Active
2 Days on market
248 Princeton St Boston — Photo 1 of 34

248 Princeton St Boston — Photo 1 of 34

$850,000

248 Princeton St, Boston, MA 02128

Boston, MA 02128 — East Boston's Eagle Hill

Beds

4

Baths

3

SqFt

1,966

Style

2 Family - 2 Units Up/Down

Built

1900

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.

Open Houses

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$432/sqft
Local Avg (Boston)$602/sqft
28% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Boston, MA.

Property Details

Financials

Original Price$850,000
Annual Taxes$9,155

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms9
FireplacesNone
FlooringTile, Laminate, Hardwood
BasementPartially Finished, Interior Entry, Bulkhead, Concrete, Unfinished

Climate & Utilities

HeatingBaseboard, Natural Gas
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone, Brick/Mortar
ZoningR2

Property & Lot

Acres0.06
SqFt Lot2,500
Lot FeaturesLevel

Amenities & Appliances

Washer • Dryer • Range • Dishwasher • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Population

43,345

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$90K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

71.0%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Suffolk County

2,527 housing units permitted in the last 12 months (+37% vs the prior 12 months) — 2,269 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Maria Babakhanova

Listing Office: Redfin Corp.

MLS® Number: 73574910

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