$1,650,000
9
Beds
5
Baths
3,848
Living Area
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Property Description
Rare investment opportunity to own a high-performing four-family home in the heart of East Boston’s desirable Eagle Hill neighborhood. With a high cap rate and significant upside potential, this property is ideal for investors or owner-occupants looking to maximize value. Mostly updated throughout, the home features central air split systems, hardwood floors, and renovated kitchens, offering modern comfort and efficiency. The first unit (ADU) is a fully modernized space with a sleek kitchen and bath, central air, and contemporary finishes, making it a highly desirable rental. Units two through four are well-maintained and rent-ready, but with thoughtful renovations, they could command even higher market rents. Situated in a prime location close to public transportation, Logan Airport, and East Boston’s vibrant dining and shopping scene, this property offers strong rental demand and long-term value. A rare find with immediate income potential and room for growth.
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Highlights
- Area: East Boston
- Property Class: Residential Income
- Stories: 10
- Year Built: 1865
- Levels: 10
- Property Type: 4 Family
- Total Rooms: 17
- Status: Active
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Additional Details
- Construction: Frame
- Flooring: Wood
- Lot Features: Gentle Sloping
- Roof: Rubber
- Total Number of Units: 4
- Year Built Source: Public Records
- Fireplaces: 2
- Foundation: Concrete Perimeter, Stone
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Renovated Since
- Zoning: Res
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, T-Station
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,231,800
- Tax Year: 2024
- Total Rent: $10,750
- Buyer Agent Compensation: 2%
- Taxes: $13,427
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Listing information provided courtesy of Coldwell Banker Realty - Boston.
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