Incredible investment opportunity in the heart of East Boston! This well-maintained 2-family home at 538 Saratoga Street offers over 2,200 square feet of living space and is fully occupied with stable, long-term tenants generating $4,300/month in below-market rent. Each unit features separate utilities and a newer heating system, offering convenience and efficiency for owners and tenants alike. The property’s layout and size may also qualify for an Accessory Dwelling Unit (ADU) conversion (buyer to verify with city), presenting a rare opportunity to expand value and income in one of Boston’s most desirable neighborhoods. Located just steps from local restaurants, shops, parks, and public transportation, this home is perfectly positioned for strong tenant demand and long-term appreciation. Whether you’re a seasoned investor or looking to start building your real estate portfolio, 538 Saratoga St is a solid asset with room to grow. Don't miss your chance to own in vibrant East Boston!
— MLSPIN #: 73393431Map of 538 Saratoga St, Boston, MA 02128
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| List Price: | $829,721 |
|---|---|
| Status: | Contingent |
| MLS ID: | 73393431 |
| Town: | Boston |
| Neighborhood: | East Boston |
| County: | Suffolk |
| Zip: | 02128 |
| Property Type: | Residential Income |
| Property Sub Type: | Multi Family |
| Bedrooms: | 6 |
| Full Baths: | 3 |
| Living Area: | 2,208 sqft |
| Acres: | 0.04 |
| Taxes: | 8,333 |
| Appliances: | Disposal, Refrigerator |
| Cooling: | Window Unit(s) |
| Flooring: | Wood, Tile, Hardwood |
| Heating: | Natural Gas |
| Lot Features: | Wooded |
| Parking Features: | On Street |
| Status: | Active Under Contract |
| Water Source: | Public |
| Year Built: | 1900 |
| Roof: | Wood |
| Directions: | CHELSEA STREET TO SARATOGA STREET |
| Foundation Details: | Block |
| Electric: | 110 Volts |
| Construction Materials: | Frame |
| Listing Contract Date: | 2025-06-18 |
| Cooling?: | Yes |
| Heating?: | Yes |
| Lot Size Area: | 0.04 |
| Lot Size Square Feet: | 1,597 |
| Rooms Total: | 12 |
| Bathrooms Total Integer: | 3 |
| Basement: | true |
| Basement: | Full |
| Building Area Source: | Public Records |
| Building Area Total: | 2,208 |
| Community Features: | Public Transportation, Park, Medical Facility, Laundromat, Highway Access, Public School, T-Station |
| Interior Features: | Floored Attic, Living Room, Kitchen, Laundry Room, Living RM/Dining RM Combo, Office/Den |
| Levels: | 3 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 2 |
| Open Parking?: | Yes |
| Parcel Number: | W:01 P:00446 S:000, 1330750 |
| Patio And Porch Features: | Deck - Wood |
| Rent Includes: | Unit 1(Hot Water), Unit 2(Hot Water) |
| Road Frontage Type: | Public |
| Sewer: | Public Sewer |
| Waterfront Features: | Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public) |
| Zoning: | R3 |
| Stories Total: | 3 |
| Year Built Source: | Public Records |
| Farm Land Area Units: | Square Feet |
| Gross Income: | $70,800 |
| Listing Agreement: | Exclusive Right To Sell |
| Anticipated Sold Date: | 2025-08-08T04:00:00.000Z |
| Apod Available: | No |
| Certificate Number: | 000000072036 |
| Comp Based On: | Compensation Offered but Not in MLS |
| Disclosure: | No |
| Dpr Flag: | No |
| Flrs 1: | 1 |
| Flrs 2: | 2 |
| Lead Paint: | Unknown |
| Lease 1: | No |
| Lease 2: | No |
| Levels 1: | 1 |
| Levels 2: | 2 |
| Listing Alert: | No |
| List Price Per Sqft: | $375.78 |
| Page: | 86 |
| Price Per Sqft: | $375.78 |
| Square Feet Incl Base: | No |
| Net Operating Income: | $70,800 |
| Original List Price: | $829,721 |
| Tax Assessed Value: | $719,600 |
| Tax Year: | 2025 |
| Total Actual Rent: | $6,400 |
| Year Built Details: | Actual |
| Waterview Flag: | No |
| Bedrms 1: | 2 |
| Bedrms 2: | 3 |
| F Bths 1: | 1 |
| F Bths 2: | 2 |
| Hot Water: | Natural Gas |
| Rent1: | 3,000 |
| Rent2: | 3,400 |
Disclaimer:
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
MLS Property Information Network, Inc. data last updated on June 25, 2025 10:16 PM
Property Last Updated: June 24, 2025 09:00 AM
Listing Courtesy of: United Brokers
Listing Agent: Albeiro Lopera
617-791-5583
