Brought to you by: Linda Hayes - RE/MAX Advantage Real Estate
12 Atlantic Avenue
Marblehead, MA 01945

Phone: (781) 605-8805 Fax: (781) 479-4171
Website: www.NorthshoreHomeSite.com
Email: linda@northshorehomesite.com
 

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24 Ocean Terrace
Lynn, MA. 01902-2027

Essex County
Area: Diamond District
Directions: Lynn Shore Drive To Ocean Terrace (quiet Side Street--one Way)

MLS # 72185311 - Sold
Multi-Family 2 Family   Tan

List Price $519,900 Days on Market  
List Date   # Units 2
Sale Price $490,000 # Floors  
Sold Date 7/31/17 Rooms 10
Assessed Value $413,100 Bedrooms 4
Gross Living Area 2,237SF Full Baths 3
Lot Size 5,100SF Half Baths 0
Taxes $6,444.00 Fireplaces  
Tax Year 2017 Basement Yes
Zoning R4 Waterfront No
Est. Street Front   Beach Nearby Yes
Year Built 1900 Parking Spaces 4
    Garage Spaces 0
Remarks:
A Rare OpportunityDIAMOND DISTRICT 2 family, 10 rooms with 1 & 3 bedroom units right on Swampscott line. Top unit is Townhouse-style. Within sight and sound of the ocean--Four houses up from the ocean on a quiet one-way street. Separate parking, entrances, and systems. Desirable period details include curved windows on the first floor, oversized newer windows, high ceilings, Maple, Pine and newer Oak flooring. Pretty, private yard. Updated baths and kitchens. Windows on 2nd-floor unit replaced in 2011. Two oversized Mahogany decks (12 x 27) built in 2009 with overlooking the ocean from the 2nd-floor deck. **2nd Floor unit floor plan is very flexible--could be 3 bedrooms or 2 bedrooms with living/dining/kitchen. Pretty room adjoining master suite on 3rd floor with original paneling--would be perfect for home office or nursery. Great location for commuters-- 1/2 mile to Swampscott Train Station and close to Lynn station also.
Features
Amenities   Public
   Transportation, Walk/Jog
   Trails, House of
   Worship, T-Station
Basement   Full, Interior
   Access, Bulkhead,
   Concrete Floor,
   Unfinished Basement
Beach   0 to 1/10 Mil mi.,
   Ocean (Public)
Electricity   Circuit
   Breakers, 100 Amps
Energy   Insulated Windows
Exterior   Asbestos
Exterior Feat.   Deck -
   Wood, Covered
   Patio/Deck, Fenced Yard
Flooring   Tile, Hardwood
Foundation   Fieldstone
Hot Water   Tank
Lead Paint   Unknown
Lot   Paved Drive
Parking   Off-Street
Road   Public
Roof   Asphalt/Fiberglass
   Shingles
Sewer / Water   City/Town
   Sewer, City/Town Water
Units
Unit 1 Appliances: Range, Dishwasher, Disposal, Refrigerator; Bedrooms: 1; Cooling: None; Floor: 1;
     Fireplaces: 1; Full Baths: 1; Heating: Forced Air, Gas; Interior: Fireplace - Wood burning,
     Hardwood Floors, Wood Flooring, Bathroom With Tub, Slider; Lease: No; Levels: 1; Rent: 950; Rent
     Includes: Water; Rooms: 4; Rooms Desc.: Living Room, Dining Room, Kitchen
Unit 2 Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer; Bedrooms: 2; Cooling:
     None; Floor: 2; Full Baths: 2; Heating: Forced Air, Gas; Interior: Hardwood Floors, Wood Flooring,
      Walk-In Closet, Bathroom with Shower Stall, Bathroom With Tub, Open Floor Plan, Skylight,
     Slider; Lease: No; Levels: 2; Rent: 1100; Rent Includes: Water; Rooms: 6; Rooms Desc.: Kitchen,
     Laundry, Living RM/Dining RM Combo, Office/Den
Financial Info
Gross Expenses   $3,085
Gross Oper. Income  
   $10,800
Insurance   $2,125
Net Oper. Income   $10,800
Sewage   $480
Water   $480
Additional Information
APOD Available?   No
Anticipated Sale Date  
   07/31/2017
Deed   Book: 26109, Page:
   453
Disclosures   UNDER-MARKET
   RENTS are being charged.
   See attached document for
   room dimensions. Some rot
   at windowsills and
   columns on
   decks--condition factored
   into listing price.
Foreclosure   No
GLA Source   Public Record
Living Area Disclosures  
   See attached for room
   dimensions
Off Market Date   7/11/17
Parcel #   M:102 B:552
   L:029
Seller Disclosure Doc   No
Short Sale   No
Year Built Desc.  
   Approximate
Year Built Source   Public
   Record

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Property Last Updated by Listing Office: 8/1/17 10:31am

Courtesy: MLSPIN

Listing Office: RE/MAX Advantage Real Estate Listing Agent: Linda Hayes


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