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10 Valley Ave, Lynn, MA, 01902

7beds
2baths
2,445sqft
$789,986
$323price/sqft
$5,478/moest. monthly cost
$219,120/yrincome needed

About This Home

FULLY VACANT!! 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 new kitchen cabinets and flooring as well as other updates all throughout. 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! Don't miss this great opportunity!

Getting Around

84
WalkingVery Walkable
46
TransitSome Transit
27
BikeSomewhat Bikeable

Schools

4/10
1/10
Lynn English High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Block,Stone,Brick/Mortar
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Interior Entry,Concrete,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Wood,Laminate,Hardwood
  • Finished area above ground: 2,445

Interior Area

  • Total structure area: 2,445
  • Total interior livable area: 2,445 sqft

Property

Details

  • Parcel number: M:083 B:665 L:007,2004305
  • Zoning: R2

Features

  • Exterior features: Rain Gutters

Lot

  • Lot size: 2,696 sqft
  • Features: Corner Lot

Parking

  • Total spaces: 4
  • Parking features: Paved Drive,Off Street
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,994$47,928
Home Insurance *$331$3,972
Property Taxes $671$8,052
Electricity $482$5,785
Total$5,478$65,736
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$187,817/yr
40% on housing$164,340/yr
45% on housing$146,080/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$323This listing

vs Other Active Listings

Avg $/sqft

ZIP 01902$272
Essex County$385

vs Homes Sold Last Month

Median $/sqft

ZIP 01902$383
Essex County$387

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-13Pending sale$789,986
2026-08-05Contingent$789,986
2026-07-29Listed for sale$789,986
2026-04-01Listing removed$794,986
2026-03-17Price change$794,986
2026-02-25Price change$844,986
2026-02-11Listed for sale$849,986
1994-05-25Sold$24,500
1989-06-15Sold$165,000

For Sale by Agent

AgentMatt Tasgin
BrokerageUnited Brokers

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