48 Saratoga St, Lynn, MA, 01902
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.
Getting Around
Very Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1927
Materials
- Foundation: Stone
- Roof: Shingle
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Property subType: 2 Family - 2 Units Up/Down
Interior
Basement
- Has basement: Yes
- Basement: Full,Partially Finished,Walk-Out Access,Interior Entry,Concrete
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Features
- Lead Certification Available,Ceiling Fan(s),Pantry,Living Room,Dining Room,Kitchen,Sunroom
- Door features: Insulated Doors
- Flooring: Wood,Tile,Carpet
- Finished area above ground: 2,844
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 2,844
- Total interior livable area: 2,844 sqft
Property
Details
- Parcel number: 1997916
- Zoning: R1
Features
- Pool features: Above Ground
- Patio & porch: Porch,Deck
- Fencing: Fenced
- Waterfront features: Lake/Pond,Ocean,1/2 to 1 Mile To Beach,Beach Ownership(Public)
Lot
- Lot size: 6,360 sqft
Parking
- Total spaces: 6
- Parking features: Paved Drive,Off Street,Paved
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Has uncovered spaces: Yes
- Uncovered spaces: 5
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,298 | $51,576 |
| Home Insurance * | $357 | $4,284 |
| Property Taxes | $722 | $8,664 |
| Electricity | $560 | $6,729 |
| Total | $5,937 | $71,244 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-31 | Listed for sale | $850,000 |
| 2016-09-26 | Sold | $420,000 |
| 2016-06-09 | Pending sale | $449,900 |
| 2016-06-05 | Listed for sale | $449,900 |
| 2016-05-19 | Pending sale | $449,900 |
| 2016-05-11 | Listed for sale | $449,900 |
| 1997-06-09 | Sold | $145,000 |
| 1989-02-13 | Sold | $163,000 |
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