16 Crescent St, Lynn MA 01902

Lynn, MA 01902
$900,000
$875,000
Est. $5,277/month
6
Beds
3
Baths
2,331
Sq Ft
$375
Price/Sq Ft
0.07
Acres
1900
Year Built
3
Parking
53
Days on Market
Pending Price Drop -$25,000 Listed May 27, 2026 • MLS# 73525452 Copied! • Updated Jul 21, 2026

About this home

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.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
2.8%
Price Range

Property Timeline

Pending Sale
Jul 21, 2026
Offer accepted, sale pending
Price Reduced
Jul 9, 2026
$875,000 $25,000 (-2.78%)
From $900,000 to $875,000 (-2.8%)
👁️
Showing Instructions Updated
Jun 14, 2026
New showing requirements
🏠
Listed for Sale
May 28, 2026
$900,000
Original listing
Agent: Juan Lopera-Martinez Office: eXp Realty

Tax History

Year Taxes Assessment
2025 $7,836 $756,377

Financial Details

Annual Property Tax
$7,836
Tax Year 2025
Assessed Value
$756,377

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1900
Living Area 2,331 sq ft
Lot Size 0.07 acres
Bedrooms 6
Full Baths 3
Total Rooms 12

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent — · N
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full
Laundry None
Features None
Construction Frame
Architecture None
Roof Tar/gravel
Features None
Pool None
Spa None
Fencing Fenced
Patio/Porch Porch
Features Paved Drive, Common
Total Spaces 3
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $7,836
Assessed Value $756,377
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Subject To Seller Finding Suitable Housing. Buyer To Assumed Solar Lease Through Sunrun Solar.
Possession None
Accepted Financing None
Structure Type []
House Color Blue
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 55 days

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1900
Bedrooms
6
Full Bathrooms
3
Living Area
2,331 sq ft
Total Rooms
12
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Tar/Gravel
Foundation: Brick/Mortar
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas, Tankless
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing: Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Paved Drive, Common
School District
Lynn School District local
D
School Safety 2024-25
3.5% Above Average
3.0% Suspensions 0.3% In-School 0.1% Expulsions 0.4% Emergency
2.0% below state avg
E

Elementary Schools

3 schools
C-
Brickett Elementary School
0.1 mi | #688 of 824 | Score: 36.3
Improved 101 spots from last year
-21.9 below state avg
318 students Moderate
Rising School
Grades K-05
C-
Ingalls School
0.5 mi | #673 of 824 | Score: 37.3
Improved 125 spots from last year
-20.9 below state avg
719 students Moderate
Rising School
Grades K-05
C-
E. J. Harrington Elementary School
0.5 mi | #717 of 824 | Score: 34.2
Improved 76 spots from last year
-24 below state avg
687 students Moderate
Rising School
Grades PK-05
M

Middle Schools

3 schools
C-
Thurgood Marshall Middle School
0.2 mi | #311 of 352 | Score: 30.5
Improved 40 spots from last year
-27.7 below state avg
1,310 students Moderate
Rising School
Grades 06-08
B+
Swampscott Middle School
1.4 mi | #122 of 352 | Score: 47.2
Dropped 51 spots from last year
-11 below state avg
654 students Moderate
Grades PK-08
C+
Pickering Middle School
2.0 mi | #226 of 352 | Score: 38.6
Improved 81 spots from last year
-19.6 below state avg
583 students Diverse
Rising School
Grades 06-08
H

High Schools

3 schools
B
Fredrick Douglass Collegiate Academy
0.9 mi | #12 of 25 | Score: 33.4
Improved 330 spots from last year
-24.8 below state avg
235 students Moderate
Early College Program Rising School
Grades 06-12
A-
Swampscott High School
1.0 mi | #98 of 346 | Score: 60.1
Dropped 66 spots from last year
+1.9 above state avg
706 students Moderate
18 sports • 1,578 athletes
Strong AP Program High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
D
Lynn English High School
1.0 mi | #318 of 346 | Score: 33.5
Improved 37 spots from last year
-24.8 below state avg
2,062 students Moderate
18 sports • 1,425 athletes
Early College Program Rising School Career Tech Programs Strong Athletics
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
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After down payment
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $653
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

16 Crescent St, Lynn MA 01902

Lynn, MA 01902

Listing Information

Listing Agent Juan Lopera-Martinez
Listing Office eXp Realty LLC
Office Phone 888-854-7493
Agent MLS ID CN232887
Office MLS ID AN6820
Listing Data Updated Jul 21, 2026 10:03 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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