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48 Saratoga St, Lynn MA 01902

Lynn, MA 01902
$850,000
Est. $5,198/month
6
Beds
3
Baths
2,844
Sq Ft
$299
Price/Sq Ft
0.15
Acres
1927
Year Built
2 Family - 2 Units Up/Down
Type
4
Days on Market
Active Listed Mar 31, 2026 • MLS# 73494075 Copied!

About this home

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.

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Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1927
Bedrooms
6
Full Bathrooms
2
Half Bathrooms
2
Living Area
2,844 sq ft
Total Rooms
13
Stories
3
Levels
3

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1927
Living Area 2,844 sq ft
Lot Size 0.15 acres
Bedrooms 6
Full Baths 2
Half Baths 2
Total Rooms 13

Interior

Heating Natural Gas
Cooling Central Air
Flooring Wood, Tile, Carpet
Appliances None
Fireplace None
Basement Full, Partially Finished, Walk-out Access, Interior Entry, Concrete
Laundry None
Features Lead Certification Available, Ceiling Fan(s), Pantry, Living Room, Dining Room, Kitchen, Sunroom

Exterior

Construction Frame
Architecture None
Roof Shingle

Parking

Garage Spaces 1
Has Garage Yes
Features Paved Drive, Off Street, Paved
Total Spaces 6

Utilities

Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, Varies Per Unit

Financial

Annual Tax $8,396
Assessed Value $810,407

Interior Features

Flooring: Wood, Tile, Carpet
Appliances:
Interior Features: Lead Certification Available, Ceiling Fan(s), Pantry, Living Room, Dining Room, Kitchen, Sunroom
Windows:
Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Concrete
Laundry:
Security:

Construction & Materials

Year Built: 1927
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Natural Gas
Heating Zones: 2
Cooling: Central Air
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 6
Parking Features: Paved Drive, Off Street, Paved

Location

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Neighborhood

48 Saratoga St, Lynn MA 01902

Lynn, MA 01902

Walkability

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Nearby Schools

School District
Lynn School District local
D
⚠ School Safety 2024-25
3.5% Above Average
3.0% Suspensions 0.3% In-School 0.1% Expulsions 0.4% Emergency
↓ 2.0% below state avg
E

Elementary Schools

10 schools
St. Pius V Elementary School
0.4 mi
Grades PK-08
North Shore Christian School
0.7 mi
Grades PK-08
The Hathaway School
0.9 mi
Grades PK-08
B-
KIPP Academy Lynn Charter School
1.0 mi | #197 of 346 | Score: 51.6
Improved 64 spots from last year
-6.6 below state avg
1,637 students Moderate
High Graduation Rate Rising School College Ready Curriculum
Grades K-12
TEAMS Academy at Virginia Barton Center
1.6 mi
Grades PK-12
C-
Lynn Vocational Technical Institute
1.7 mi | #284 of 346 | Score: 42.8
Improved 50 spots from last year
-15.5 below state avg
1,584 students Moderate
Early College Program Rising School Career Tech Programs
Grades PK-12
Sacred Heart Elementary School
2.0 mi
Grades PK-08
C
Hood School
0.3 mi | #617 of 824 | Score: 39.9
Improved 28 spots from last year
-18.3 below state avg
541 students Moderate
Rising School
Grades PK-05
A-
Aborn School
0.5 mi | #226 of 824 | Score: 53.5
Improved 252 spots from last year
-4.7 below state avg
224 students Diverse
Rising School Diverse Student Body
Grades K-05
C-
Ingalls School
0.8 mi | #673 of 824 | Score: 37.3
Improved 125 spots from last year
-20.9 below state avg
719 students Moderate
Rising School
Grades K-05
M

Middle Schools

2 schools
C+
Pickering Middle School
0.9 mi | #226 of 352 | Score: 38.6
Improved 81 spots from last year
-19.6 below state avg
583 students Diverse
Rising School
Grades 06-08
C-
Thurgood Marshall Middle School
1.0 mi | #311 of 352 | Score: 30.5
Improved 40 spots from last year
-27.7 below state avg
1,310 students Moderate
Rising School
Grades 06-08
H

High Schools

6 schools
St. Mary's High School
1.4 mi
Grades 07-12
City Arts & Sciences Academy at Fecteau-Leary
1.4 mi
Grades 06-12
B
Fredrick Douglass Collegiate Academy
1.5 mi | #12 of 25 | Score: 33.4
Improved 330 spots from last year
-24.8 below state avg
235 students Moderate
Early College Program Rising School
Grades 06-12
D
Lynn English High School
0.4 mi | #318 of 346 | Score: 33.5
Improved 37 spots from last year
-24.8 below state avg
2,062 students Moderate
18 sports • 1,425 athletes
Early College Program Rising School Career Tech Programs Strong Athletics
Grades 09-12
B-
Harold Durgin Success Academy
1.4 mi | #16 of 25 | Score: 30.4
Improved 329 spots from last year
-27.8 below state avg
94 students Diverse
Rising School Career Tech Programs
Grades 09-12
C-
Classical High School
2.5 mi | #302 of 346 | Score: 37.9
Improved 51 spots from last year
-20.3 below state avg
1,795 students Moderate
Early College Program Rising School Career Tech Programs
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $700
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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$0/mo
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Current Rate
$0/mo
+0.5% Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

Property Timeline

👁️
Showing Instructions Updated
Apr 2, 2026
New showing requirements
👁️
Showing Instructions Updated
Mar 31, 2026
New showing requirements
🏠
Listed for Sale
Mar 31, 2026
$850,000
Original listing
Agent: The Bill Butler Group Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Mar 31, 2026 New Listing Added $850,000 —

Market Statistics

Days on Market
4 days
Price per Sq Ft
$299

Tax History

Year Taxes Assessment
2025 $8,396 $810,407

Financial Details

Annual Property Tax
$8,396
Tax Year 2025
Assessed Value
$810,407

Listing Information

Listing Agent The Bill Butler Group
Listing Office Leading Edge Real Estate
Agent MLS ID TM327053
Office MLS ID AN4646
Listing Data Updated Apr 4, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steven Novak

Steven Novak

BMN Boston Real Estate

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