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INVESTMENT SNAPSHOT
About this property
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 2018 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.
Property details
| Units | 2 |
| Living area | 2,331 sqft |
| Lot size | 3,010 sqft |
| Year built | 1900 |
| Price / sqft | $386 |
| County | Essex |
| MLS # | 73525452 |
Listing status
| Days on market | 4 days |
| Listed on | May 27, 2026 |
Taxes & financials
| Annual property tax | $7,836 |
| Tax year | 2025 |
| Assessed value | $756,377 |
| Zoning | R1 |
| Total actual rent | $0/mo |
Building & lot
| Stories | 3 |
| Total rooms | 12 |
| Lot size | 0.07 acres |
| Garage spaces | 0 |
| Parking spaces | 3 |
| Parking | Paved Drive, Common |
| Basement | Full |
| Foundation | Brick/Mortar |
| Roof | Tar/Gravel |
| Construction | Frame |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Lynn →
Listing courtesy of eXp Realty — Juan Lopera-Martinez. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 16 Crescent St, Lynn MA 01902 have?
It is a 2-unit multi-family property with 2,331 sqft of living area, built in 1900.
How long has 16 Crescent St, Lynn MA 01902 been on the market?
16 Crescent St, Lynn MA 01902 has been listed for 4 days (since May 27, 2026).
What is the estimated cap rate on this 2-family in Lynn?
Based on area median rents, the estimated cap rate is about 4.0%, with a Signal Score of 72/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $900,000 across 2 units, that works out to roughly $450,000 per unit.
What are the property taxes on 16 Crescent St, Lynn MA 01902?
Annual property taxes are $7,836 (2025), on an assessed value of $756,377.
What is the price per square foot?
At $900,000 for 2,331 sqft, that's about $386 per square foot.
Is there parking?
3 total parking spaces (paved drive, common).
Where is this property located?
16 Crescent St, Lynn MA 01902 is in Lynn, Essex County, MA 01902.
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