
107 Grant Street Lynn — Photo 1 of 25
Recent Drop: $50,000
$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.
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
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Interior Specifications
Climate & Utilities
Building & Exterior
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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
Living Room
Lvl First16 x 13
Ceiling Fan(s), Flooring - Wall to Wall Carpet, Cable Hookup, Exterior Access
Kitchen
Lvl First11 x 12
Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Stainless Steel Appliances, Gas Stove
Primary Bedroom
Lvl First12 x 12
Bathroom - Full, Closet, Flooring - Wall to Wall Carpet, Cable Hookup, Exterior Access
Bedroom 2
Lvl Second13 x 13
Bedroom 3
Lvl Second11 x 19
Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Cable Hookup
Bathroom 1
Lvl First5 x 8
Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl First5 x 8
Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
Property History
$484,998
Was $499,998
Sep 15, 2026
MLS® 73558158
$499,998
Was $534,998
Aug 17, 2026
MLS® 73558158
$534,998
Aug 3, 2026
MLS® 73558158
Listing Agent: Renee Merchant
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73558158