Exceptional and spacious two-family home ideally located in Lynn’s highly desirable Diamond District! Fully vacant! Offering an impressive 14 Rooms /5 Bedrooms/ 3 Full Baths, this property combines generous living space with excellent parking and outdoor amenities. The property features a massive side by side driveway accommodating up to 10 cars, an oversized two-car garage, and an additional shed. The first floor unit offers a private entrance, high ceilings, three generously sized bedrooms, huge living room, a modern kitchen, separate large dining room and a full bath. The second floor unit features two bedrooms, including a spacious primary suite with an en-suite bath featuring an enclosed Jacuzzi/steam shower, huge living room, kitchen and another full bathroom. The walk-up attic provides excellent potential for two additional rooms or flexible living space. Additional highlights include updated roofing, beautifully polished hardwood floors throughout, fresh interior paint, modern kitchens and bathrooms, and a large second-floor deck with some ocean views. The clean, spacious basement provides ample storage while the backyard offers additional outdoor space. Conveniently located near the beach, commuter rail, MBTA bus routes, shopping, dining, and other area amenities. A rare opportunity to own a substantial two-family property with excellent space, parking, updates, and expansion potential in one of Lynn’s sought-after neighborhoods!
| Units | 2 |
| Living area | 2,958 sqft |
| Lot size | 6,625 sqft |
| Year built | 1890 |
| Price / sqft | $260 |
| County | Essex |
| MLS # | 73594010 |
| Days on market | 0 days |
| Listed on | October 22, 2026 |
| Annual property tax | $8,900 |
| Tax year | 2026 |
| Assessed value | $864,090 |
| Zoning | R1 |
| Total actual rent | $0/mo |
| Stories | 3 |
| Total rooms | 14 |
| Lot size | 0.15 acres |
| Garage spaces | 2 |
| Parking spaces | 12 |
| Parking | Paved Drive, Off Street, Driveway, Paved |
| Basement | Full, Interior Entry, Concrete, Unfinished |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Tile, Laminate, Hardwood |
| Heating | Baseboard, Natural Gas |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Electric Oven, for Electric Dryer, Washer Hookup |
| Appliances | Range, Refrigerator |
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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 2-unit multi-family property with 2,958 sqft of living area, built in 1890.
48 Breed St, Lynn MA 01902 has been listed for 0 days (since October 22, 2026).
At a list price of $769,986 across 2 units, that works out to roughly $384,993 per unit.
Annual property taxes are $8,900 (2026), on an assessed value of $864,090.
At $769,986 for 2,958 sqft, that's about $260 per square foot.
2 garage spaces and 12 total parking spaces (paved drive, off street, driveway, paved).
48 Breed St, Lynn MA 01902 is in Lynn, Essex County, MA 01902.

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.