362 Sumner Street Boston MA 02128 | 73105129

362 Sumner Street
Boston, MA, 02128
$2,410,000
8 Beds
7 Baths
3,571 SqFt
0.05 Acres
$2,410,000
362 Sumner Street
Boston, MA, 02128
Full renovation to the studs of this Jeffries Point 3-Family, plus new 4th floor addition. The building will be delivered stabilized and fully rented beginning June 1, 2023 for an annual rent of just under $150,000. Spanning four floors, this building features two (2) bedroom plus (2) full bathrooms and one bi-level (4) bedroom plus (3) full bathrooms. All 3 units feature private decks as well as a large landscaped backyard. Open updated kitchen with floor to ceiling cabinets, unique finishes, granite and SS appliances. Timeless red oak floors stained with a Nordic finish. Each unit features decorative LED lighting as well as custom tiling. New plumbing, electrical, insulation, and windows as well as central AC/Heat and laundry in every unit. Separately metered utilities keeping landlord monthly expenses low. Less than .3 miles to the newest restaurants on the East Boston Waterfront, Piers & LoPresti Park and all that Jeffries Point has to offer!

Property Details

Price:
$2,410,000
MLS #:
73105129
Status:
Active Under Contract
Beds:
8
Baths:
7.00
Address:
362 Sumner Street
Type:
Multi Family
City:
Boston
Listed Date:
May 1, 2023
State:
MA
Square Ft (approx):
3,571
ZIP:
02128
Subdivision:
Lot Size:
2,300 sqft / 0.05 acres (approx)
Year Built:
1900

Schools

Interior

Appliances
Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Flooring
Wood

Exterior

Parking Features
On Street

Financial

Buyer Agent Compensation
2.5%%
Net Operating Income
$126,480
Tax Year
2023
Taxes
$5,044
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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