248 Princeton St, Boston, MA 02128
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$850,000
2 Unit
4 Beds
3 Baths
1966 SQFT
0.06 Acre

Property Description

Join us for our Open Houses Sat and Sun 12-2 p.m. An excellent opportunity for investors and owner-occupants in East Boston’s desirable Eagle Hill neighborhood, with approximately $65,000 in potential gross annual rental income. The property can be delivered vacant, offering flexibility for immediate occupancy, tenant placement, or repositioning. This bright, updated two-family home features open-concept living areas, tall ceilings, and well-proportioned layouts. Each unit offers two bedrooms and one full bathroom. Additional amenities include a sunroom suitable for a home office or flex space, as well as a generously sized deck overlooking the spacious backyard—an inviting setting for gardening, entertaining, or outdoor relaxation. The partially finished basement provides a full bathroom, dedicated laundry area, and ample storage, along with potential for expanded use, subject to buyer due diligence and all required municipal approvals. Plenty of street parking is available throughout the surrounding area. Ideally situated near neighborhood restaurants, parks, schools, Day Square, Central Square, Liberty Plaza, Shaw’s, Market Basket, and additional shopping destinations. Constitution Beach and Revere Beach are also within convenient reach. Commuters will appreciate access to the Airport Blue Line station, Logan International Airport, Route 1A, and I-90, providing convenient connections to Downtown Boston and surrounding communities. Occupy one unit while generating rental income from the other, establish market-rate leases for both units, or add a versatile East Boston multifamily property to your investment portfolio.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 2
  • Total Bedrooms: 4
  • Total Full Baths: 3
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Bulkhead, Concrete Floor, Interior Access, Partially Finished, Unfinished Basement
  • Common Rooms: Kitchen, Living RM/Dining RM Combo, Office/Den, Sunroom
  • Common Interior Features: Storage, Tile Floor
  • Common Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Common Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: No
  • Gross Operating Income: 62400
  • Net Operating Income: 62400

Utilities

  • Heat Zones: 2
  • Electric Info: 200 Amps
  • Energy Features: Insulated Windows
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick, Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Laminate, Tile
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73574910
  • Last Updated: 09/14/26
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
09/10/2026New$850,000$432MLSPIN

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Seller's Representative: Maria Babakhanova, Redfin Corp.
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein.

MLS PIN data last updated at 2026-09-14 03:05:00

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