Location filter
  • Any
  • Boston
  • Boston - Allston
  • Boston - Back Bay
  • Boston - Bay Village
  • Boston - Beacon Hill
  • Boston - Brighton
  • Boston - Charlestown
  • Boston - Chinatown
  • Boston - Dorchester
  • Boston - Downtown
  • Boston - East Boston
  • Boston - Fenway
  • Boston - Fort Hill
  • Boston - Hyde Park
  • Boston - Jamaica Plain
  • Boston - Mattapan
  • Boston - Mission Hill
  • Boston - North End
  • Boston - Roslindale
  • Boston - Roxbury
  • Boston - Seaport
  • Boston - South Boston
  • Boston - South End
  • Boston - West End
  • Boston - West Roxbury
  • Abington
  • Andover
  • Arlington
  • Belmont
  • Beverly
  • Billerica
  • Braintree
  • Bridgewater
  • Brookline
  • Burlington
  • Cambridge
  • Canton
  • Chelsea
  • Cohasset
  • Danvers
  • Dedham
  • Everett
  • Framingham
  • Gloucester
  • Hingham
  • Lawrence
  • Lexington
  • Lowell
  • Lynn
  • Lynnfield
  • Malden
  • Marlborough
  • Medford
  • Melrose
  • Methuen
  • Milton
  • Natick
  • Needham
  • Newton
  • North Reading
  • Norwood
  • Peabody
  • Pembroke
  • Plymouth
  • Quincy
  • Randolph
  • Reading
  • Revere
  • Salem
  • Saugus
  • Sharon
  • Somerville
  • Stoneham
  • Stoughton
  • Swampscott
  • Taunton
  • Wakefield
  • Waltham
  • Watertown
  • Wayland
  • Wellesley
  • Westwood
  • Weymouth
  • Wilmington
  • Winthrop
  • Woburn
$2,499,500
Total Beds: 6 Total Baths: 4
Total Units: 3 SQFT: 3031
LOT size: 0.06 Acres
465 East Eighth Street
Boston, MA 02127
View Map

Property Description

Calling all investors and developers. This is your opportunity to own a TURNKEY generational asset just steps from the beach that just underwent a top-to-bottom renovation, the centerpiece of which was a ~700 square foot vertical addition, with the potential to develop the second lot into an additional building. Not only does this three-family with parking command substantial rents, but the opportunity is there to add value with the parking area (with curb cut) to bring in even more revenue. All units feature new stainless-steel appliances, granite countertops, washer/dryers, and more. The beautiful tiled bathrooms will take your breath away. Lots of deck space with ocean views is hard to beat. Great location, directly in front of MBTA 11 bus stop and short walk to the Red Line's Andrew Square or JFK/UMASS for the Commuter Rail, and highway access just down the road mean easy trips to downtown. A quick walk to East Broadway for shopping, food, and fun! Perfect for any 1031's next deal.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 6
  • Total Full Baths: 4
  • Amenities: Bike Path, Conservation Area, Golf Course, Highway Access, House of Worship, Laundromat, Marina, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Tennis Court, T-Station, University, Walk/Jog Trails
  • Basement Features: Interior Access
  • Common Rooms: Kitchen, Living Room, Mudroom, Office/Den, Sunroom
  • Common Interior Features: Bathroom with Shower Stall, Internet Available - Broadband, Internet Available - DSL, Internet Available - Fiber-Optic, Internet Available - Satellite, Stone/Granite/Solid Counters, Storage, Tile Floor, Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Dishwasher, Dishwasher - ENERGY STAR, Dryer, Dryer - ENERGY STAR, Dryer Hookup, Freezer, Microwave, Range, Refrigerator, Refrigerator - ENERGY STAR, Vent Hood, Wall Oven, Washer, Washer / Dryer Combo, Washer & Dryer Hookup, Washer - ENERGY STAR, Washer Hookup, Water Instant Hot
  • Common Heating: Common, Ductless Mini-Split System, Electric, Electric, Forced Air, Geothermal Heat Source, Heat Pump, Hot Water Baseboard, Individual, Oil, Space Heater, Steam, Wall Unit
  • Common Cooling: Heat Pump, Individual, None

Financial

  • APOD Available: No
  • Gross Operating Income: 150000
  • Gross Expenses: 2359
  • INSC: 2359
  • Net Operating Income: 141641

Utilities

  • Utility Connections: for Electric Dryer, for Electric Oven, for Electric Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private
  • Sewer District: BWSC

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 2

Construction

  • Year Built: 1905
  • Type: 3 Family - 3 Units Up/Down
  • Foundation Info: Other (See Remarks)
  • Flooring Type: Tile
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73267070
  • Last Updated: 08/17/24

Mortgage Calculator

Click to see breakdown

Map

Seller's Representative: Joseph Rinaldi, Keller Williams Realty Boston-Metro | Back Bay
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

© 2024 MLS Property Information Network, Inc.. All rights reserved.

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 2024-08-17 21:11:00