Active
45 Days on market
107 Grant Street Lynn — Photo 1 of 25

107 Grant Street Lynn — Photo 1 of 25

Recent Drop: $50,000

$534,998
$484,998

$484,998

Investment Analysis — 107 Grant Street

Lynn, MA 01902

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01902 carries an estimated $3,080/mo in gross rent — about a 4.80% cap rate and $23,282/yr in estimated NOI at the $484,998 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,200

Style

Single Family

Built

1920

Welcome to this well-maintained, low-maintenance 3-bedroom, 2-bath home that’s perfect for first-time homebuyers or those looking to downsize without the expense of condo fees! The updated eat-in kitchen features granite countertops, a stylish tile backsplash, and plenty of cabinet space. The first floor offers exceptional convenience with two full bathrooms, one privately located in the first-floor bedroom, creating a potential primary suite, and the second conveniently situated off the main living area for guests and everyday use. Step right outside from the primary suite onto the private back deck—the perfect spot to enjoy your morning coffee or unwind after a long day. Laundry hookups are available on both the first and second floors for added flexibility. Upstairs, you’ll find two generously sized bedrooms with ample closet space and storage. Enjoy the benefits of off-street parking, a low-maintenance yard, vinyl siding, and a brand-new hot water tank. With its functional layout, easy upkeep, and affordable lifestyle, this move-in ready home is one you won’t want to miss!

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 600 sq ft (the lesser of 900 sq ft or half the 1,200 sq ft principal dwelling). Lot size: 2,026 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

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Property Details

Financials

Original Price$534,998
Annual Taxes$4,808

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms5
FireplacesNone
FlooringTile, Carpet, Concrete
BasementFull, Interior Entry, Bulkhead, Concrete, Unfinished

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningR2

Property & Lot

Acres0.05
SqFt Lot2,026
Lot FeaturesCleared, Level

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3
First
Living RoomKitchenPrimary BedroomBathroom 1Bathroom 2
Living Room
Lvl First

16 x 13

Ceiling Fan(s), Flooring - Wall to Wall Carpet, Cable Hookup, Exterior Access

Kitchen
Lvl First

11 x 12

Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Stainless Steel Appliances, Gas Stove

Primary Bedroom
Lvl First

12 x 12

Bathroom - Full, Closet, Flooring - Wall to Wall Carpet, Cable Hookup, Exterior Access

Bedroom 2
Lvl Second

13 x 13

Bedroom 3
Lvl Second

11 x 19

Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Cable Hookup

Bathroom 1
Lvl First

5 x 8

Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl First

5 x 8

Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup

Property History

Price Drop
$484,998

Was $499,998

Sep 15, 2026

MLS® 73558158

Price Drop
$499,998

Was $534,998

Aug 17, 2026

MLS® 73558158

Listed
$534,998

Aug 3, 2026

MLS® 73558158

Listing Provided By

Listing Agent: Renee Merchant

Listing Office: Lamacchia Realty, Inc.

MLS® Number: 73558158