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842 Saratoga St

Boston, MA 02128

8 beds
3 baths
2,604 sqft
3,353 sqft lot
$412 per sqft
1940 build
– on site

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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.

Listing courtesy of MLSPIN / The Reference Group / Reference Real Estate

Last checked: Checking… • Last updated Oct 12, 2024 •

MLS# 73275317 —

The Building

Year Built:

1940
Year Built Details:

Actual
Year Built Source:

Public Records
Construction Materials:

Stone
Roof:

Rubber
Basement:

Full
Foundation Details:

Slab
Window Features:

Box/Bay/Bow Window(s)
Stories Total:

6
# of Units Total:

3
Building Area Total:

2604
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

15
Interior Features:

Bathroom With Tub
Flooring:

Tile
Fireplace:

false

Room Dimensions

Living Area:

2604

Location

Directions:

Please use Google Maps
Latitude:

42.385165
Longitude:

-71.013909

The Property

Parcel Number:

W:01 P:00548 S:001,1331088
Property Type:

Residential Income
Property Subtype:

3 Family
Lot Size Units:

Acres
Lot Size Area:

0.08
Lot Size SqFt:

3353
Lot Size Acres:

0.08
Zoning:

R3
View:

City View(s)
View:

true
Water View:

No
Waterfront:

false
Waterfront Features:

Beach Front
Farm Land Area Units:

Square Feet
Road Frontage Type:

Public

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Book Number:

18806
Tax Annual Amount:

9224
Tax Assessed Value:

846200

Beds

Bedrooms Total:

8

Baths

Total Baths:

3
Total Baths:

3
Full Baths:

3

The Listing

Home Warranty:

false

Heating & Cooling

Cooling:

Window Unit(s)
Cooling:

true

Utilities

Electric:

100 Amp Service
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Range

Schools

Elementary School:

Excel Academy
High School:

East Boston

The Community

Senior Community:

false
Community Features:

Public Transportation
Spa:

false

Parking

Garage:

false
Parking Total:

4
Parking Features:

Paved Drive
Open Parking:

true

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/9/24 Oct 9, 2024	Sold	MLSPIN	$1,075,000	-12.2%
8/26/24 Aug 26, 2024	Pending	MLSPIN	$1,225,000
8/19/24 Aug 19, 2024	Listed / Active	MLSPIN	$1,225,000

Multifamily Sold on 10/9/2024

$1,075,000

Listing provided by broker:

The Reference Group

Reference Real Estate

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Listing Courtesy of: MLSPIN and Reference Real Estate.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.

842 Saratoga St

Boston, MA 02128