Multi-Family for Sale: 838 Saratoga St, Boston, MA 02128 SOLD

6 beds
3 full baths
2,604 sqft
$1,075,000
$1,075,000
838 Saratoga St, Boston, MA 02128 SOLD
6 beds
3 full baths
2,604 sqft
$1,075,000
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Selling Price: $1,075,000
Original List Price: $1,175,000
Sold at 91.5% of list price
Sold Date: 10/09/2024

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Type Multi-Family
Beds 6
Total Baths 3 full baths
Square Feet 2,604 sqft
Lot Size 0.08 acres
Year Built 1940
City Boston
County Suffolk
MLS 73275318
Status Closed
DOM 62 days
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.

Lot & Building Features

Appliances Dryer, Washer, Refrigerator, Range
Construction Stone
Cooling Window Unit(s)
Heating Baseboard
Sewer Public Sewer
Tax Year 2024
Taxes Paid $9,224
Water Public
Foundation Block
Interior Features Bathroom With Tub, Living Room, Kitchen
Roof Rubber
Full Baths 3
Parking Assigned, Paved Drive, Off Street, Driveway
Total Rooms 15
Basement Feature Finished, Interior Entry, Full
Garage Spaces 0
Waterfront 1/2 to 1 Mile To Beach, Ocean, Beach Ownership(Public), Beach Front

Community and Schools

Elementary School Excel Academy
Senior High School East Boston

Price History of 838 Saratoga St, Boston, MA

Date Name Price Difference
08/08/2024 Listing Price $1,075,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Mitchell Zahn
Direct: 603-554-2051
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Reference Real Estate, The Reference Group
Sold by Greater Boston Rental & Sales, Kambiz Azami
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Listing information courtesy of: Reference Real Estate

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