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!
This home has been viewed 4 times
Last Checked: July 24th, 2026 at 6:23am (Source: MLS PIN #73545445)
Gross Income: $97,992
Gross Expenses: $7,866
Net Income Calc: $90,126
Water Views
Annual Expenses for 589 Saratoga St, Boston MA 02128
Total Gross Expenses (Calculated)$7,866/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7866
Annual Income & Unit Breakdown for 589 Saratoga St, Boston MA 02128
Total Gross Income (Calculated)$97,992
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
General Information for 589 Saratoga St, Boston MA 02128
Listing ID73545445
Property TypeMulti Family / 2 Family
Price949900 ($469.09/SqFt)
Style2 Family - 2 Units Up/down
CityBoston
CountySuffolk
MLS AreaEast Boston
Neighborhood(s)
Approximate Living Area Total2025
Approximate Lot Size (Acres)0.06
Total Parking0
Garage Parking0
Year Built1910
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningR2
Water ViewsNo
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 589 Saratoga St, Boston MA 02128
Lead PaintNone
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourceOther
ExclusionsInflatable Hot Tub.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 589 Saratoga St, Boston MA 02128
Real Estate Taxes7866
Tax Year2025
Assessed Value$679,300
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 589 Saratoga St, Boston MA 02128
Neighborhood(s)
MLS AreaEast Boston
Area AmenitiesWalk/jog Trails
Contact Information for 589 Saratoga St, Boston MA 02128