer and dryer hookups, and a private rear porch. Additional features include vinyl replacement windows, 7 unobstructed off-street parking spaces, and a basement with four additional rooms and a full bath. Located on a quiet dead-end street. Lead compliance certificates are available for all 3 units.

This home has been viewed 3 times

Last Checked: July 28th, 2026 at 7:58pm (Source: MLS PIN #73552929)

Gross Income: $84,000

Gross Expenses: $26,967

Net Income Calc: $57,033

Annual Expenses for 16 Dowfield Ter, Lynn MA 01904

Total Gross Expenses (Calculated)$26,967/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9767

Annual Income & Unit Breakdown for 16 Dowfield Ter, Lynn MA 01904

Total Gross Income (Calculated)$84,000

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

Lease

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 16 Dowfield Ter, Lynn MA 01904

Listing ID73552929

Property TypeMulti Family / 3 Family

Price1150000 ($248.59/SqFt)

Style3 Family - 3 Units Up/down

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total4626

Approximate Lot Size (Acres)0.12

Total Parking7

Garage Parking0

Year Built1920

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR4

Water Views

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 16 Dowfield Ter, Lynn MA 01904

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsElectric Fireplace

Financial Data SourceEstimated

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 Dowfield Ter, Lynn MA 01904

Real Estate Taxes9767

Tax Year2025

Assessed Value$942,800

Financial Data SourceEstimated

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 Dowfield Ter, Lynn MA 01904

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 16 Dowfield Ter, Lynn MA 01904

Agent

Name: DalBon & Company

Office

Name: Keller Williams Realty Evolution

Phone: 978-927-8700

Team Members

Payment Calculator

, Interest

Property Taxes 813.92

Principal & Interest 7085.93

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty Evolution

DalBon & Company

Agent Phone

Office Phone

(978) 927-8700

Text Agent Call Agent Call Office

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EXIT

39 More Photos

Active

16 Dowfield Ter, Lynn MA 01904

$1,150,000

Annual Expenses for 16 Dowfield Ter, Lynn MA 01904

Annual Income & Unit Breakdown for 16 Dowfield Ter, Lynn MA 01904

General Information for 16 Dowfield Ter, Lynn MA 01904

Disclosures for 16 Dowfield Ter, Lynn MA 01904

Financial Information for 16 Dowfield Ter, Lynn MA 01904

Location Information for 16 Dowfield Ter, Lynn MA 01904

Contact Information for 16 Dowfield Ter, Lynn MA 01904

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Keller Williams Realty Evolution

DalBon & Company