16 Salem St

Lynn, MA 01905
Beds
6
Baths
3
Square Ft.
3,357
$999,900
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… Read MoreRead Less
Courtesy of Toner Real Estate, LLC, Melissa Jeffery.
Listing Snapshot
Days Online
38
Last Updated
Property Type
3 Family - 3 Units Up/Down
Beds
6
Full Baths
3
Square Ft.
3,357
Lot Size
0.11 Acres
Year Built
1900
MLS Number
73582312
Property Location Map
Additional Details
Property Access
Frontage Type: Public, Road Responsibility: Public Maintained Road
Basement
Full, Interior Entry, Bulkhead, Concrete
Building
Built in 1900, Year Built Details: Actual, Living area: 3357, 3 stories, Levels: 3
Community
Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
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.
Expenses
Operating: $5,500, Water/Sewer: $3,000
Exterior Features
Patio/Porch Features: Porch, Deck, Covered
Fence
Fenced/Enclosed, Fenced
Floors
Vinyl, Hardwood
Foundation
Stone
Heating
Forced Air, Oil, Electric
Income
Gross Income: $69,000, Net Operating Income: $63,500
Interior Features
Living Room, Dining Room, Kitchen
Laundry
Washer Hookup
Lot
0.11 acres, Corner Lot, Level
Parking
4 open parking spaces, 4 total parking spaces, Paved Drive, Off Street, Paved
Property
Farm Land area units: Square Feet
Roof
Shingle
Sewer
Public Sewer
Taxes
Parcel Number: 1991631, Annual Amount: $8,309, Assessed Value: $870,900, Tax Book Number: 39375, Year: 2025, Zoning: R2
Utilities
for Gas Range, Washer Hookup, Water Source: Public, Circuit Breakers
Water Features
Ocean, Beach Ownership(Public)
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Alexis Surpitski-MacIntyre
Broker-Owner, Realtor®, MA & NH
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