309 R Sumner, Boston, Massachusetts 02128
- $1,999,900
- 6
- BD
- 5
- BA
- 3,272
- SqFt
- List Price
- $1,999,900
- Price Change
- ▼ $50,000 1678177028
- Status
- ACTIVE
- MLS#
- 73047119
- Bedrooms
- 6
- Bathrooms
- 5
- Full Baths
- 5
- Living Area
- 3,272
- Lot Size (Acres)
- 0.06
- Year Built
- 1899
Property Description
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 5.3% cap has all utilities separate and generates over $142,200 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.
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Additional Information
- Area
- East Boston's Jeffries Point
- Taxes
- $12,680
- Water
- City/Town Water
- Sewer
- City/Town Sewer
- Buyer Agency Compensation
- 2%
- Other Agent Compensation
- 1%
- Compensation Based On
- Gross/Full Sale Price
- Sub Agency Offered
- No
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Listing courtesy of EVO Real Estate Group, LLC.