View 589 Saratoga St on Redfin Full photos, price history & neighborhood details

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Brian OKeefe

brian.okeefe@redfin.com +1(781) 591-9611

$ 859,900

Est. payment -/mo

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Price Dropped by $40K

589 Saratoga St Boston, MA 02128

5 Beds

3 Baths

2,025 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 Family - 2 Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 2,025 sqft

Price per Sqft $424

MLS Listing ID 73545445

Bedrooms 5

Full Baths 3

Year Built 1910

Annual Tax Amount $7,866

Tax Year 2025

Lot Size 2,613 Sqft

Acres 0.06

Property Sub-Type 2 Family - 2 Units Up/Down

Property Description

REMARKABLE VALUE OPPORTUNITY in East Boston! Recently professionally appraised at $937,000, this well-kept two-family property offers an exceptional opportunity to purchase below its recent appraised value! This exceptional investment opportunity is in the heart of East Boston, offering an estimated 9.97% cap rate based on actual 2024 Airbnb income and estimated operating expenses! This well-kept property is successfully operating as a licensed SHORT-TERM (AIRBNB) rental, offering outstanding income potential. The seller reports STRONG seasonal revenue during it's peak season & an excellent occupancy rate! Upgrades in both units feature 2025 MINI SPLIT SYSTEM, granite countertops, stainless steel appliances, & modern finishes, while the exterior is finished with durable, low-maintenance HardiePlank siding. AS A BONUS the partially finished basement offers flexible space for a home office, gym, or storage. Located approximately < 2 miles from Logan International Airport with easy access to public transportation (Orient Heights & Suffolk Downs), restaurants, shopping, & major commuter routes, RT 1A, I-93, and more! This is a perfect investment opportunity complete with gas heating and gas hot water, and separate electrical utilities. Don't miss this rare investment opportunity in East Boston!

Location

State MA

County Suffolk

Area East Boston

Zoning R2

Direction Use GPS

Rooms

Basement Full, Partially Finished

Interior

Interior Features Ceiling Fan(s), Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Remodeled, Living Room, Kitchen

Flooring Wood, Tile, Hardwood

Fireplaces Number 1

Appliance Range, Microwave, Refrigerator, Dishwasher

Exterior

Exterior Feature Rain Gutters

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, House of Worship, T-Station, Other, Sidewalks

Utilities Available for Gas Range

Waterfront Description Ocean,1 to 2 Mile To Beach

Roof Type Shingle

Garage No

Building

Lot Description Level

Story 2

Foundation Other

Sewer Public Sewer

Water Public

Others

Senior Community false

Virtual Tour https://my.matterport.com/show/?m=YHKudrx1sQ1

Listed by RE/MAX 360

View 589 Saratoga St on Redfin Full photos, price history & neighborhood details