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You are here:
21 Days on Boston Pads
Price Reduced $80,000
32 Photos
$2,495,000
4 Unit
11 Beds
8 Baths
4778 SQFT
0.06 Acre
464 Sumner Street
Boston, MA 02128

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 Overview

Property Details click or tap to expand

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: 04/28/24
  • Terms: Other (See Remarks), Special

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
04/28/2024Active$2,495,000$522MLSPIN
04/24/2024Price Change$2,495,000$522MLSPIN
04/13/2024Active$2,575,000$539MLSPIN
04/09/2024New$2,575,000$539MLSPIN

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View Breakdown

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

© 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 2024-04-28 03:05:00

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