HomeBoston2 Family - 2 Units Up/Down248 Princeton St, Boston MA 02128
248 Princeton St, Boston MA 02128 — photo 1 of 341 / 34
$850,000
248 Princeton St, Boston MA 02128
2 units · 4 bd · 3 ba · 1,966 sqft · $425,000/unit
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Signal Score pending — we haven't seeded market rents for this ZIP (02128) yet.

About this property

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

Units2
Living area1,966 sqft
Lot size2,500 sqft
Year built1900
Price / sqft$432
CountySuffolk
MLS #73574910

Listing status

Days on market1 days
Listed onSeptember 9, 2026

Taxes & financials

Annual property tax$9,155
Tax year2025
Assessed value$790,600
ZoningR2
Gross income (actual)$62,400/yr
Net operating income (actual)$62,400/yr
Total actual rent$5,200/mo

Building & lot

Stories2
Total rooms9
Lot size0.06 acres
Garage spaces0
Parking spaces0
ParkingOn Street
BasementPartially Finished, Interior Entry, Bulkhead, Concrete, Unfinished
FoundationStone, Brick/Mortar
RoofShingle
ConstructionFrame
FlooringTile, Laminate, Hardwood

Utilities & systems

HeatingBaseboard, Natural Gas
SewerPublic Sewer
WaterPublic
Utilitiesfor Gas Range
AppliancesWasher, Dryer, Range, Dishwasher, Refrigerator

Location

More about investing in Boston

Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.

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Questions & answers

Auto-generated from the listing data — richer AI answers coming with the live site.

How many units does 248 Princeton St, Boston MA 02128 have?

It is a 2-unit multi-family property with 1,966 sqft of living area, built in 1900.

How long has 248 Princeton St, Boston MA 02128 been on the market?

248 Princeton St, Boston MA 02128 has been listed for 1 day (since September 9, 2026).

What is the price per unit?

At a list price of $850,000 across 2 units, that works out to roughly $425,000 per unit.

What are the property taxes on 248 Princeton St, Boston MA 02128?

Annual property taxes are $9,155 (2025), on an assessed value of $790,600.

What is the price per square foot?

At $850,000 for 1,966 sqft, that's about $432 per square foot.

Where is this property located?

248 Princeton St, Boston MA 02128 is in Boston, Suffolk County, MA 02128.

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Justin Rollo, Broker Associate at Signal Real Estate
Justin RolloBroker Associate, Signal Real Estate · MA Lic. #9534264

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.

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