For Sale

589 Saratoga St, Boston, MA

Boston · MA 02128

$859,900
Price
5
Beds
3
Baths
2025
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1910
Units: 2 Units
Lot size: 2,494 Sq.Ft Lot
Price per square foot: $425 / Sq.Ft
Parking: No Parking

About this home

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!

Neighborhood & Transit

East Boston

589 Saratoga St, Boston · MA 02128

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Wood Island Blue 0.11 mi

Price Insight

Days on Market:
120 days
Listing Price:
$859,900
Price per Sq.Ft:
$425
Tax Assessment:
$679,300 in 2025
Taxes:
$656 / Monthly

Home Facts

Interior Features

Bedrooms
5
Full Bathrooms
3
Half Bathrooms
0
Living Area
2,025 Sq.Ft (Includes Basement)
Broker Disclosure about Living Area
Buyer to confirm living area. Please do your due diligence. Living area is an ESTIMATE based.
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
1575
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
2,494 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Fiber Cement Siding
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Zambrano Properties & Associat
Listing office
RE/MAX 360
MLS PIN #
73545445
Disclosure
The monthly rent figures in MLS reflect approx. annualized gross short-term rental revenue based on the property’s 7-month peak season performance & not long-term lease rents. The property is currently operated as a short-term rental. Buyers do your due diligence. 3rd BR in unit 2 has no closet.
Disclosure
Buyer to confirm living area. Please do your due diligence. Living area is an ESTIMATE based.