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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
45
Days on Market
Active Price Drop -$25,000 Open House Listed May 27, 2026 • MLS# 73525452 Copied! • Updated Jul 9, 2026

Open House Schedule

12
Jul
Sunday, July 12
11:30 AM - 1:00 PM EDT

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
27.8%
Price Range
1
Previous Sales

Property Timeline

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
Previous Transaction - MLS #72631315
Full transaction history available when tracking began
🏷️
Previously Sold
May 8, 2020
$650,000
MLS #72631315

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) 43 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

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

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

10 schools
The Hathaway School
0.6 mi
Grades PK-08
B-
KIPP Academy Lynn Charter School
1.0 mi | #197 of 346 | Score: 51.6
Improved 64 spots from last year
-6.6 below state avg
1,637 students Moderate
High Graduation Rate Rising School College Ready Curriculum
Grades K-12
St. Pius V Elementary School
1.4 mi
Grades PK-08
C-
Lynn Vocational Technical Institute
1.4 mi | #284 of 346 | Score: 42.8
Improved 50 spots from last year
-15.5 below state avg
1,584 students Moderate
Early College Program Rising School Career Tech Programs
Grades PK-12
North Shore Christian School
1.9 mi
Grades PK-08
Sacred Heart Elementary School
2.3 mi
Grades PK-08
TEAMS Academy at Virginia Barton Center
2.7 mi
Grades PK-12
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

2 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
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

6 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
St. Mary's High School
1.1 mi
Grades 07-12
City Arts & Sciences Academy at Fecteau-Leary
1.3 mi
Grades 06-12
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
B-
Harold Durgin Success Academy
1.3 mi | #16 of 25 | Score: 30.4
Improved 329 spots from last year
-27.8 below state avg
94 students Diverse
Rising School Career Tech Programs
Grades 09-12
C-
Classical High School
2.9 mi | #302 of 346 | Score: 37.9
Improved 51 spots from last year
-20.3 below state avg
1,795 students Moderate
Early College Program Rising School Career Tech Programs
Grades 09-12
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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
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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 9, 2026 1:17 PM 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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