16 Salem St, Lynn MA 01905

Lynn, MA 01905

$999,900

Est. $5,948/month

Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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Beds

Baths

3,357

Sq Ft

$298

Price/Sq Ft

0.11

Acres

1900

Year Built

Parking

3 Family - 3 Units Up/Down

Type

10 hours 33 minutes

Time on Market

For Sale Listed Sep 24, 2026 • MLS# 73582312 Copied! • Updated Sep 24, 2026

Track this home for price, status, and open-house alerts.

About this home

West Lynn! This is a solid three family investment property located on a fenced in corner lot. Nestled in a nice neighborhood. Close to all amenities. First & second floor are spacious, they consist of living room, dining room, kitchen, each having two bedrooms & each unit has a full bathroom. Third floor has kitchen, living room, two bedrooms, bathroom, & second means of egress. Parking for 4+ cars off street. Basement has plenty of storage room & laundry hook ups. Close to schools, shopping, restaurants, Beaches, Ferry, train station, College, airport, & Boston. Property to be in shown during the week on evenings from 530 to 7 and weekends are flexible. Group Showing Monday evening Sept 28th at 6;00pm

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

35.1%

Price Range

Previous Sales

Property Timeline

🏠

Listed for Sale

Sep 24, 2026

$999,900

Original listing

Agent: Melissa Jeffery Office: Toner Real Estate, LLC

Previous Transaction - MLS #72721779

Full transaction history available when tracking began

🏷️

Previously Sold

Dec 7, 2020

$649,000

MLS #72721779

View Listing →

Date	Event	Price	Change	$/sqft	Details
09/24/2026	🏠 Listed for Sale	$999,900	-	-	Original listing
12/07/2020	🏷️ Previously Sold	$649,000	-	-	MLS #72721779

Tax History

Year	Taxes	Assessment
2025	$8,309	$870,900

Financial Details

Annual Property Tax

$8,309

Tax Year 2025

Assessed Value

$870,900

Facts & Features

Home Facts

Type Residential Income

Style 3 Family - 3 Units Up/Down

Year Built 1900

Living Area 3,357 sq ft

Lot Size 0.11 acres

Stories 3

Bedrooms 6

Full Baths 3

Total Rooms 14

Investment Metrics

Units 3

Unit 1 Rent $1,900/mo · N

Unit 2 Rent $2,000/mo · N

Unit 3 Rent $1,850/mo · N

Total Monthly Rent $5,750/mo

Gross Income $69,000

Net Operating Income $63,500

Operating Expenses $5,500

Water/Sewer Expense $3,000

Cap Rate 6.35%

Interior

Heating Forced Air, Oil, Electric

Cooling None

Flooring Vinyl, Hardwood

Appliances None

Fireplace None

Basement Full, Interior Entry, Bulkhead, Concrete

Laundry Washer Hookup

Features Living Room, Dining Room, Kitchen

Exterior

Construction None

Architecture None

Roof Shingle

Features None

Pool None

Spa None

Fencing Fenced/enclosed, Fenced

Patio/Porch Porch, Deck, Covered

Parking

Features Paved Drive, Off Street, Paved

Total Spaces 4

Utilities

Electric Circuit Breakers

Water Public

Sewer Public Sewer

Gas None

Other For Gas Range, Washer Hookup

Financial

Annual Tax $8,309

Assessed Value $870,900

HOA & Community

Fee Includes None

Amenities None

Optional Fee Includes None

MA Disclosures

Lead Paint Unknown

Seller Disclosures Being Sold As Is & With Tenants. Second Floor Is Vacant. Tenants On Third Floor Are Taw, First Floor Is Sec 8 Taw. Seller States Heating Systems Were Updated. Age Of Roof Unknown, But Is In Good Shape. 1st & 2nd Heated By Oil, 3rd Is Electric Heat. Gas Is On The Property So Heat Could Be Converted.

Additional Details

Possession None

Accepted Financing Contract

Structure Type []

House Color Cream

Sq Ft Source Public Record

Documents None

County Essex

Property Overview

Property Type

3 Family - 3 Units Up/Down

Listing Type

For Sale

Year Built

1900

Bedrooms

Full Bathrooms

Living Area

3,357 sq ft

Total Rooms

Stories

Levels

Floor Layout

Interior Features

Flooring: Vinyl, Hardwood

Appliances:

Interior Features: Living Room, Dining Room, Kitchen

Windows:

Basement: Full, Interior Entry, Bulkhead, Concrete

Laundry: Washer Hookup

Security:

Construction & Materials

Year Built: 1900

Structure Type:

Exterior Materials:

Roof: Shingle

Foundation: Stone

Stories: 3

Heating, Cooling & Utilities

Heating: Forced Air, Oil, Electric

Cooling:

Hot Water: Oil

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch: Porch, Deck, Covered

Fencing: Fenced/Enclosed, Fenced

Other Structures:

Lot Features: Corner Lot, Level

Road Surface:

Parking & Garage

Total Parking Spaces: 4

Parking Features: Paved Drive, Off Street, Paved

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Down Payment

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Property Tax $692

Homeowners Insurance $200

PMI (if <20% down) $0

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Location

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Neighborhood

16 Salem St, Lynn MA 01905

Lynn, MA 01905

Listing Information

Listing Agent Melissa Jeffery

Listing Office Toner Real Estate, LLC

Office Phone 781-780-9054

Agent MLS ID C8000217

Office MLS ID AC1714

Listing Data Updated Sep 24, 2026 8:24 PM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

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(617) 955-2224 contact@bmnboston.com

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16 Salem St, Lynn MA 01905

About this home

Public Records & Permits

Recently Sold Nearby

Market Insights

Property Timeline

Listed for Sale

Previous Transaction - MLS #72721779

Previously Sold

Tax History

Home Facts

Investment Metrics

Interior

Exterior

Parking

Utilities

Financial

HOA & Community

MA Disclosures

Additional Details

Property Overview

Nearby Schools

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Market Analytics for Lynn, MA

16 Salem St, Lynn MA 01905

About this home

Public Records & Permits

BMN Estimate

Recently Sold Nearby

Property History

Market Insights

Property Timeline

Listed for Sale

Previous Transaction - MLS #72721779

Previously Sold

Detailed History Table ▼

Tax History

Financial Details

Facts & Features

Home Facts

Investment Metrics

Interior

Exterior

Parking

Utilities

Financial

HOA & Community

MA Disclosures

Additional Details

Property Overview

Floor Layout

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Nearby Schools

Elementary Schools

Middle Schools

High Schools

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Loan Summary

Rate Impact

Payment Over Time

Location

Neighborhood

Listing Information

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