Sold for $905,000

$905,000

108 New Park St, Lynn, MA 01905

8beds

3,336sqft

3 Family - 3 Units Up/Down

Built in 1890

-- sqft lot

$1,048,200 Zestimate^®

$271/sqft

$3,100 Estimated rent

Home value

$1,048,200

$985,000 - $1.12M

$3,100/mo

Zestimate^® history

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$3,100/mo

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$5,595/mo

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$5,595/mo

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What's special

Nahant beachHigh ceilingsModern open space planCommuter railPrivate bath

This massive 3336 ft² 3-family is a wonderful opportunity for investors or owner-occupants. Extensively remodeled ten years ago, it features interiors in pristine, turn-key conditions and could be a gem with exterior TLC. This 15-Room, 8-Bedroom, 4-Bathroom property sits on a generous 5249 ft² fully paved lot offering parking spaces for 10+ vehicles! The 2-bed, 2-bath 1st fl. unit boasts high ceilings, a modern open space plan, a lovely alley kitchen and laundry in its pantry, a primary bedroom suite with private bath. 2nd & 3rd fl. units feature 3 bedrooms and 1 bath each, with front-end living rooms and rear-end dining room and eat-in-kitchen respectively. Storage available in dry, full basement with bulkhead and an attached shed. With a 74 Walk Score, the home is just minutes to parks, ponds, restaurants, the Commuter Rail, Lynn and Nahant Beach! All units occupied w/ TAW offering flexibility for owner-occupant buyers & upside rent potential. All offers due Tuesday 8/22 at 6pm.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Heating

Forced Air, Natural Gas, Steam, Electric

Cooling

Window Unit(s)

Appliances

Included: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Range Hood
Laundry: Gas Dryer Hookup, Washer Hookup

Features

Pantry, Bathroom with Shower Stall, Bathroom With Tub & Shower, Open Floorplan, Remodeled, Kitchen, Laundry Room, Living RM/Dining RM Combo, Living Room, Dining Room
Flooring: Tile, Hardwood, Stone/Ceramic Tile
Doors: Insulated Doors
Windows: Skylight(s), Insulated Windows
Basement: Full,Bulkhead
Has fireplace: No

Interior area

Total structure area: 3,336
Total interior livable area: 3,336 sqft

Property

Parking

Total spaces: 10
Parking features: Paved Drive, Off Street
Uncovered spaces: 10

Features

Patio & porch: Porch
Waterfront features: 1 to 2 Mile To Beach

Lot

Size: 5,249 Square Feet

Details

Additional structures: Shed(s)
Parcel number: 055210007,1991520
Zoning: R2

Construction

Type & style

Home type: MultiFamily
Property subtype: 3 Family - 3 Units Up/Down

Materials

Frame
Foundation: Block, Stone
Roof: Shingle

Condition

Year built: 1890

Utilities & green energy

Electric: 100 Amp Service
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range, for Gas Dryer, Washer Hookup

Community & HOA

Community

Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Conservation Area, Marina, Public School, T-Station

Location

Region: Lynn

Financial & listing details

Price per square foot: $271/sqft
Tax assessed value: $733,100
Annual tax amount: $8,174
Date on market: 1/19/2026
Exclusions: Window Ac Units And Lessee Belongings.
Total actual rent: 5500

Price history

Date	Event	Price
9/13/2023	Sold	$905,000+2.3%$271/sqft
Source: MLS PIN #73148813 Report a problem
8/15/2023	Listed for sale	$885,000+276.6%$265/sqft
Source: MLS PIN #73148813 Report a problem
5/27/2010	Sold	$235,000-26.8%$70/sqft
Source: Public Record Report a problem
2/4/2004	Sold	$321,000$96/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,418 -0.8%	$812,500 +0.8%
2024	$8,489 +3.9%	$806,200 +10%
2023	$8,174	$733,100
2022	$8,174 +3%	$733,100 +20.4%
2021	$7,937 +7.1%	$609,100 +10.1%
2020	$7,414 +6.2%	$553,300 +13.4%
2019	$6,978 +12.1%	$488,000 +18.7%
2018	$6,227 +6.6%	$411,000 +9.8%
2017	$5,839 +8.3%	$374,300 +12.3%
2016	$5,393 +11.3%	$333,300 +15.2%
2015	$4,846 +3.9%	$289,300 +6.3%
2014	$4,663 +13.5%	$272,200 +12.2%
2013	$4,107 -0.5%	$242,600 -4.3%
2012	$4,127 -2.1%	$253,500 -2.5%
2011	$4,216 +11.4%	$259,900 +6.6%
2010	$3,785 +2.4%	$243,700 -16.1%
2009	$3,698 -18.4%	$290,300 -29.7%
2008	$4,531 +6.5%	$412,700 +0.9%
2007	$4,254 +2.9%	$409,000 -1.7%
2006	$4,134 -3.8%	$415,900 -1.5%
2005	$4,299 -2.6%	$422,300 +9.4%
2004	$4,412 +14.8%	$386,000 +32.6%
2003	$3,844 +51.6%	$291,000 +89%
2001	$2,535 +20.3%	$154,000 +29.5%
1999	$2,108 -2%	$118,900 -7.3%
1995	$2,150	$128,300