Pending
Under Agreement
838 Saratoga St
Boston MA, 02128
$1,175,000
$451.23 per sqft
Pending
Under Agreement
6 Beds
3 Baths
2,604 sqft
Multi-family
Built in 1940
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.
73275318
MLSⓇ ID
August 8, 2024
Listed
September 16, 2024
Updated
Map
838 Saratoga St
Boston MA, 02128
Interior Features
Total Stories
6
Bedrooms
6
Total Bathrooms
3
Full Bathrooms
3
Interior Features
Bathroom With Tub, Living Room, Kitchen
Appliances
Range, Refrigerator, Washer, Dryer
Floor Description
Tile, Laminate, Hardwood
Fireplace
No
Cooling
Yes
Cooling Description
Window Unit(s)
Heating
Yes
Heating Description
Baseboard
Exterior/Building Features
Lot Size
0.08 Acres
Roof
Rubber
Sewer
Public Sewer
School Information
High School
East Boston
Elementary School
Excel Academy
Other Property Details
Area Name
East Boston
Taxes
$9,224
Tax Frequency
Annually
Days on Market
18
Garage
No
Parking
Paved Drive, Off Street, Assigned, Driveway
Parking Total
3
View
Yes
View Description
City View(s)
County
Suffolk
Water Source
Public
Pool
No
Zoning
R3
Listing History
Date | Event | Price |
|---|---|---|
8/27/2024 | Pending | — |
Courtesy of The Reference Group, Reference Real Estate
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Data last updated 9:21 PM UTC, 9/16/2024
