16 Salem St Lynn — Photo 1 of 42
$999,900
Investment Analysis — 16 Salem St
Lynn, MA 01905
Based on rent reported on the MLS listing, a 3-unit multi-family in 01905 carries $5,750/mo in gross rent — about a 4.41% cap rate and $44,131/yr in estimated NOI at the $999,900 list price. Adjust every assumption in the calculator below.
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
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Property History
$999,900
Sep 24, 2026
MLS® 73582312
$949,900
Aug 31, 2026
MLS® 73486068
$949,900
Mar 12, 2026
MLS® 73486068
Listing Agent: Melissa Jeffery
Listing Office: Toner Real Estate, LLC
MLS® Number: 73582312