Active
165 Days on market
48 Saratoga St Lynn — Photo 1 of 41

48 Saratoga St Lynn — Photo 1 of 41

Recent Drop: $51,000

$850,000
$799,000

$799,000

48 Saratoga St, Lynn, MA 01902

Lynn, MA 01902

Beds

6

Baths

3

SqFt

2,844

Style

2 Family - 2 Units Up/Down

Built

1927

SHOWING ONLY AT OPEN HOUSE SAT 9/12 12p-1:30p. 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.

Open Houses

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$281/sqft
Local Avg (Lynn)$314/sqft
11% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Lynn, MA.

Property Details

Financials

Original Price$850,000
Annual Taxes$8,396

Parking

Garage1
Off-Street6

Interior Specifications

Total Rooms13
FireplacesNone
FlooringWood, Tile, Carpet
BasementFull, Partially Finished, Walk-Out Access, Interior Entry, Concrete

Climate & Utilities

HeatingNatural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningR1

Property & Lot

Acres0.15
SqFt Lot6,360
Lot Features--

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Golf

Geography

Property History

Price Drop
$799,000

Was $899,412

Sep 11, 2026

MLS® 73494075

Price Increase
$899,412

Was $850,000

Aug 7, 2026

MLS® 73494075

Listed
$850,000

Mar 31, 2026

MLS® 73494075

Population

50,066

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$67K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

63.1%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: The Bill Butler Group

Listing Office: Leading Edge Real Estate

MLS® Number: 73494075

Browse More Homes in Lynn

Explore other active listings in the area.