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About this property
Exceptional 3 Family With Breathtaking Ocean Views! One of A Kind Property Located On The Desirable Swampscott/Lynn Line Featuring 16 Rooms, 7 Bedrooms, And 3.5 Bathrooms! This Spacious Property Offers Generously Sized, Sun-Filled Units With Timeless Character And Flexible Living Space Ideal For Both Investors And Owner-Occupants. Classic Architectural Details, Hardwood Flooring, And A Well-Maintained Layout Create The Perfect Blend Of Charm And Functionality. Laundry In Units and Separate Utilities Provide Added Convenience For Owners And Tenants. Recent Improvements Include Newer High Efficiency Gas Heating Systems, Newer Windows, Updated Electric! This Prime Coastal Location Offers The Best Of Convenience And Lifestyle. Strong Rental Appeal And The Opportunity To Own A Signature Property In One Of Lynn's Most Sought-After Waterfront Neighborhoods! Great Value!
Property details
| Units | 3 |
| Living area | 4,846 sqft |
| Lot size | 0 sqft |
| Year built | 1910 |
| Price / sqft | $227 |
| County | Essex |
| MLS # | 73551917 |
Listing status
| Days on market | 4 days |
| Listed on | July 19, 2026 |
Taxes & financials
| Annual property tax | $13,028 |
| Tax year | 2026 |
| Assessed value | $1,103,400 |
| Zoning | R4 |
| Gross income (actual) | $75,600/yr |
| Net operating income (actual) | $75,600/yr |
| Total actual rent | $6,300/mo |
Building & lot
| Stories | 3 |
| Total rooms | 16 |
| Lot size | 0 acres |
| Garage spaces | 0 |
| Parking spaces | 4 |
| Parking | Off Street, Tandem |
| Basement | Full |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Hardwood |
Utilities & systems
| Heating | Natural Gas |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Dishwasher, Disposal, Refrigerator, Microwave |
Location
More about investing in Lynn →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 34 Ocean Terrace, Lynn MA 01902 have?
It is a 3-unit multi-family property with 4,846 sqft of living area, built in 1910.
How long has 34 Ocean Terrace, Lynn MA 01902 been on the market?
34 Ocean Terrace, Lynn MA 01902 has been listed for 4 days (since July 19, 2026).
What is the price per unit?
At a list price of $1,100,000 across 3 units, that works out to roughly $366,667 per unit.
What are the property taxes on 34 Ocean Terrace, Lynn MA 01902?
Annual property taxes are $13,028 (2026), on an assessed value of $1,103,400.
What is the price per square foot?
At $1,100,000 for 4,846 sqft, that's about $227 per square foot.
Is there parking?
4 total parking spaces (off street, tandem).
Where is this property located?
34 Ocean Terrace, Lynn MA 01902 is in Lynn, Essex County, MA 01902.
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