589 Saratoga St, Boston, MA 02128
- $949,900
- 5
- BD
- 3
- BA
- 2,025
- SqFt
Listing Courtesy of : Zambrano Properties & Associates ---- RE/MAX 360
- List Price
- $949,900
- Status
- ACTIVE
- MLS#
- 73545445
- Property Type
- 2 Family - 2 Units Up/Down
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 2,025
- Lot Size
- 2,494
- Acres
- 0.06
- Region
- East Boston
- Year Built
- 1910
Property Description
Exceptional investment opportunity 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!
Additional Information
- Taxes
- $7,866
- Listing Agent
- Zambrano Properties & Associates
- Listing Office
- RE/MAX 360
- Exterior Features
- Rain Gutters
- Interior Features
- Ceiling Fan(s), Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Remodeled, Living Room, Kitchen
- Foundation
- Other
- Sewer
- Public Sewer
- Units
- 2
- Zoning
- R2
- Water
- Public
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