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$1,800,000
Total Beds: 9 Total Baths: 5
Total Units: 4 SQFT: 3848
LOT size: 0.06 Acres
109 Eutaw Street
Boston, MA 02128
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Property Description

Rare investment opportunity to own a high-performing four-family (#1 is ADU) home in the heart of East Boston’s desirable Eagle Hill neighborhood. With a high cap rate and significant upside potential, this property is ideal for investors or owner-occupants looking to maximize value. Mostly updated throughout, the home features central air split systems, hardwood floors, and renovated kitchens, offering modern comfort and efficiency. The first unit (ADU) is a fully modernized space with a sleek kitchen and bath, central air, and contemporary finishes, making it a highly desirable rental. Units two through four are well-maintained and rent-ready, but with thoughtful renovations, they could command even higher market rents. Situated in a prime location close to public transportation, Logan Airport, and East Boston’s vibrant dining and shopping scene, this property offers strong rental demand and long-term value. A rare find with immediate income potential and room for growth.

Property Details

Building Information

  • Total Units: 4
  • Total Floors: 10
  • Total Bedrooms: 9
  • Total Full Baths: 5
  • Total Fireplaces: 2
  • Amenities: Highway Access, Park, Public Transportation, Shopping, T-Station, Walk/Jog Trails

Financial

  • APOD Available: Yes
  • Gross Operating Income: 129000
  • Gross Expenses: 5400
  • Electric Expenses: 400
  • Water/Sewer: 3000
  • Repairs & Maintenance: 1000
  • Miscellaneous Expense: 1000
  • Net Operating Income: 110000

Utilities

  • 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: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Under Lease: Yes
  • Floors: 4
  • Levels: 1

Construction

  • Year Built: 1865
  • Type: 4 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone, Poured Concrete
  • Roof Material: Rubber
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73336019
  • Last Updated: 02/22/25
  • Terms: Assumable, Seller 1st

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Map

Seller's Representative: AJ Arstamyan, Coldwell Banker Realty - Boston
Sub Agent Compensation: 0
Buyer Agent Compensation: 2
Facilitator Compensation: n/a
Compensation Based On: n/a
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 2025-02-22 03:05:00

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