$2,090,000
13
Beds
8
Baths
4,033
Living Area
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Property Description
INVESTORS TAKE NOTE!! Welcome to 492 Sumner Street, a recently renovated four-family in the desirable Jeffries Point neighborhood. The property underwent a comprehensive construction program including new mechanical systems with central heat/AC, in-unit laundry, hardwood floors, shaker style white cabinets, quartz countertops, as well as stainless steel appliances. Additional unit features include sub-metered utilities and rear balconies with backyard access. The building is also sprinklered to meet life safety codes. The expansive unit mix consists of one (1) 2-bed/2-bath, one (1) 3-bed/2-bath, and two (2) 4-bed/2-bath units, which is ideal for maximizing bedroom count and cash-flow. The best of Jeffries Point is at your fingertips with close proximity to Piers Park, public transit, and the marina, as well as great neighborhood bars/restaurants. This property presents a unique opportunity for an investor to supplement their portfolio as interest rates continue to trend downwards.
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Highlights
- Area: East Boston's Jeffries Point
- Property Type: 4 Family - 4 Units Up/Down
- Year Built: 2019
- Property Class: Residential Income
- Total Rooms: 30
- Status: Closed
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Additional Details
- Basement: Full, Finished, Walk-Out Access
- Flooring: Wood
- Lot Features: Gentle Sloping
- Year Built Details: Renovated Since
- Zoning: Ebr-3
- Exterior Features: Rain Gutters
- Foundation: Stone
- Total Number of Units: 4
- Year Built Source: Owner
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Utilities
- Electric: Circuit Breakers, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,296,600
- Compensation Based On: Gross/Full Sale Price
- Tax Year: 2024
- Total Rent: $14,525
- Buyer Agent Compensation: 2.5%
- Facilitator Compensation: 1%
- Taxes: $14,263
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Listing information provided courtesy of Sun Property Group.
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