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For sale
  • $850,000

    48 Saratoga St, Lynn, MA 01902

    6beds
    2,844sqft
    : 
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    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
    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.
    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

        DateEventPrice
        3/31/2026Listed for sale$850,000+102.4%$299/sqft
        Source: MLS PIN #73494075 Report a problem
        9/26/2016Sold$420,000-6.6%$148/sqft
        Source: Public Record Report a problem
        6/9/2016Pending sale$449,900$158/sqft
        Source: CENTURY 21 Hughes #72002816 Report a problem
        6/5/2016Listed for sale$449,900$158/sqft
        Source: CENTURY 21 Hughes #72002816 Report a problem
        5/19/2016Pending sale$449,900$158/sqft
        Source: CENTURY 21 Hughes #72002816 Report a problem
        5/11/2016Listed for sale$449,900+210.3%$158/sqft
        Source: Century 21 Hughes #72002816 Report a problem
        6/9/1997Sold$145,000-11%$51/sqft
        Source: Public Record Report a problem
        2/13/1989Sold$163,000$57/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

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        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

        Getting around

        71 / 100
        Very Walkable
        33 / 100
        Some Transit
        44 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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