49 Atlantic Ter, Lynn, MA, 01902
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.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Foundation: Stone
- Roof: Shingle
Type & Style
- Home type: MultiFamily
- Property subType: 3 Family - 3 Units Up/Down
Interior
Appliances
- Appliances included: Range,Dishwasher,Disposal,Refrigerator
- Laundry features: Electric Dryer Hookup
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Features
- Bathroom With Tub,Bathroom With Tub & Shower,Living Room,Dining Room,Kitchen,Sunroom
- Flooring: Tile,Hardwood
- Number of fireplaces: 3
- Fireplace: Yes
- Finished area above ground: 3,750
Heating
- Heating features: Forced Air,Natural Gas
Interior Area
- Total structure area: 3,750
- Total interior livable area: 3,750 sqft
Property
Details
- Parcel number: 2001669
- Zoning: R2
- Exclusions: Light Fixture/Fan On First- Floor Living Room Belongs To Tenant.
Features
- Has view: Yes
- View description: Water,Ocean
- Has water view: Yes
- Water view: Ocean,Water
- Waterfront features: Ocean,0 to 1/10 Mile To Beach,Beach Ownership(Public)
Lot
- Lot size: 5,955 sqft
Parking
- Total spaces: 3
- Parking features: Paved Drive,Off Street
- Has uncovered spaces: Yes
- Uncovered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,320 | $75,840 |
| Home Insurance * | $525 | $6,300 |
| Property Taxes | $1,062 | $12,744 |
| Electricity | $739 | $8,873 |
| Total | $8,646 | $103,752 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-10 | Listed for sale | $1,250,000 |
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