Cobbet Hill Apartments

498 Essex St, Lynn, MA 1902

Cobbet Hill Apartments is an income-restricted apartments at 498 Essex St in Lynn, MA 1902, with 117 apartments.

At a glance

• 117 apartments (HUD’s Low-Income Housing Tax Credit database)
• Bedrooms: 50 1-bedroom, 38 2-bedroom, 22 3-bedroom, 6 4+ bedroom
• 2,468 sq ft of building area
• 2.67 acre lot
• Assessed at $13,592,300 for fiscal year 2026
• Last sold as a whole for $2,302,078 in December 2016

No homes in Cobbet Hill Apartments are listed right now. Ask Benjamin Realty to tell you when one comes on the market.

Income-restricted housing

Cobbet Hill Apartments is in HUD project-based Section 8, Low-Income Housing Tax Credit, with 117 low-income units and 116 HUD-assisted units, in service since 1988.

HUD's last physical inspection score: 87 out of 100 (2025-04-28).

Lynn Housing Authority: how to apply, waitlists and income limits. How housing assistance works in Massachusetts.

Getting around

Walkability: 89 out of 100, from how close everyday places are.

Closest train and subway stops:

• Lynn Interim (MBTA Newburyport/Rockport Line), 0.3 mi
• Swampscott (MBTA Newburyport/Rockport Line), 1.3 mi
• River Works (MBTA Newburyport/Rockport Line), 1.6 mi

Closest bus stops:

• Washington St @ Essex St (MBTA 435), 0.1 mi
• Washington St @ Munroe St (MBTA 435 436 455), 0.2 mi
• Market St @ Liberty St (MBTA 426 429 455), 0.3 mi

Public schools nearby

• Robert L Ford (elementary, grades 1–5), 0.3 mi
• Fecteau-Leary Junior/Senior High School (high, grades 6–12), 0.4 mi

The district decides which school serves an address. Distances are straight-line.

Questions about Cobbet Hill Apartments

How many units are in Cobbet Hill Apartments?

Cobbet Hill Apartments has 117 apartments, according to HUD’s Low-Income Housing Tax Credit database.

Are there homes for sale or rent in Cobbet Hill Apartments right now?

None are listed at the moment. Benjamin Realty can tell you when a home in Cobbet Hill Apartments comes on the market.

What is the closest T or train station to Cobbet Hill Apartments?

Lynn Interim (MBTA Newburyport/Rockport Line) is 0.3 miles away, in a straight line.

Is Cobbet Hill Apartments income-restricted housing?

Yes. Cobbet Hill Apartments is in HUD project-based Section 8, Low-Income Housing Tax Credit, with 117 low-income units. Ask the building’s management about its income limits and waitlist, or ask Benjamin Realty.

Buildings near Cobbet Hill Apartments

• Willow Apartments — 7 Willow St, 70 apartments, 0.2 mi
• Washington St Housing — 147 Washington St, 145 apartments, 0.3 mi
• St Marys Plaza — 30 Pleasant St, 99 apartments, 0.4 mi
• Harbor Loft — 678 Washington St, 358 apartments, 0.4 mi
• Quaker Meadows — 82 Green St, 104 apartments, 0.5 mi
• Leisure Tower — 10 Farrar St, 181 apartments, 0.5 mi
• Marian Gardens — 18 Anderson Ln, 94 apartments, 0.6 mi
• Ocean Shores Apartments — 50 Lynnway, 202 apartments, 0.7 mi

More: all 14 large buildings in Lynn · Lynn homes for sale and rent

Sources

• MassGIS Standardized Assessors’ Parcels (municipal assessors)
• HUD Low-Income Housing Tax Credit database
• HUD Multifamily Assisted Properties

Assessed values and sales are public records from municipal assessors. An assessed value is set for taxation and may differ from market value. Data checked 2026-11-02.

To ask about homes in Cobbet Hill Apartments or book a showing, call Benjamin Realty at (617) 734-5050 or email [email protected].