Active
2 Days on market
16 Salem St Lynn — Photo 1 of 42

16 Salem St Lynn — Photo 1 of 42

$999,900

16 Salem St, Lynn, MA 01905

Lynn, MA 01905

Beds

6

Baths

3

SqFt

3,357

Style

3 Family - 3 Units Up/Down

Built

1900

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

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$298/sqft
Local Avg (Lynn)$334/sqft
11% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Lynn, MA.

Property Details

Financials

Original Price$999,900
Annual Taxes$8,309

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms14
FireplacesNone
FlooringVinyl, Hardwood
BasementFull, Interior Entry, Bulkhead, Concrete

Climate & Utilities

HeatingForced Air, Oil, Electric
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationStone
ZoningR2

Property & Lot

Acres0.11
SqFt Lot4,994
Lot FeaturesCorner Lot, Level

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Property History

Listed
$999,900

Sep 24, 2026

MLS® 73582312

Expired
$949,900

Aug 31, 2026

MLS® 73486068

Listed
$949,900

Mar 12, 2026

MLS® 73486068

Population

28,221

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$84K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

48.3%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

1,060 housing units permitted in the last 12 months (-11% vs the prior 12 months) — 603 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Melissa Jeffery

Listing Office: Toner Real Estate, LLC

MLS® Number: 73582312

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