34 Ocean Terrace, Lynn, MA 01902
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$1,100,000
3 Unit
7 Beds
4 Baths
4846 SQFT
0.00 Acre

Property Description

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 tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 7
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Total Fireplaces: 3
  • Amenities: Conservation Area, Highway Access, House of Worship, Marina, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Full
  • Common Rooms: Dining Room, Kitchen, Living Room, Sunroom
  • Common Interior Features: Bathroom With Tub & Shower
  • Common Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Common Heating: Extra Flue, Gas, Heat Pump

Financial

  • APOD Available: Yes
  • Gross Operating Income: 75600
  • Net Operating Income: 75600

Utilities

  • Heat Zones: 3
  • Electric Info: 100 Amps, Other (See Remarks)
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1910
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73551917
  • Last Updated: 07/23/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
07/23/2026Active$1,100,000$227MLSPIN
07/19/2026New$1,100,000$227MLSPIN

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Seller's Representative: Colleen Toner, Toner Real Estate, LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-07-23 03:05:00