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| Price | Down Payment | Interest Rate | Years |
|---|---|---|---|
| % |
Est. Mortgage: $/month
Federal 30-year interest rate: 6.13% last updated on 2023-01-26
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Active
- 6Bedrooms
- 5Bathrooms
- 3,272Square Feet
- 0.06Acreage
An outstanding stabilized opportunity in the heart of Jeffries Point. Completely renovated with condo grade finishes this five family consists of two bi-level 1-bedroom units, two functional studios, and one spacious 2-bedroom. These designer pads feature upgraded kitchens with quartz countertops and stainless steel appliances, bright baths with marble tiling, generous rear decks, central heating/cooling, in-unit washer/dryers, recessed lighting and hardwood floors throughout. This turnkey 4.5% cap has all utilities separate and generates over $133,000 in rental income with room to grow. Located moments from Maverick MBTA stop, downtown Boston and the airport, this property gives an intelligent investor the option to either keep long term tenants or massively increase cashflow by renting short/mid term, as well as the choice to sell out as condos. A rare chance to capitalize on a profitable asset in one of Boston's highest appreciating neighborhoods.
Listed by Karina Mejia and Michela Ritson of EVO Real Estate Group,LLC
More Info
Basic Information
- Gross Income $133,200
- Lot Features Level
- Mls StatusActive
- Parcel Number 0104877000,1329815
Location
- Address309 R Sumner
- Building Number309 R
- CountySuffolk
- NeighborhoodEast Boston's Jeffries Point
- StateMA
- StreetSumner
- SubdivisionEast Boston's Jeffries Point
- TownBoston
- Zip02128
Utilities
- Electric 100 Amp Service
- Sewer Public Sewer
- Water Source Public
Amenities
- Amenities
- Bike Path
- Conservation Area
- Highway Access
- House of Worship
- Laundromat
- Marina
- Park
- Public School
- Public Transportation
- Shopping
- T-Station
- Tennis Court(s)
- Walk/Jog Trails
- Appliances IncludedElectric Water Heater, Utility Connections for Gas Range
- Other AmenitiesBasement, Tennis
Tax Information
- Tax Assessed Value $1,154,900
- Tax Year 2023
- Taxes$12,680
Basic Information
- List Price$2,049,900
- MLS Number73047119
- Modification Date01/22/2023
- Property SubType5+ Family - 5+ Units Up/Down
Property
- Acreage0.06
Interior
- Flooring Wood
Exterior
- Exterior Features Rain Gutters
- RoofRubber
Property Information
- Building Area Source Measured
- Living Area 3,272
- Lot Size Square Feet 2,466
- Lot Size Units Acres
- Square Feet3,272
Other
- Buyer Agency Compensation2%
- Date Listed10/12/2022
- Farm Land Area Units Square Feet
- Transaction Broker Compensation1%
- View Count2
Parking
- Parking Spaces
Rooms
- Bathroom5
- Bathrooms Total Decimal 5
- Bedrooms6
- Full Bath5
Building
- BasementFull, Finished
- Building Area Units Square Feet
- Construction Materials Frame, Stone
- FoundationOther
- Garage Spaces
- Patio And Porch Features Deck
- Rooms14
- Stories9
- Utilities For Gas Range, Washer Hookup
- Window Features Insulated Windows
- Year Built1899
- Year Built Details Renovated Since
- Year Built Source Public Records
Legal
- Zoning3F-2000
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Call: 617-375-7900
