Overview Property Details Payment Calculator Walkability

Active Under Contract

108 Grove St, Lynn MA 01905

$1,099,000

Estimated $2,528.02/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $366,333.33

Total Rent: 108000/year

Estimated CAP Rate: 9.01%

12 Bedrooms

3 Full Baths

3,897 SqFt

Total Parking: 6

5,009 SqFt

Fantastic investment opportunity in Lynn! Spacious 3-family home featuring 3 with possibility for 4 bedrooms in each unit. , All units was fully renovated .ideal for an owner-occupant or investment. All units are lead compliant and offer beautiful hardwood floors. Private ...

This home has been viewed 21 times

Last Checked: July 4th, 2025 at 6:48am (Source: MLS PIN #73392651)

Gross Income: $108,000

Gross Expenses: $8,952

Net Income Calc: $99,048

CAP Rate: 9.01%

Annual Expenses for 108 Grove St, Lynn MA 01905

Total Gross Expenses (Calculated)$8,952/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$8,952

Annual Income & Unit Breakdown for 108 Grove St, Lynn MA 01905

Total Gross Income (Calculated)$108,000

Unit 1

Rental Income$3,000

LeaseY

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$3,000

LeaseN

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$3,000

LeaseN

Bedrooms4

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 108 Grove St, Lynn MA 01905

Listing ID73392651

Property TypeMulti Family / 3 Family

Price$1,099,000 ($282.01/SqFt)

Style3 Family

CityLynn

CountyEssex

MLS Area

Neighborhood(s)

Approximate Living Area Total3,897 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking6

Garage Parking

Year Built1910

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 108 Grove St, Lynn MA 01905

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$108,000

Total Net Income By Broker$108,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 108 Grove St, Lynn MA 01905

Real Estate Taxes$8,952

Tax Year2025

Assessed Value$864,100

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$108,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$108,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)9.01%

Location Information for 108 Grove St, Lynn MA 01905

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 108 Grove St, Lynn MA 01905

Agent

Name: MG Group

MLS ID: TM340461

Office ID: AN4345

Office

Name: Century 21 North East

MLS Office ID: AN4345

Phone: 617-389-1129

Team Members

Name: Maria Silveira

MLS ID: B8000595

Office ID: AN4345

National Association ID: 448552666

Phone: 781-241-3228

Payment Calculator

$7,517.69 per month

30 Years Fixed, 6.75% Interest

Property Taxes $746.00

Principal & Interest $6,771.69

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 North East

MG Group

Agent Phone

Office Phone

(617) 389-1129

Text Agent Call Agent Call Office

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EXIT

Active Under Contract

108 Grove St, Lynn MA 01905

$1,099,000

Annual Expenses for 108 Grove St, Lynn MA 01905

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General Information for 108 Grove St, Lynn MA 01905

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Financial Information for 108 Grove St, Lynn MA 01905

Location Information for 108 Grove St, Lynn MA 01905

Contact Information for 108 Grove St, Lynn MA 01905

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Century 21 North East

MG Group