589 Saratoga St
$859,900
5
Beds
3
Baths
2,025
Sqft
- Request Info
- Call
- Save
-
More
- Mortgage Calculator
Property Tools
$859,900
5
Beds
3
Baths
2,025
Living Area
-
Property Description
REMARKABLE VALUE OPPORTUNITY in East Boston! Recently professionally appraised at $937,000, this well-kept two-family property offers an exceptional opportunity to purchase below its recent appraised value! This exceptional investment opportunity is 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!
-
Highlights
- Area: East Boston
- Property Class: Residential Income
- Stories: 2
- Year Built: 1910
- Levels: 2
- Property Type: 2 Family - 2 Units Up/Down
- Total Rooms: 9
- Status: Active
-
Additional Details
- Appliances: Range, Microwave, Refrigerator, Dishwasher
- Exclusions: Washer And Dryers And Personal Property. Open To Negotiate Items
- Fireplaces: 1
- Foundation: Other
- Lot Features: Level
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
- Basement: Full, Partially Finished
- Exterior Features: Rain Gutters
- Flooring: Wood, Tile, Hardwood
- Interior Features: Ceiling Fan(s), Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Remodeled, Living Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Other
- Year Built Details: Approximate
- Zoning: R2
-
Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, House of Worship, T-Station, Other, Sidewalks
- Waterfront Features: Ocean, 1 to 2 Mile To Beach
-
Utilities
- Sewer: Public Sewer
- Water Source: Public
-
Fees / Taxes
- Assessed Value: $679,300
- Tax Year: 2025
- Total Rent: $8,166
- Rental Fee Includes: Unit 1(Heat, Electric, Water, Other (See Remarks)), Unit 2(Heat, Electric, Water, Other (See Remarks))
- Taxes: $7,866
Similar Listings
Sold
46 Photos
Sold
21 Photos
Sold
30 Photos
Sold
16 Photos
Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of RE/MAX 360.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.