Skip main navigation
Sold for $1,075,000 on 10/09/24
  • $1,075,000

    842 Saratoga St, East Boston, MA 02128

    8beds
    2,604sqft
    3 Family
    Built in 1940
    -- sqft lot
    $1,082,900 Zestimate®
    $413/sqft
    $3,444 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: October 10, 2024 at 10:41am

    Listed by:

    The Reference Group,

    Reference Real Estate,

    Seth Williams

    Bought with:

    Kambiz Azami

    Greater Boston Rental & Sales

    Source: MLS PIN,MLS#: 73275317

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    • Full bathrooms: 3
    Cooling
    • Window Unit(s)
    Features
    • Bathroom With Tub, Living Room, Kitchen
    • Flooring: Tile, Laminate, Hardwood
    • Windows: Box/Bay/Bow Window(s), Insulated Windows
    • Basement: Full,Finished,Interior Entry
    • Has fireplace: No
    Interior area
    • Total structure area: 2,604
    • Total interior livable area: 2,604 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Paved Drive, Off Street, Assigned, Driveway
    • Has uncovered spaces: Yes
    Features
    • Has view: Yes
    • View description: City View(s)
    • Waterfront features: Beach Front, Bay, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
    Lot
    • Size: 3,353 sqft
    Details
    • Parcel number: W:01 P:00548 S:001,1331088
    • Zoning: R3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 3 Family
    Materials
    • Stone
    • Foundation: Slab
    • Roof: Rubber
    Condition
    • Year built: 1940

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station
    Location
    • Region: East Boston

    HOA & financial

    Other financial information
    • Total actual rent: 5730
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,082,900

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,082,900