5 Landing Rd, Essex MA 01929

Essex, MA 01929
$1,300,000
Est. $7,986/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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5
Beds
5.5
Baths
3,248
Sq Ft
$400
Price/Sq Ft
0.79
Acres
2003
Year Built
2
Garage Spaces
15 hours 55 minutes
Time on Market
For Sale Listed Sep 28, 2026 • MLS# 73583284 Copied! • Updated Sep 28, 2026

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About this home

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!

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Property History

Property Timeline

🏠
Listed for Sale
Sep 28, 2026
$1,300,000
Original listing
Agent: Jeremy McElwain Office: Coldwell Banker Realty - Manchester

Tax History

Year Taxes Assessment
2026 $14,555 $1,116,200

Financial Details

Annual Property Tax
$14,555
Tax Year 2026
Assessed Value
$1,116,200

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style 2 Family - 2 Units Side by Side
Year Built 2003
Living Area 3,248 sq ft
Lot Size 0.79 acres
Stories 5
Bedrooms 5
Full Baths 5
Half Baths 1
Total Rooms 9

Investment Metrics

Units 2
Unit 1 Rent $9,999/mo · N
Unit 2 Rent $2,750/mo · N
Total Monthly Rent $12,749/mo
Gross Income $152,988
Net Operating Income $152,988
Cap Rate 11.77%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Partial
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 2
Has Garage Yes
Features Off Street
Total Spaces 10
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $14,555
Assessed Value $1,116,200
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint None
Seller Disclosures Both Units Are Tenant At Will And Can Be Delivered Vacant At Closing W/60 Notice.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Essex

Property Overview

Property Type
2 Family - 2 Units Side by Side
Listing Type
For Sale
Year Built
2003
Bedrooms
5
Full Bathrooms
5
Half Bathrooms
1
Living Area
3,248 sq ft
Total Rooms
9
Stories
5
Levels
5

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Partial
Laundry:
Security:

Construction & Materials

Year Built: 2003
Structure Type:
Exterior Materials:
Roof:
Foundation: Concrete Perimeter
Stories: 5

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Wooded, Cleared, Level
Road Surface:

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 10
Parking Features: Off Street

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

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Loan Amount
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,213
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

5 Landing Rd, Essex MA 01929

Essex, MA 01929

Listing Information

Listing Agent Jeremy McElwain
Listing Office Coldwell Banker Realty - Manchester
Office Phone 978-526-7572
Agent MLS ID BB802522
Office MLS ID AN6220
Listing Data Updated Sep 28, 2026 11:43 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steve Novak Real Estate
Steve Novak Real Estate
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