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48 Saratoga St, Lynn MA 01902

$850,000

Estimated $2,078/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $425,000

Total Rent: 38400/year

Estimated CAP Rate:

6 Bedrooms

Baths

2844

Total Parking: 7 (1 Garage)

6,360 (0.15)

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.

This home has been viewed 5 times

Last Checked: April 30th, 2026 at 7:53am (Source: MLS PIN #73494075)

Gross Income: $38,400

Gross Expenses: $8,396

Net Income Calc: $30,004

Water Views

Annual Expenses for 48 Saratoga St, Lynn MA 01902

Total Gross Expenses (Calculated)$8,396/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8396

Annual Income & Unit Breakdown for 48 Saratoga St, Lynn MA 01902

Total Gross Income (Calculated)$38,400

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms4 Full

Floor2

Levels in Unit2

Rent IncludesHeat

General Information for 48 Saratoga St, Lynn MA 01902

Listing ID73494075

Property TypeMulti Family / 2 Family

Price850000 ($298.87/SqFt)

Style2 Family - 2 Units Up/down

CityLynn

CountyEssex

Neighborhood(s)

Approximate Living Area Total2844

Approximate Lot Size (Acres)0.15

Total Parking7 (1 Garage)

Garage Parking1

Year Built1927

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR1

Water ViewsNo

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 48 Saratoga St, Lynn MA 01902

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Property

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 48 Saratoga St, Lynn MA 01902

Real Estate Taxes8396

Tax Year2025

Assessed Value$810,407

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 48 Saratoga St, Lynn MA 01902

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 48 Saratoga St, Lynn MA 01902

Agent

Name: The Bill Butler Group

Office

Name: Leading Edge Real Estate

Phone: 781-979-0100

Payment Calculator

, Interest

Property Taxes 699.67

Principal & Interest 5237.43

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Leading Edge Real Estate

The Bill Butler Group

Agent Phone

Office Phone

(781) 979-0100

Text Agent Call Agent Call Office

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    [description] => 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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    [unparsed] => 48 Saratoga St, Lynn MA 01902
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EXIT

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