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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.

More Info

Basic Information

  • Gross Income $38,400
  • Mls StatusActive
  • Parcel Number 1997916
  • Rent Includes Unit 1(Water)
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $810,407
  • Tax Year 2025
  • Taxes$8,396

Parking

  • Covered Spaces 1
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Paved
  • Parking Spaces6

Rooms

  • Bathroom4
  • Bathrooms Total Decimal 3
  • Bedrooms6
  • Full Bath2
  • Half Baths2

Basic Information

  • List Price$850,000
  • MLS Number73494075
  • Modification Date04/29/2026
  • Property SubType2 Family - 2 Units Up/Down

Location

  • Address48 Saratoga Street
  • Building Number48
  • CountyEssex
  • StateMA
  • StreetSaratoga Street
  • TownLynn
  • Zip01902

Building

  • BasementFull, Partially Finished, Walk-Out Access, Interior Entry, Concrete
  • Building Area Units Square Feet
  • Construction Materials Frame
  • Door Features Insulated Doors
  • FoundationStone
  • Garage Spaces1
  • Levels 3
  • Patio And Porch Features Porch, Deck
  • Rooms13
  • Stories3
  • Units2
  • Utilities For Electric Range, Varies Per Unit
  • Year Built1927
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.15

Interior

  • Flooring Wood, Tile, Carpet
  • Interior Features
    • Ceiling Fan(s)
    • Dining Room
    • Kitchen
    • Lead Certification Available
    • Living Room
    • Pantry
    • Sunroom

Exterior

  • Fencing Fenced
  • RoofShingle

Utilities

  • Cooling Central Air
  • Cooling YN Yes
  • Electric Circuit Breakers,100 Amp Service
  • Heat SystemYes
  • Heating Natural Gas
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,844
  • Lot Size Square Feet 6,360
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet2,844

Amenities

  • Amenities
    • Conservation Area
    • Golf
    • Park
    • Pool
    • Public Transportation
    • Shopping
    • Tennis Court(s)
  • Other AmenitiesBasement, Golf, Tennis, Lakefront
  • Pool Features Above Ground

Water Body

  • Miles to Beach1
  • Waterfront Features Lake/Pond, Ocean,1/2 to 1 Mile To Beach, Beach Ownership(Public)

Legal

  • ZoningR1

Other

  • Date Listed03/31/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by The Bill Butler Group of Leading Edge Real Estate

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