Spacious and well-maintained 2-family home situated on a corner lot! This LEAD COMPLIANT property features a 3-bedroom/1-bath unit and a 4-bedroom/1-bath unit, offering excellent flexibility for owner-occupants or investors seeking strong rental potential. Recent updates add value and peace of mind, including a roof approximately 5 years old, new hot water heater (1–2 years), and new front porch and steps (1 year). Unit 2 has been thoughtfully updated with new kitchen cabinets, countertops, flooring, refrigerator, and stove, along with bathroom improvements including a new floor, toilet, sink, and medicine cabinet. The third floor also features new oak flooring. Unit 1 includes a new kitchen floor. Additional highlights include off-street parking with a paved driveway for multiple vehicles and the added benefit of a corner lot. Conveniently located near shopping, restaurants, public transportation, and major routes!
This home has been viewed 35 times
Last Checked: April 2nd, 2026 at 4:29am (Source: MLS PIN #73476450)
Gross Income: $61,200
Gross Expenses: $7,005
Net Income Calc: $54,195
Annual Expenses for 10 Valley Ave, Lynn MA 01902
Total Gross Expenses (Calculated)$7,005/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7005
Annual Income & Unit Breakdown for 10 Valley Ave, Lynn MA 01902
Total Gross Income (Calculated)$61,200
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 10 Valley Ave, Lynn MA 01902
Listing ID73476450
Property TypeMulti Family
Price794986 ($325.15/SqFt)
StyleMulti Family
CityLynn
CountyEssex
Neighborhood(s)
Approximate Living Area Total2445
Approximate Lot Size (Acres)0.06
Total Parking4
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningR2
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 10 Valley Ave, Lynn MA 01902
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsAll Appliances To Remain.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 10 Valley Ave, Lynn MA 01902
Real Estate Taxes7005
Tax Year2025
Assessed Value$676,139
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 10 Valley Ave, Lynn MA 01902
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 10 Valley Ave, Lynn MA 01902