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!
- Basement:
- Full, Partially Finished
- Appliances:
- Range, Dishwasher, Microwave, Refrigerator
- Exterior Unit Features:
- Rain Gutters
- Flooring:
- Tile, Wood, Hardwood
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- Seller has a MA Broker license. Seller has never lived in the property.
- Garage Parking
- Interior Features:
- Kitchen, Upgraded Cabinets, Ceiling Fan(s), Bathroom With Tub, Living Room, Upgraded Countertops, Remodeled
- Lead Paint:
- Unknown
- Road Type:
- Paved
- Rent Fee Includes:
- Water, Electric, Other (See Remarks)), Unit 2(heat, Unit 1(heat
- Area:
- East Boston
- Market Time:
- 17
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $469
- Zoning:
- R2
- No Units:
- 2
- Orig Price:
- $949,900
- Fireplaces:
- 1
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Boston
- State:
- MA
- County:
- Suffolk
- Postal Code:
- 02128
- Longitude:
- W72° 58' 36.8''
- Latitude:
- N42° 22' 53''
Residential Income
589 Saratoga St, Boston, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $949,900
- Bedrooms :
- 5
- Rooms :
- 9
- Total Bathrooms :
- 3
- Full Bathrooms :
- 3
- Square Footage :
- 2,025 Sqft
- Year Built :
- 1910
- Lot Area :
- 0.06 Acre
- Listing ID :
- 73545445
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
