Two-family property set on an oversized lot in a desirable Lynn location near Flax Pond. Both units offer a flexible floor plan with spacious rooms and solid interior condition, making this an ideal opportunity for owner-occupants and investors alike. Interior updates have been well cared for, allowing a new owner to focus on maximizing future value. The exterior will benefit from trim and shingle repairs and/or replacement, presenting a clear value-add opportunity. A detached oversized one-car garage and ample outdoor space add to the property’s appeal and functionality. With strong upside potential in rental income and a location close to commuter routes, and local amenities, this is a smart long-term hold with room to grow.
For sale
Price increase: $49.4K (8/7)
$899,412
48 Saratoga St, Lynn, MA 01902
6beds
2,844sqft
2 Family - 2 Units Up/Down
Built in 1927
-- sqft lot
$891,200 Zestimate®
$316/sqft
$-- HOA
What's special
Detached oversized one-car garageOversized lotAmple outdoor spaceSolid interior conditionFlexible floor planSpacious rooms
- 141 days |
- 593 |
- 27 |
Zillow last checked:
Listing updated:
Listed by:
The Bill Butler Group 617-771-9376,
Leading Edge Real Estate 781-979-0100
Source: MLS PIN,MLS#: 73494075
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Natural Gas
Cooling
- Central Air
Features
- Lead Certification Available, Ceiling Fan(s), Pantry, Living Room, Dining Room, Kitchen, Sunroom
- Flooring: Wood, Tile, Carpet
- Doors: Insulated Doors
- Basement: Full,Partially Finished,Walk-Out Access,Interior Entry,Concrete
- Has fireplace: No
Interior area
- Total structure area: 2,844
- Total interior livable area: 2,844 sqft
- Finished area above ground: 2,844
Property
Parking
- Total spaces: 6
- Parking features: Paved Drive, Off Street, Paved
- Garage spaces: 1
- Uncovered spaces: 5
Features
- Patio & porch: Porch, Deck
- Pool features: Above Ground
- Fencing: Fenced
- Waterfront features: Lake/Pond, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Lot
- Size: 6,360 Square Feet
Details
- Parcel number: 1997916
- Zoning: R1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 Family - 2 Units Up/Down
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1927
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Range, Varies per Unit
Community & HOA
Community
- Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Golf, Conservation Area
Location
- Region: Lynn
Financial & listing details
- Price per square foot: $316/sqft
- Tax assessed value: $810,407
- Annual tax amount: $8,396
- Date on market: 3/31/2026
- Total actual rent: 2500
- Road surface type: Paved
Estimated market value
Zestimate®
$891,200
Estimated sales range
$847,000 - $936,000
Rent Zestimate®
$3,224/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Price change | $899,412+5.8%$316/sqft |
Source: MLS PIN #73494075 Report a problem | ||
| 3/31/2026 | Listed for sale | $850,000+102.4%$299/sqft |
Source: MLS PIN #73494075 Report a problem | ||
| 9/26/2016 | Sold | $420,000-6.6%$148/sqft |
Source: Public Record Report a problem | ||
| 6/9/2016 | Pending sale | $449,900$158/sqft |
Source: CENTURY 21 Hughes #72002816 Report a problem | ||
| 6/5/2016 | Listed for sale | $449,900$158/sqft |
Source: CENTURY 21 Hughes #72002816 Report a problem | ||
| 5/19/2016 | Pending sale | $449,900$158/sqft |
Source: CENTURY 21 Hughes #72002816 Report a problem | ||
| 5/11/2016 | Listed for sale | $449,900+210.3%$158/sqft |
Source: Century 21 Hughes #72002816 Report a problem | ||
| 6/9/1997 | Sold | $145,000-11%$51/sqft |
Source: Public Record Report a problem | ||
| 2/13/1989 | Sold | $163,000$57/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,396 +5.4% | $810,407 +7.1% |
| 2024 | $7,965 +0.1% | $756,400 +6% |
| 2023 | $7,960 | $713,900 |
| 2022 | $7,960 +6.5% | $713,900 +24.4% |
| 2021 | $7,475 +7.1% | $573,700 +10.2% |
| 2020 | $6,977 +2.8% | $520,700 +9.7% |
| 2019 | $6,787 +6.7% | $474,600 +13% |
| 2018 | $6,363 -2.6% | $420,000 +0.3% |
| 2017 | $6,535 +8.3% | $418,900 +12.3% |
| 2016 | $6,034 +7.4% | $372,900 +11.2% |
| 2015 | $5,618 +6.9% | $335,400 +9.3% |
| 2014 | $5,257 +6.2% | $306,900 +5% |
| 2013 | $4,950 +4.6% | $292,400 +0.6% |
| 2012 | $4,733 +7.8% | $290,700 +7.4% |
| 2011 | $4,391 +10.2% | $270,700 +5.5% |
| 2010 | $3,985 -4.1% | $256,600 -21.3% |
| 2009 | $4,155 -13.1% | $326,100 -25.1% |
| 2008 | $4,781 +5.7% | $435,400 +0.1% |
| 2007 | $4,524 +11.8% | $435,000 +6.9% |
| 2006 | $4,046 +7.3% | $407,000 +9.9% |
| 2005 | $3,769 -1.2% | $370,200 +10.9% |
| 2004 | $3,816 +7.8% | $333,900 +24.6% |
| 2003 | $3,540 +17.8% | $268,000 +46.8% |
| 2001 | $3,006 +16.1% | $182,600 +25.1% |
| 1999 | $2,589 +30.6% | $146,000 +23.4% |
| 1995 | $1,983 | $118,300 |
Find assessor info on the county website
Monthly payment
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Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 01902
Nearby schools
GreatSchools rating
- 6/10HoodGrades: PK-5Distance: 0.3 mi
- 4/10Thurgood Marshall Middle SchoolGrades: 6-8Distance: 1 mi
- 1/10Lynn English High SchoolGrades: 9-12Distance: 0.4 mi
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