Sold

838 Saratoga St, Boston, MA

Boston · MA 02128

$1,075,000
Price
6
Beds
3
Baths
2604
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1940
Units: 3 Units
Lot size: 3,353 Sq.Ft Lot
Price per square foot: $451 / Sq.Ft
Parking: 3 Off Street Spaces

About this home

Prime investment opportunity in East Boston! This portfolio includes two three-unit buildings, sold together or separate, each with separate utilities, ensuring ease of management. The property features ample parking with space for 8 cars, a rare find in the area, and is not located in a flood zone, providing peace of mind. All tenants are tenants at will, offering unparalleled flexibility for rent adjustments and renovations. Significant upside potential exists by aligning current below-market rents with fair market rates. Located in a rezoned area under Plan East Boston, the properties allow for increased density and future construction projects, presenting a valuable opportunity for future development. These buildings are conveniently situated just a short walk from both the Wood Island and Orient Heights Blue Line stations, offering quick access to downtown Boston. With strategic improvements, investors can force equity and significantly enhance property value.

Neighborhood & Transit

East Boston

838 Saratoga St, Boston · MA 02128

Nearby transit

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

  • Orient Heights Blue 0.50 mi

Price Insight

Days on Market:
818 days
Listing Price:
$1,175,000
Price per Sq.Ft:
$451
Tax Assessment:
$846,200 in 2024
Taxes:
$769 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
3
Half Bathrooms
0
Living Area
2,604 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2604
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Fuses, 100 Amps

Exterior Features

Lot Size
3,353 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
3 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Stucco
Roof
Unknown

Green Features

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

Listing information

Listing agent
The Reference Group
Listing office
Reference Real Estate
MLS PIN #
73275318
Disclosure
Also offered 842 Saratoga, the abutting parcel, listed under MLS 73275317 Seller prefers to sell the 6 units together. Property to be sold as is, seller and agent make no representations.