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$2,495,000
Total Beds: 11 Total Baths: 8
Total Units: 4 SQFT: 4778
LOT size: 0.06 Acres
464 Sumner Street
Boston, MA 02128
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Property Description

Welcome to 464 Sumner Street, your next lucrative investment opportunity in Jeffries Point, East Boston! This recently gut-renovated4-family has a brand new construction addition and is a gem. A Great opportunity to grow your portfolio and secure your financial future. No expense spared withcondo-quality finishes including European-inspired kitchens, hardwood floors, central heat/AC, and in-unit laundry, open-conceptlayouts designed for modern living. Tremendous opportunity for rent growth with high demand luxury units. Situated near Piers Park, public transit,highways, and the marina, this property offers the perfect blend of convenience and desirability.

Property Details

Building Information

  • Total Units: 4
  • Total Floors: 10
  • Total Bedrooms: 11
  • Total Full Baths: 8
  • Amenities: Bike Path, Conservation Area, Highway Access, Laundromat, Marina, Medical Facility, Park, Public School, Public Transportation, Shopping, Tennis Court, T-Station, University, Walk/Jog Trails
  • Basement Features: Full

Financial

  • APOD Available: No
  • Expenses Source: Owner Provided
  • Gross Operating Income: 151760
  • Gross Expenses: 28539
  • Electric Expenses: 500
  • Water/Sewer: 3100
  • INSC: 4773
  • Repairs & Maintenance: 5400
  • Net Operating Income: 121596

Utilities

  • Electric Info: 110 Volts, On-Site
  • Energy Features: Insulated Doors, Insulated Windows, Other (See Remarks), Varies per Unit
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Floors: 4
  • Levels: 1

Construction

  • Year Built: 1896
  • Type: 4 Family - 4 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Rubber
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73221816
  • Last Updated: 05/01/24
  • Terms: Other (See Remarks), Special

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Map

Seller's Representative: Zachary Conley, NextGen Realty, Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.5
Facilitator Compensation: 2.5
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-05-01 15:32:00

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