10 Essex Ct, Lynn, MA 01902
- Added:
- May 26, 2026
- Days on Market:
- 33
- Last Refresh:
- Jun 27 at 2:06 pm
Property Features for 10 Essex Ct
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1
- Parking
- 2
- Standard status
- Active
- APN
- 2004175
- Size
- 1,776 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 6650
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
Listing agent Norm Aboshar (603) 883-8400
Listing office Keller Williams Gateway Realty 130 Main Street, Suite 105, Nashua, MA (603) 912-5470
Listing date May 26, 2026
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two‑family property located in the heart of Lynn, built in 1900
- Each unit offers 2 bedrooms and 1 full bathroom
- Separate utilities for each unit
- Functional two‑unit layout with a total of 4 bedrooms and 2 full bathrooms across the property
- Convenient to shopping, restaurants, public transportation, and major routes
Overview
The property is located at 10 Essex Ct in Lynn, Massachusetts, within R3 zoning. The listing describes the address as convenient to shopping, restaurants, public transportation, and major routes.
For buyers seeking a flexible setup, the duplex can support multi-generational living with separate unit layouts, or provide rental income through two independently serviced units. The 2-bedroom/1-bath configuration is practical for a range of tenants, and the separate utilities simplify billing and unit management for an owner-operator or rental-minded buyer.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.3k | $30.60 |
| − Vacancy | −$3.4k | −$1.89 |
| EGI | $51.0k | $28.71 |
| − OpEx | −$15.3k | −$8.61 |
| NOI | $35.7k | $20.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lynn
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.944547
- Latitude
- 42.467764
