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.
| Units | 2 |
| Living area | 1,966 sqft |
| Lot size | 2,500 sqft |
| Year built | 1900 |
| Price / sqft | $432 |
| County | Suffolk |
| MLS # | 73574910 |
| Days on market | 1 days |
| Listed on | September 9, 2026 |
| Annual property tax | $9,155 |
| Tax year | 2025 |
| Assessed value | $790,600 |
| Zoning | R2 |
| Gross income (actual) | $62,400/yr |
| Net operating income (actual) | $62,400/yr |
| Total actual rent | $5,200/mo |
| Stories | 2 |
| Total rooms | 9 |
| Lot size | 0.06 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Parking | On Street |
| Basement | Partially Finished, Interior Entry, Bulkhead, Concrete, Unfinished |
| Foundation | Stone, Brick/Mortar |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Tile, Laminate, Hardwood |
| Heating | Baseboard, Natural Gas |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
| Appliances | Washer, Dryer, Range, Dishwasher, Refrigerator |
More about investing in Boston →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 2-unit multi-family property with 1,966 sqft of living area, built in 1900.
248 Princeton St, Boston MA 02128 has been listed for 1 day (since September 9, 2026).
At a list price of $850,000 across 2 units, that works out to roughly $425,000 per unit.
Annual property taxes are $9,155 (2025), on an assessed value of $790,600.
At $850,000 for 1,966 sqft, that's about $432 per square foot.
248 Princeton St, Boston MA 02128 is in Boston, Suffolk County, MA 02128.

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.