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359 Princeton St

  • Boston, MA
  • $549,000

Property Description

Attention all developers with vision! Unlock the potential of 359 Princeton Street, ideally located in East Boston’s sought-after Eagle Hill neighborhood. This property sits within the flexible MU-5 zoning district. Surrounded by ongoing investment and new construction, the site is well-positioned for value creation. Just minutes from Logan Airport, the Blue Line, and downtown Boston, this location appeals to today’s urban lifestyle. Whether you’re a seasoned builder or a forward-thinking developer, this site offers a strategic footprint to deliver your next project in one of the city’s most dynamic and supply-constrained neighborhoods. All Buyers must do their own due diligence with respect to the number of potential units that might be allowed. Seller makes no representations with respect to the number of units possible on the lot. The existing house needs TLC but has endless possibilities!

1925

1925

Year Built

2

2

Total Bedrooms

1

1

Total Bathroom

924

924

Sq.Ft.

Living Space

1,819

1,819

Sq.Ft.

Lot Size

01

Interior

Total Bedrooms

2

Total Bathroom

1

Full Bathroom

1

Flooring

Wood
01

Exterior & Building

Water Source

Public

Roof

Shingle

Parking

Paved Drive

Heat Type

Oil

Air Conditioning

None

Sewer

Public Sewer

Substructure

Concrete Perimeter, Stone

Other Exterior Features

Deck - Wood
01

Lot & Area

Status

For Sale

Living Area

924 Sq.Ft.

Lot Size

1,819 Sq.Ft.

MLS® ID

73393185

Type

Residential

Year Built

1925

Neighborhood

East Boston

Architecture Styles

Colonial

Water Frontage

Harbor, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
01

Finance

Sales Price

$549,000

Real Estate Taxes

$5,451/yr

Zoning

MU-5
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Schedule a Tour

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 359 Princeton St, Boston, MA 02128. We are reviewing your request and will be in touch shortly!

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Mike Preston

Mike Preston

Managing Partner

Mike Preston grew up in his family’s triple-decker home in East Boston, where his passion for real estate was sparked at an early age. While other kids were playing with Tonka trucks, Mike was learning the ropes of property management—helping his father fix leaking pipes and painting rentals between tenants. These formative experiences laid the foundation for a career dedicated to real estate.

With over 14 years of experience, Mike is a seasoned real estate professional who owns and operates two companies: Aura Realty Advisors and Beacon Montclair Development. Licensed in 2010, during the recovery from an $8 trillion housing market crash, Mike entered the industry when most were steering clear. Since then, he has built a thriving career, cultivating strong relationships and earning recognition as a top producer in the competitive Boston market. His clients include first-time homebuyers, experienced investors, and families looking to upsize or downsize.

As an expert broker, Mike has a sharp eye for undervalued properties and deep knowledge of residential development. His hands-on experience includes participating in development projects, giving him an insider's perspective on homeownership. When you work with Mike, you gain not just a broker, but a trusted advisor who understands the intricacies of the market and the challenges of owning a home.

At Beacon Montclair Development, Mike focuses on property development in the Newton submarket. Leveraging his brokerage expertise, he identifies acquisition opportunities, leads zoning and best-use analyses, manages the entitlements process, and oversees investor communication. 

Mike’s guiding philosophy is captured in his favorite quote: “Success is a journey, not a destination.”

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