49 Atlantic Terrace, Lynn, MA 01902
Essex County
Key Facts
Description
Beautiful multifamily home with unobstructed ocean views of Nahant bay. Located in Lynn's highly sought after diamond district neighborhood. This property presents a unique opportunity for investors, developers, and owner-occupants. Consisting of three units with a strong rental history. The 1st floor unit offers 4+ rooms,1 bedroom, living room, dining room, eat in kitchen, sunroom and 1 bath, 2nd floor unit offers 4 rooms, living room, kitchen, 2 bedrooms, 2 baths, and is currently vacant, 3rd floor unit offers 3 rooms, living room, kitchen 1 bedroom and a bath. Built in 1900 with 3,750 sq.ft. of living space and 5,955 sq.ft. of land. There are many period details, including windows, doors, fireplaces, hardwood floors, staircase and moldings. Coin operated newer washer and dryer in basement. One heating system, separate electric, Close to Beaches, North Shore Community College, Lynn Marina/Yacht Club and commuter rail to Boston. 3 car parking.
Property Information
Property Type
Residential Income
Sub-Type
Triplex
Year Built
1900
Stories
4
Living Area
3,750 sq ft
Lot Size
0.14 acres
Parking Spaces
3
Zoning
R2
Days on Market
4
MLS® Listing#
73533690
Property Features
Appliances
Heating
Flooring
Basement
Parking
Laundry
Foundation
Roof
Sewer
Water Source
Financial Details
Annual Taxes
$12,817
Tax year 2026
Assessed Value
$1,244,400
Parcel Number
2001669
Directions
Ocean Ave to Atlantic Terrace
Affordability Calculator
$250,000
Estimated monthly payment
$6,653/mo
Principal $1,000,000 · Est. interest $1,395,089 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lynn, MA
- $622,500
- Median Listing Price
- 35
- Median Days on Market
- 1,527
- Median Sq Ft
- $378
- Median Price / Sq Ft
- 155
- Active Listings
- This home’s price is 101% above the area median.
- Its price per sq ft is 12% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lynn, MA.
Location
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Points of Interest in Lynn, MA
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 119 Bowler St, Lynn, MA | $875,000 | 5 | 2 | 2,079 |
| 15 Hanover St, Lynn, MA | $887,977 | 9 | 2 | 2,452 |
| 51 High Rock St, Lynn, MA | $889,900 | 8 | 3 | 3,245 |
| 48 Whiting, Lynn, MA | $895,000 | 7 | 3 | 5,149 |
| 399 Cedar Brook Rd, Lynn, MA | $899,900 | 5 | 3 | 2,609 |
| 12 Wendy Way, Lynn, MA | $899,900 | 4 | 3 | 2,711 |
Moving Cost Estimate
EXIT Agents in Lynn
Listing Courtesy: Coldwell Banker Realty - Marblehead - 7816319511
Presented by: Beth Jacobs