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Exceptional investment opportunity 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!

More Info

Basic Information

  • Gross Income $97,992
  • Lot Features Level
  • Mls StatusActive
  • Parcel Number W:01 P:00512 S:000,1330781
  • Rent Includes Unit 1(Heat, Electric, Water, Other (See Remarks)), Unit 2(Heat, Electric, Water, Other (See Remarks))
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $679,300
  • Tax Year 2025
  • Taxes$7,866

Parking

  • Parking Spaces

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms5
  • Full Bath3

Basic Information

  • List Price$949,900
  • MLS Number73545445
  • Modification Date07/23/2026
  • Property SubType2 Family - 2 Units Up/Down
  • Virtual TourView Tour

Location

  • Address589 Saratoga Street
  • Building Number589
  • CountySuffolk
  • NeighborhoodEast Boston
  • StateMA
  • StreetSaratoga Street
  • SubdivisionEast Boston
  • TownBoston
  • Zip02128

Building

  • BasementFull, Partially Finished
  • Building Area Units Square Feet
  • FireplaceYes
  • Fireplaces Total 1
  • FoundationOther
  • Levels 2
  • Rooms9
  • Stories2
  • Units2
  • Utilities For Gas Range
  • Year Built1910
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.06

Interior

  • Flooring Wood, Tile, Hardwood
  • Interior Features
    • Bathroom With Tub
    • Ceiling Fan(s)
    • Kitchen
    • Living Room
    • Remodeled
    • Upgraded Cabinets
    • Upgraded Countertops

Exterior

  • Exterior Features Rain Gutters
  • RoofShingle

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Other
  • Living Area 2,025
  • Lot Size Square Feet 2,494
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet2,025

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Laundromat
    • Other
    • Park
    • Public Transportation
    • Shopping
    • Sidewalks
    • T-Station
    • Walk/Jog Trails
  • Appliances IncludedRange, Microwave, Refrigerator, Dishwasher
  • Other AmenitiesBasement, Fireplace

Water Body

  • Miles to Beach2
  • Waterfront Features Ocean,1 to 2 Mile To Beach

Legal

  • ZoningR2

Other

  • Date Listed07/07/2026
  • Farm Land Area Units Square Feet
  • View Count6

Map Location

Driving Directions

Listed by Zambrano Properties & Associates of RE/MAX 360

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