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309 R Sumner, Boston MA 02128, Boston, Residential Income

$ 2,199,900
309 R Sumner, Boston MA 02128,
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Overview

  • Updated On:
  • October 15, 2022
  • 6 Bedrooms
  • 5 Bathrooms
  • 3,272 ft2

Description

OPEN HOUSE MOVED TO 10/22-10/23. An outstanding stabilized opportunity in the heart of Jeffries Point. Completely renovated with condo grade finishes this five family consists of two bi-level 1-bedroom units, two functional studios, and one spacious 2-bedroom. These designer pads feature upgraded kitchens with quartz countertops and stainless steel appliances, bright baths with marble tiling, generous rear decks, central heating/cooling, in-unit washer/dryers, recessed lighting and hardwood floors throughout. This turnkey 4.5% cap has all utilities separate and generates over $133,000 in rental income with room to grow. Located moments from Maverick MBTA stop, downtown Boston and the airport, this property gives an intelligent investor the option to either keep long term tenants or massively increase cashflow by renting short/mid term, as well as the choice to sell out as condos. A rare chance to capitalize on a profitable asset in one of Boston’s highest appreciating neighborhoods.

Address: 309 R Sumner, Boston MA 02128
City:
State/County:
Zip: 02128
Country: US
Open In Google Maps
Property Id : 213808
Price: $ 2,199,900
Property Size: 3,272 ft2
Property Lot Size: 0 ft2
Rooms: 14
Bedrooms: 6
Bathrooms: 5
MLSAreaMajor: East Boston's Jeffries Point
PRICE PER SQ. FT.: 672.34
Basement: Full, Finished
Bathrooms: 5
Flooring: Wood
Laundry Features: Washer Hookup
Listing ID: 73047119
MLSPIN_OH_FLAG: 1
PRICE PER SQ.FT.: 672.34
MLS Status: New
Last Modified: 2022-10-15T16:30:00.000Z
Original List Price: 2199900
Stories Total: 9
Street Name: Sumner
Street Number: 309 R
Utilities: for Gas Range, Washer Hookup
Other Features
Electric Water Heater
Rain Gutters
Utility Connections for Gas Range

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