Well-maintained 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. Rent in unit two is market rent not actual. Actual is unknown.
For sale
$850,000
48 Saratoga St, Lynn, MA 01902
6beds
2,844sqft
2 Family - 2 Units Up/Down
Built in 1927
-- sqft lot
$840,600 Zestimate®
$299/sqft
$-- HOA
What's special
Detached oversized one-car garageOversized lotAmple outdoor spaceSolid interior conditionFlexible floor planSpacious rooms
- 96 days |
- 492 |
- 17 |
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
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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: $299/sqft
- Tax assessed value: $810,407
- Annual tax amount: $8,396
- Date on market: 3/31/2026
- Total actual rent: 3200
- Road surface type: Paved
Estimated market value
$840,600
$799,000 - $883,000
$2,745/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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 | $118,300 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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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
A local agent can set up tours, give advice and negotiate with sellers.
- Massachusetts
- Essex County
- Lynn
- 01902
- 48 Saratoga St



