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5 Landing Rd, Essex MA 01929

$1,300,000

Estimated $3,321/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $650,000

Total Rent: 152988/year

Estimated CAP Rate:

5 Bedrooms

Baths

3248

Total Parking: 12 (2 Garage)

34,412 (0.79)

This unique property offers two side-by-side attached townhomes, each with its own private entrance and garage space! Sunny, bright, and airy with oversized windows, an open floor plan, and a large new deck overlooking a beautiful wooded setting. Perfect for multi-generational living, an owner-occupant looking to offset expenses, or an investor seeking a great opportunity in one of Cape Ann's most sought-after towns. Enjoy a public boat launch just minutes away, hiking trails right across the street, and a short walk to downtown Essex. Built from the ground up just 20 years ago, both units have been tastefully renovated and exceptionally well maintained. Unit 1 features a private garage, two private entrances, and an open kitchen, living, and dining area, along with a half bath on the main level. The second floor offers two spacious bedrooms, 2 full baths, office space, and private attic storage. Unit 2 also includes a private garage and entrance, plus a large versatile lower-level room ideal for guests, a home office, family room, or additional bedroom space and a full bath on main floor. Upstairs you'll find two bedrooms and two full baths. Both units enjoy access to an expansive new deck overlooking beautiful natural surroundings filled with wildlife, creating a peaceful and private setting that's increasingly hard to find. All this along with one of the best public school systems in the state ranked in top tier: Manchester-Essex!

This home has been viewed 41 times

Last Checked: October 5th, 2026 at 8:08am (Source: MLS PIN #73583284)

Gross Income: $152,988

Gross Expenses: $14,555

Net Income Calc: $138,433

Annual Expenses for 5 Landing Rd, Essex MA 01929

Total Gross Expenses (Calculated)$14,555/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax14555

Annual Income & Unit Breakdown for 5 Landing Rd, Essex MA 01929

Total Gross Income (Calculated)$152,988

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full, 1 Half

Floor2

Levels in Unit2

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full, 1 Half

Floor3

Levels in Unit3

Rent Includes

General Information for 5 Landing Rd, Essex MA 01929

Listing ID73583284

Property TypeMulti Family / 2 Family

Price1300000 ($400.25/SqFt)

Style2 Family - 2 Units Side By Side

CityEssex

CountyEssex

Neighborhood(s)Ipswich

Approximate Living Area Total3248

Approximate Lot Size (Acres)0.79

Total Parking12 (2 Garage)

Garage Parking2

Year Built2003

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRS

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 5 Landing Rd, Essex MA 01929

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWall Mounted Vac In Garage. Hose Reels. Tv Wall Mounts. Japanese Maple Tree.

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 5 Landing Rd, Essex MA 01929

Real Estate Taxes14555

Tax Year2026

Assessed Value$1,116,200

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 5 Landing Rd, Essex MA 01929

Elementary SchoolEssex Elementary

Middle SchoolManchester-Essex Ms

High SchoolManchester -Essex Hs

Neighborhood(s)Ipswich

Area Amenities

Contact Information for 5 Landing Rd, Essex MA 01929

Agent

Name: Jeremy McElwain

Office

Name: Coldwell Banker Realty - Manchester

Phone: 978-526-7572

Payment Calculator

, Interest

Property Taxes 1212.92

Principal & Interest 8010.19

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Manchester

Jeremy McElwain

Agent Phone

Office Phone

(978) 526-7572

Text Agent Call Agent Call Office

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EXIT

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