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

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