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INVESTMENT SNAPSHOT
About this property
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 details
| Units | 3 |
| Living area | 3,750 sqft |
| Lot size | 5,955 sqft |
| Year built | 1900 |
| Price / sqft | $333 |
| County | Essex |
| MLS # | 73533690 |
Listing status
| Days on market | 48 days |
| Listed on | June 10, 2026 |
Taxes & financials
| Annual property tax | $12,817 |
| Tax year | 2026 |
| Assessed value | $1,244,400 |
| Zoning | R2 |
| Gross income (actual) | $0/yr |
| Net operating income (actual) | $0/yr |
| Total actual rent | $3,550/mo |
Building & lot
| Stories | 4 |
| Total rooms | 12 |
| Lot size | 0.14 acres |
| Garage spaces | 0 |
| Parking spaces | 3 |
| Parking | Paved Drive, Off Street |
| Basement | Full |
| Foundation | Stone |
| Roof | Shingle |
| Flooring | Tile, Hardwood |
Utilities & systems
| Heating | Forced Air, Natural Gas |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Electric Range, for Electric Dryer |
| Appliances | Range, Dishwasher, Disposal, Refrigerator |
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 49 Atlantic Terrace, Lynn MA 01902 have?
It is a 3-unit multi-family property with 3,750 sqft of living area, built in 1900.
How long has 49 Atlantic Terrace, Lynn MA 01902 been on the market?
49 Atlantic Terrace, Lynn MA 01902 has been listed for 48 days (since June 10, 2026).
What is the price per unit?
At a list price of $1,250,000 across 3 units, that works out to roughly $416,667 per unit.
What are the property taxes on 49 Atlantic Terrace, Lynn MA 01902?
Annual property taxes are $12,817 (2026), on an assessed value of $1,244,400.
What is the price per square foot?
At $1,250,000 for 3,750 sqft, that's about $333 per square foot.
Is there parking?
3 total parking spaces (paved drive, off street).
Where is this property located?
49 Atlantic Terrace, Lynn MA 01902 is in Lynn, Essex County, MA 01902.
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