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49 Atlantic Terrace, Lynn MA 01902

Lynn, MA 01902
$1,250,000
Est. $7,589/month
4
Beds
4
Baths
3,750
Sq Ft
$333
Price/Sq Ft
0.14
Acres
1900
Year Built
3
Parking
29
Days on Market
Active Listed Jun 10, 2026 • MLS# 73533690 Copied! • Updated Jun 14, 2026

About this home

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.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jun 10, 2026
$1,250,000
Original listing
Agent: Beth Jacobs Office: Coldwell Banker Realty - Marblehead

Tax History

Year Taxes Assessment
2026 $12,817 $1,244,400

Financial Details

Annual Property Tax
$12,817
Tax Year 2026
Assessed Value
$1,244,400

Facts & Features

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1900
Living Area 3,750 sq ft
Lot Size 0.14 acres
Bedrooms 4
Full Baths 4
Total Rooms 12

Investment Metrics

Units 3
Unit 1 Rent $2,100/mo · Y
Unit 2 Rent — · N
Unit 3 Rent $1,450/mo · N
Total Monthly Rent $3,550/mo
Heating Forced Air, Natural Gas
Cooling None
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Refrigerator
Fireplace None
Fireplaces 3
Basement Full
Laundry Electric Dryer Hookup
Features Bathroom With Tub, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Sunroom
Construction None
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Paved Drive, Off Street
Total Spaces 3
Electric Circuit Breakers, Knob & Tube Wiring
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer

Financial

Annual Tax $12,817
Assessed Value $1,244,400
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures Buyers And Buyers Agents To Do Their Own Due Diligence.
Exclusions Light Fixture/Fan On First- Floor Living Room Belongs To Tenant.
Possession None
Accepted Financing None
Structure Type []
House Color white
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 4 days

Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
4
Full Bathrooms
4
Living Area
3,750 sq ft
Total Rooms
12
Stories
4
Levels
4

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Refrigerator
Interior Features: Bathroom With Tub, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Sunroom
Windows:
Basement: Full
Laundry: Electric Dryer Hookup
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Stone
Stories: 4

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 1
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Paved Drive, Off Street

Special Features

Fireplaces: 3
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Marina
School District
Lynn School District local
D
School Safety 2024-25
3.5% Above Average
3.0% Suspensions 0.3% In-School 0.1% Expulsions 0.4% Emergency
2.0% below state avg
E

Elementary Schools

10 schools
B-
KIPP Academy Lynn Charter School
1.0 mi | #197 of 346 | Score: 51.6
Improved 64 spots from last year
-6.6 below state avg
1,637 students Moderate
High Graduation Rate Rising School College Ready Curriculum
Grades K-12
The Hathaway School
1.1 mi
Grades PK-08
C-
Lynn Vocational Technical Institute
1.2 mi | #284 of 346 | Score: 42.8
Improved 50 spots from last year
-15.5 below state avg
1,584 students Moderate
Early College Program Rising School Career Tech Programs
Grades PK-12
St. Pius V Elementary School
1.6 mi
Grades PK-08
Sacred Heart Elementary School
2.2 mi
Grades PK-08
North Shore Christian School
2.2 mi
Grades PK-08
TEAMS Academy at Virginia Barton Center
3.0 mi
Grades PK-12
C-
Brickett Elementary School
0.4 mi | #688 of 824 | Score: 36.3
Improved 101 spots from last year
-21.9 below state avg
318 students Moderate
Rising School
Grades K-05
C-
E. J. Harrington Elementary School
0.5 mi | #717 of 824 | Score: 34.2
Improved 76 spots from last year
-24 below state avg
687 students Moderate
Rising School
Grades PK-05
C-
Ingalls School
0.8 mi | #673 of 824 | Score: 37.3
Improved 125 spots from last year
-20.9 below state avg
719 students Moderate
Rising School
Grades K-05
M

Middle Schools

2 schools
C-
Thurgood Marshall Middle School
0.7 mi | #311 of 352 | Score: 30.5
Improved 40 spots from last year
-27.7 below state avg
1,310 students Moderate
Rising School
Grades 06-08
C+
Pickering Middle School
2.3 mi | #226 of 352 | Score: 38.6
Improved 81 spots from last year
-19.6 below state avg
583 students Diverse
Rising School
Grades 06-08
H

High Schools

6 schools
B
Fredrick Douglass Collegiate Academy
0.6 mi | #12 of 25 | Score: 33.4
Improved 330 spots from last year
-24.8 below state avg
235 students Moderate
Early College Program Rising School
Grades 06-12
St. Mary's High School
1.0 mi
Grades 07-12
City Arts & Sciences Academy at Fecteau-Leary
1.2 mi
Grades 06-12
B-
Harold Durgin Success Academy
1.2 mi | #16 of 25 | Score: 30.4
Improved 329 spots from last year
-27.8 below state avg
94 students Diverse
Rising School Career Tech Programs
Grades 09-12
D
Lynn English High School
1.3 mi | #318 of 346 | Score: 33.5
Improved 37 spots from last year
-24.8 below state avg
2,062 students Moderate
18 sports • 1,425 athletes
Early College Program Rising School Career Tech Programs Strong Athletics
Grades 09-12
C-
Classical High School
2.8 mi | #302 of 346 | Score: 37.9
Improved 51 spots from last year
-20.3 below state avg
1,795 students Moderate
Early College Program Rising School Career Tech Programs
Grades 09-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,068
Homeowners Insurance $200
PMI (if <20% down) $0

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Payment Over Time

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Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Neighborhood

49 Atlantic Terrace, Lynn MA 01902

Lynn, MA 01902

Listing Information

Listing Agent Beth Jacobs
Listing Office Coldwell Banker Realty - Marblehead
Office Phone 781-631-9511
Agent MLS ID C3523176
Office MLS ID AN6221
Listing Data Updated Jun 14, 2026 4:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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