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You are here:
$1,150,000
2 Unit
6 Beds
3 Baths
2281 SQFT
0.07 Acre
678 Bennington St
Boston, MA 02128

Property Description

This is a prime investment opportunity boasting a strong rental history and significant potential for increased value and equity. This well-maintained two-family residential building features contemporary interior upgrades, along with updated mechanical systems, plumbing, and roof, ensuring minimal maintenance for years to come. With parking for 3-4 vehicles, a lovely yard, and a highly desirable location near restaurants, markets, beaches, parks, and the Blue Line, this property is perfectly positioned for long-term tenant appeal. Currently generating $7,400 in monthly rental income, this investment continues to grow year-over-year. The top-floor unit is secured with a 3-year lease, featuring pre-negotiated rent increases to $4,738/month in the second year and $4,880/month in the third year. Don't miss out on this excellent opportunity!

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Amenities: Bike Path, Conservation Area, Highway Access, House of Worship, Laundromat, Marina, Medical Facility, Other (See Remarks), Park, Private School, Public School, Public Transportation, Shopping, Tennis Court, T-Station, University, Walk/Jog Trails
  • Basement Features: Unfinished Basement, Walk Out

Financial

  • APOD Available: No
  • Gross Operating Income: 86400
  • Net Operating Income: 86400

Utilities

  • Heat Zones: 2
  • Electric Info: 100 Amps, Other (See Remarks)
  • Energy Features: Insulated Windows
  • 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: 2

Construction

  • Year Built: 1900
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73294238
  • Last Updated: 09/24/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
09/24/2024New$1,150,000$504MLSPIN

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Map & Resources

Excel Academy Charter School

Charter School, Grades: 5-12

0.27mi

Selma's Kitchen

Fast Food

0.16mi

Burger King

Burger (Fast Food)

0.25mi

Subway

Sandwich (Fast Food)

0.26mi

Dunkin'

Donut & Coffee Shop

0.3mi

Engine 56 - Ladder 21

Fire Station

0.57mi

Boston Scores Field at Salesian Heights

Sports Centre

0.05mi

Planet Fitness

Fitness Centre

0.14mi

Constitution Beach

State Park

0.11mi

Saratogo St Play Area

Municipal Park

0.14mi

Noyes Playground

Municipal Park

0.23mi

Constitution Beach

State Park

0.24mi

Constitution Beach

State Park

0.25mi

McLean Playground

Municipal Park

0.28mi

Al Festa Field

Park

0.37mi

Oxygin

Hairdresser

0.35mi

Beauty Nails

Nail Salon

0.38mi

Casa Barbershop Styling

Hairdresser

0.4mi

House of Nails

Nails

0.45mi

East Boston Savings Bank

Bank

0.22mi

First Priorities Credit Union

Bank

0.45mi

Rite Aid

Pharmacy

0.35mi

Richdale's

Convenience

0.11mi

Bennington St @ Westbrook St

120

0.08mi

Bennington St @ Westbrook St

120

0.08mi

Bennington St @ Byron St

120

0.13mi

Bennington St @ Byron St

120

0.14mi

Bennington St @ Trident St

120

0.19mi

Bennington St @ Trident St

120

0.2mi

Bennington St @ Moore St

120

0.25mi

Bennington St @ Moore St

120

0.27mi

Seller's Representative: Arthur Deych, Red Tree Real Estate
MLS ID#: 73294238

© 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 2024-09-24 16:47:00

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