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!
Exclusions: Washer And Dryers And Personal Property. Open To Negotiate Items
Disclosures: The monthly rent figures in MLS reflect approx. annualized gross short-term rental revenue based on the property’s 7-month peak season performance & not long-term lease rents. The property is currently operated as a short-term rental. Buyers do your due diligence. 3rd BR in unit 2 has no closet.
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