Pending

Price cut: $25K (7/9)

$875,000

16 Crescent St, Lynn, MA 01902

6beds

2,331sqft

$5,587/mo

Get pre-qualified

Multi Family

Built in 1900

-- sqft lot

$859,800 Zestimate^®

$375/sqft

$-- HOA

What's special

Solar panelsSpacious units

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.

87 days

44

4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3

Features

Basement: Full
Has fireplace: No

Interior area

Total structure area: 2,331
Total interior livable area: 2,331 sqft
Finished area above ground: 2,331

Property

Parking

Total spaces: 3
Parking features: Paved Drive, Common
Uncovered spaces: 3

Features

Patio & porch: Porch
Fencing: Fenced

Lot

Size: 3,010 Square Feet

Details

Parcel number: M:094 B:540 L:017,2000807
Zoning: R1

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Frame
Foundation: Brick/Mortar
Roof: Tar/Gravel

Condition

Year built: 1900

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Conservation Area, Highway Access, Public School

Location

Region: Lynn

Financial & listing details

Price per square foot: $375/sqft
Tax assessed value: $756,377
Annual tax amount: $7,836
Date on market: 5/27/2026
Total actual rent: 0

Estimated market value

$859,800

$817,000 - $903,000

$3,131/mo

Price history

Date	Event	Price
7/21/2026	Pending sale	$875,000$375/sqft
Source: MLS PIN #73525452 Report a problem
7/9/2026	Price change	$875,000-2.8%$375/sqft
Source: MLS PIN #73525452 Report a problem
5/28/2026	Listed for sale	$900,000+38.5%$386/sqft
Source: MLS PIN #73525452 Report a problem
5/8/2020	Sold	$650,000+4%$279/sqft
Source: Public Record Report a problem
4/23/2020	Listed for sale	$624,974+73.6%$268/sqft
Source: United Brokers #72631315 Report a problem
4/12/2019	Sold	$360,000+360.2%$154/sqft
Source: Public Record Report a problem
9/2/1993	Sold	$78,230$34/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,836 +5.2%	$756,377 +6.9%
2024	$7,448 -2.2%	$707,300 +3.6%
2023	$7,615	$683,000
2022	$7,615 +9.7%	$683,000 +28.2%
2021	$6,941 +22.5%	$532,700 +26%
2020	$5,664 +8.9%	$422,700 +16.2%
2019	$5,201 +3.4%	$363,700 +9.5%
2018	$5,031 +5.4%	$332,100 +8.5%
2017	$4,774 +11.1%	$306,000 +15.3%
2016	$4,296 +4.9%	$265,500 +8.6%
2015	$4,094 +12%	$244,400 +14.6%
2014	$3,654 +4.7%	$213,300 +3.5%
2013	$3,489 +0.8%	$206,100 -3.1%
2012	$3,461 +11.6%	$212,600 +11.2%
2011	$3,101 +13.1%	$191,200 +8.3%
2010	$2,743 -11.8%	$176,600 -27.7%
2009	$3,110 -11.5%	$244,100 -23.7%
2008	$3,513 +5.6%	$319,900 0%
2007	$3,328 +4%	$320,000 -0.6%
2006	$3,199 +9.1%	$321,800 +11.8%
2005	$2,931 +4.5%	$287,900 +17.3%
2004	$2,806 +3%	$245,500 +19.1%
2003	$2,724 +38.8%	$206,200 +73%
2001	$1,962 +21%	$119,200 +30.3%
1999	$1,622 -0.7%	$91,500 -6.2%
1995	$1,634	$97,500