Welcome To 10 Richard Street Located On The Lynn/Saugus Line! This Well-Maintained Two-Family Home Offers An Excellent Opportunity For Investors Or Owner-Occupants! Featuring Identical Layouts In Each Unit, The Property Includes A Total Of 8 Rooms, 4 Bedrooms, And 2 Full Bathrooms. Each Unit Offers A Spacious Living Room, Eat-In Kitchen, Two Generously Sized Bedrooms, and Full Bath. The First-Floor Unit Features Hardwood Flooring In The Bedrooms, While The Second-Floor Unit Offers Carpeting, Brand New Gas Line and Gas Cooking. Additional Highlights Include Two Updated Porches, Separate Electric Meters, A Private Deck, Detached Garage, Off-Street Driveway Parking, And A Level Fenced-In Yard Perfect For Outdoor Enjoyment. Recent Updates Include A New Rubber Roof Installed In 2025. Conveniently Located Close To Highway Access, Restaurants, Shopping, Public Transportation, and More! Great Value!
This home has been viewed 23 times
Last Checked: June 12th, 2026 at 4:58am (Source: MLS PIN #73523073)
Gross Income: $64,800
Gross Expenses: $6,682
Net Income Calc: $58,118
Water Views
Annual Expenses for 10 Richard Street, Lynn MA 01905
Total Gross Expenses (Calculated)$6,682/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6682
Annual Income & Unit Breakdown for 10 Richard Street, Lynn MA 01905
Total Gross Income (Calculated)$64,800
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
General Information for 10 Richard Street, Lynn MA 01905
Listing ID73523073
Property TypeMulti Family
Price650000 ($318.94/SqFt)
StyleMulti Family
CityLynn
CountyEssex
MLS AreaWest Lynn
Neighborhood(s)
Approximate Living Area Total2038
Approximate Lot Size (Acres)0
Total Parking6 (1 Garage)
Garage Parking1
Year Built1909
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Area1200
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR4
Water ViewsNo
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 10 Richard Street, Lynn MA 01905
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsTree House
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 Richard Street, Lynn MA 01905
Real Estate Taxes6682
Tax Year2025
Assessed Value$644,983
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 Richard Street, Lynn MA 01905
Elementary SchoolTracy
Middle SchoolBreed
High SchoolClassical
Neighborhood(s)
MLS AreaWest Lynn
Area AmenitiesWalk/jog Trails
Contact Information for 10 Richard Street, Lynn MA 01905