About 589 Saratoga St
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!
Features of 589 Saratoga St
| MLS® # | 73545445 |
|---|---|
| Price | $899,900 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 2,025 |
| Acres | 0.06 |
| Year Built | 1910 |
| Type | Residential Income |
| Sub-Type | 2 Family - 2 Units Up/Down |
| Status | Active |
Community Information
| Address | 589 Saratoga St |
|---|---|
| Area | East Boston |
| City | Boston |
| County | Suffolk |
| State | MA |
| Zip Code | 02128 |
Amenities
| Utilities | for Gas Range |
|---|---|
| Is Waterfront | No |
| Waterfront | Ocean, 1 to 2 Mile To Beach |
| Has Pool | No |
Interior
| Interior Features | Ceiling Fan(s), Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Remodeled, Living Room, Kitchen |
|---|---|
| Appliances | Range, Microwave, Refrigerator, Dishwasher |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| # of Stories | 2 |
| Stories | 2 |
Exterior
| Exterior Features | Rain Gutters |
|---|---|
| Lot Description | Level |
| Roof | Shingle |
| Foundation | Other |
Additional Information
| Zoning | R2 |
|---|
Listing Details
| Agent | Zambrano Properties & Associates |
|---|---|
| Office | RE/MAX 360 |