Off Market

309 R Sumner St, Boston, MA

Boston · MA 02128

$1,999,900
Price
6
Beds
5
Baths
3272
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1899
Units: 5 Units
Lot size: 2,466 Sq.Ft Lot
Price per square foot: $611 / Sq.Ft
Parking: No Parking

About this home

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.

Neighborhood & Transit

East Boston's Jeffries Point

309 R Sumner St, Boston · MA 02128

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Maverick Blue 0.20 mi

Price Insight

Days on Market:
1484 days
Listing Price:
$1,999,900
Price per Sq.Ft:
$611
Tax Assessment:
$1,154,900 in 2023
Taxes:
$1,057 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
5
Half Bathrooms
0
Living Area
3,272 Sq.Ft (Includes Basement)
Broker Disclosure about Living Area
Measured by architect
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
1696
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
100 Amps

Exterior Features

Lot Size
2,466 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Fiber Cement Siding, Composite
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
The Legacy Group
Listing office
EVO Real Estate Group, LLC
MLS PIN #
73047119
Disclosure
Measured by architect