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Join us for our Open Houses Sat and Sun 12-2 p.m. An excellent opportunity for investors and owner-occupants in East Boston's desirable Eagle Hill neighborhood, with approximately $65,000 in potential gross annual rental income. The property can be delivered vacant, offering flexibility for immediate occupancy, tenant placement, or repositioning. This bright, updated two-family home features open-concept living areas, tall ceilings, and well-proportioned layouts. Each unit offers two bedrooms and one full bathroom. Additional amenities include a sunroom suitable for a home office or flex space, as well as a generously sized deck overlooking the spacious backyard-an inviting setting for gardening, entertaining, or outdoor relaxation. The partially finished basement provides a full bathroom, dedicated laundry area, and ample storage, along with potential for expanded use, subject to buyer due diligence and all required municipal approvals. Plenty of street parking is available throughout the surrounding area. Ideally situated near neighborhood restaurants, parks, schools, Day Square, Central Square, Liberty Plaza, Shaw's, Market Basket, and additional shopping destinations. Constitution Beach and Revere Beach are also within convenient reach. Commuters will appreciate access to the Airport Blue Line station, Logan International Airport, Route 1A, and I-90, providing convenient connections to Downtown Boston and surrounding communities. Occupy one unit while generating rental income from the other, establish market-rate leases for both units, or add a versatile East Boston multifamily property to your investment portfolio.

More Info

Basic Information

  • Gross Income $62,400
  • Listing Terms Contract
  • Lot Features Level
  • Mls StatusNew
  • Parcel Number W:01 P:00032 S:000,1327071

Tax Information

  • Tax Assessed Value $790,600
  • Tax Year 2025
  • Taxes$9,155

School Information

  • Elementary SchoolSchool Choice
  • High School East Boston High
  • Junior HighSchool Choice

Parking

  • Open Parking YN Yes
  • Parking Features On Street
  • Parking Spaces

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms4
  • Full Bath3

Basic Information

  • List Price$850,000
  • MLS Number73574910
  • Modification Date09/10/2026
  • Property SubType2 Family - 2 Units Up/Down

Location

  • Address248 Princeton Street
  • Building Number248
  • CountySuffolk
  • NeighborhoodEast Boston's Eagle Hill
  • StateMA
  • StreetPrinceton Street
  • SubdivisionEast Boston's Eagle Hill
  • TownBoston
  • Zip02128

Building

  • BasementPartially Finished, Interior Entry, Bulkhead, Concrete, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FireplaceYes
  • Fireplace Features Gas
  • FoundationStone, Brick/Mortar
  • Levels 2
  • Patio And Porch Features Screened, Deck - Wood, Patio
  • Rooms9
  • Stories2
  • Units2
  • Utilities For Gas Range
  • Window Features Insulated Windows
  • Year Built1900
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.06

Interior

  • Flooring Tile, Laminate, Hardwood
  • Interior Features
    • Kitchen
    • Living RM/Dining RM Combo
    • Office/Den
    • Open Floorplan
    • Storage
    • Sunroom

Exterior

  • Exterior Features Rain Gutters
  • Fencing Fenced/Enclosed, Fenced
  • RoofShingle

Utilities

  • Electric 200+ Amp Service
  • Heat SystemYes
  • Heating Baseboard, Natural Gas
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 1,966
  • Lot Size Square Feet 2,500
  • Lot Size Units Acres
  • Square Feet1,966

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • University
    • Walk/Jog Trails
  • Appliances IncludedWasher, Dryer, Range, Dishwasher, Refrigerator
  • Other AmenitiesBasement, Fireplace, Garden

Other

  • Date Listed09/10/2026
  • Farm Land Area Units Square Feet
  • View Count1

Map Location

Driving Directions

Listed by Maria Babakhanova of Redfin Corp.

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