Sold
838-842 Saratoga
Boston MA, 02128
$2,150,000
Sold
6 Baths
Commercial
Built in 1956
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.
73280903
MLSⓇ ID
August 22, 2024
Listed
November 22, 2024
Updated
Map
838-842 Saratoga
Boston MA, 02128
Interior Features
Total Bathrooms
6
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Roof
Rubber
Other Property Details
Area Name
East Boston
Garage
No
Parking Total
7
View
No
County
Suffolk
Pool
No
Zoning
R
Listing History
Date | Event | Price |
|---|---|---|
10/10/2024 | Sold | $2,150,000 |
9/3/2024 | Pending | — |
Courtesy of The Reference Group, Reference Real Estate
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Data last updated 11:21 PM UTC, 11/22/2024
