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You are here:
26 Days on Boston Pads
Price Reduced $100,000
12 Photos
$2,100,000
4 Unit
7 Beds
7 Baths
3544 SQFT
0.06 Acre
470 Sumner St
Boston, MA 02128

Property Description

This amazing generational asset has been completely renovated (2018) and is fully leased. Featuring over $130k of annual income and four private outdoor spaces, these units are easy to rent and hold with minimal maintenance. Consider what the Prime of East Boston will look like in years to come. Easily access the burgeoning waterfront, MBTA and popular restaurants and bars. Floor plans available. Easy to show.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 10
  • Total Bedrooms: 7
  • Total Full Baths: 7
  • Amenities: Bike Path, Highway Access, House of Worship, Laundromat, Park, Public School, Public Transportation, Tennis Court, T-Station

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 133800
  • Gross Expenses: 17851
  • Water/Sewer: 1291
  • INSC: 3018
  • Repairs & Maintenance: 770
  • Net Operating Income: 128721

Utilities

  • Heat Zones: 4
  • Cooling Zones: 4
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • 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: 1920
  • Type: 3 Family
  • Foundation Info: Slab
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73251401
  • Last Updated: 06/29/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
06/29/2024Active$2,100,000$593MLSPIN
06/25/2024Price Change$2,100,000$593MLSPIN
06/16/2024Active$2,200,000$621MLSPIN
06/12/2024New$2,200,000$621MLSPIN

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View Breakdown

Seller's Representative: Eliott Levine, Olde Forge Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.1
Facilitator Compensation: 0
Compensation Based On: Gross/Full Sale Price
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 2024-06-29 03:05:00

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