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.
Sold for $1,075,000
$1,075,000
842 Saratoga St, East Boston, MA 02128
8beds
2,604sqft
3 Family
Built in 1940
-- sqft lot
$1,127,200 Zestimate®
$413/sqft
$2,883 Estimated rent
Home value
$1,127,200
$1.03M - $1.24M
$2,883/mo
Zestimate® history
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$2,883/mo
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$2,883/mo
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$6,425/mo
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Zillow last checked:
Listing updated:
Listed by:
The Reference Group 781-342-0052,
Reference Real Estate 781-342-0052,
Seth Williams 617-680-9322
Bought with:
Kambiz Azami
Greater Boston Rental & Sales
Source: MLS PIN,MLS#: 73275317
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Cooling
- Window Unit(s)
Appliances
- Included: Range, Refrigerator, Washer, Dryer
Features
- Bathroom With Tub, Living Room, Kitchen
- Flooring: Tile, Laminate, Hardwood
- Windows: Box/Bay/Bow Window(s), Insulated Windows
- Basement: Full,Finished,Interior Entry
- Has fireplace: No
Interior area
- Total structure area: 2,604
- Total interior livable area: 2,604 sqft
Property
Parking
- Total spaces: 4
- Parking features: Paved Drive, Off Street, Assigned, Driveway
- Uncovered spaces: 4
Features
- Has view: Yes
- View description: City View(s)
- Waterfront features: Bay, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Lot
- Size: 3,353 Square Feet
Details
- Parcel number: W:01 P:00548 S:001,1331088
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Stone
- Foundation: Slab
- Roof: Rubber
Condition
- Year built: 1940
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station
Location
- Region: East Boston
Financial & listing details
- Price per square foot: $413/sqft
- Tax assessed value: $846,200
- Annual tax amount: $9,224
- Date on market: 1/9/2026
- Total actual rent: 5730
Price history
| Date | Event | Price |
|---|---|---|
| 10/9/2024 | Sold | $1,075,000-12.2%$413/sqft |
Source: MLS PIN #73275317 Report a problem | ||
| 8/8/2024 | Listed for sale | $1,225,000$470/sqft |
Source: MLS PIN #73275317 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,603 +16.8% | $1,002,000 +10% |
| 2024 | $9,933 +8.6% | $911,300 +7% |
| 2023 | $9,146 +1.6% | $851,600 +3% |
| 2022 | $8,999 +10.1% | $827,100 +8% |
| 2021 | $8,171 +27.4% | $765,800 +26.1% |
| 2020 | $6,413 +12.2% | $607,300 +12% |
| 2019 | $5,714 +12.6% | $542,100 +12% |
| 2018 | $5,073 +348.2% | $484,100 +12% |
| 2017 | $1,132 -75% | $432,200 +5% |
| 2016 | $4,528 +2.4% | $411,600 +12.7% |
| 2015 | $4,423 +13.6% | $365,200 +23.2% |
| 2013 | $3,895 +13.4% | $296,400 +12.5% |
| 2012 | $3,435 +2% | $263,400 +0% |
| 2011 | $3,368 +1.2% | $263,300 -6% |
| 2010 | $3,328 -3.3% | $280,100 -13.5% |
| 2009 | $3,441 -22.3% | $323,700 -19.9% |
| 2008 | $4,431 -6.7% | $403,900 -6.5% |
| 2007 | $4,749 | $432,100 |
Find assessor info on the county website
Neighborhood: East Boston
Nearby homes
- $--1 bd1 ba684 sqft842 Saratoga St #1A, Boston, MA 02128Off Market
- $--3 bd1 ba900 sqft842 Saratoga St #1, Boston, MA 02128Off Market
- $--3 bd1 ba750 sqft842 Saratoga St #2, Boston, MA 02128Off Market
- $--2 bd1 ba-- sqft842 Saratoga St #B, Boston, MA 02128Off Market
- $1,075,0006 bd3 ba2.6k sqft838 Saratoga St, East Boston, MA 02128Sold
- $818,4004 bd2 ba2.9k sqft850 Saratoga St, East Boston, MA 02128Off Market
- $--2 bd2 ba920 sqft838 Saratoga St #3, Boston, MA 02128Off Market
- $--2 bd1 ba-- sqft838 Saratoga St #B, Boston, MA 02128Off Market
Nearby schools
GreatSchools rating
- 4/10Guild Elementary SchoolGrades: PK-6Distance: 0.5 mi
- 2/10East Boston High SchoolGrades: 7-12Distance: 1.1 mi
- 9/10Bradley Elementary SchoolGrades: PK-6Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Excel Academy
- High: East Boston
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,127,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,127,200
- Massachusetts
- Suffolk County
- Boston
- 02128
- East Boston
- 842 Saratoga St
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