3 Family - 3 Units Up/Down at 49 Atlantic Terrace, Lynn MA 01902
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$1,250,000

49 Atlantic Terrace, Lynn MA 01902
Lynn, MA 01902
Listed by Beth Jacobs
Bedrooms
4
Bathrooms
4
Living area
3,750 sqft
Year built
1900

About this home

Exceptional Three-Family home with unobstructed ocean views of Nahant bay. Located in Lynn's highly sought after diamond district neighborhood. This property offers an excellent opportunity for both investors, and owner-occupants, featuring 3 spacious units with strong rental income potential. 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. Close to Beaches, restaurants, North Shore Community College, Lynn Marina/Yacht Club and commuter rail to Boston. 3 car parking.

Highlights

Fireplace

Property details

MLS
MLS Property Information Network
MLS #
73533690
Property type
3 Family - 3 Units Up/Down
Subdivision
N/A
Status
Active
Days on market
135
On market date
June 10, 2026
Stories
4
Total bathrooms
4
Garage spaces
N/A
Parking spaces
3
Lot size
0.14 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Brickett Elementary
0.37 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
316
Student:teacher ratio
13.2:1
District
Lynn
Middle
Thurgood Marshall Mid
0.7 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,275
Student:teacher ratio
13.6:1
District
Lynn
High
Fecteau-Leary Junior/Senior High School
1.23 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
90
Student:teacher ratio
3.5:1
District
Lynn

Walkability

Blended score for Lynn's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

81
Highly walkable
out of 100
EPA National Walkability Index
13.7 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks18
Schools12
Transit stops20
Pharmacies6

Market position

How this listing compares to current activity in Lynn, from live MLS data.

On the market 135 days -- 48 more days than Lynn's current average of 87 days.
For reference, the median list price across 730 active listings in Lynn right now is $4,650.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$7,678/mo
$250,000 down
$1,000,000 loan
Principal & interest$6,486
Property tax (est.)$1,042
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated August 31, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.