Description
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!
Details
| MLS # | 73545445 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 82 |
| Listing Provided By | RE/MAX 360 | Zambrano Properties & Associates |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,025 |
| Basement | Y |
| Story(s) | 2 |
| Units | 2 |
| Zoning | R2 |
| Acreage | 0.06 |
| Water Front | Yes |
Interior
| Rooms Total | 9 |
|---|---|
| Interior Features | Ceiling Fan(s), Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Remodeled, Living Room, Kitchen |
| Appliances | Range, Microwave, Refrigerator, Dishwasher |
| Fireplaces Total | 1 |
| Fireplace Yes / No | Yes |
| Flooring | Wood, Tile, Hardwood |
Exterior
| Exterior Features | Rain Gutters |
|---|---|
| Roof | Shingle |
| Foundation Details | Other |
| Lot Features | Level |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Utilities | for Gas Range |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Annual Amount | 7866 |
|---|---|
| Tax Assessed Value | 679300 |
| Tax Year | 2025 |
Location
| Community Features | Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, House of Worship, T-Station, Other, Sidewalks |
|---|---|
| Senior Community Yes / No | No |
Area Information
| State | MA |
|---|---|
| County | Suffolk |
| City | Boston |
| Zip Code | 02128 |
| Area | East Boston |
| Listing VS Median (in 02128) | |
Price: $899,900 low | high Med: $527,450 sqft: 2,025 low | high Med: 876 $ / sqft: $444 low | high Med: $659 On site: 82 low | high Med: 53.5 | |
Market Activity 02128
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Learn More About This Property
| State | MA |
|---|---|
| County | Suffolk |
| City | Boston |
| Zip Code | 02128 |
| Area | East Boston |
| Listing VS Median (in 02128) | |
Price: $899,900 low | high Med: $527,450 sqft: 2,025 low | high Med: 876 $ / sqft: $444 low | high Med: $659 On site: 82 low | high Med: 53.5 | |
