10 Essex Ct Lynn, MA 01902
MULTI_FAMILY - Lynn, MA
- Added:
- May 26, 2026
- Days on Market:
- 50
- Last Refresh:
- Jul 14 at 7:06 am
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, Bathroom 2, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 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.
Investment Insights
Based on property information with market context.
The home is listed in R3 zoning and is positioned in the heart of Lynn, with access to shopping, restaurants, public transportation, and major routes.
With functional layouts and a straightforward two-unit configuration, this property can fit buyers seeking a multi-family home for rental income or an owner-occupant setup. The offering includes a total building size of 1,776 square feet and sits on a 0.0515-acre lot.
Key Highlights
- Two‑family property built in 1900
- Each unit has 2 bedrooms and 1 full bathroom
- Separate utilities for each unit
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 |
