492 Sumner Street Boston MA 02128 MLS #73286026

492 Sumner Street
Boston, MA, 02128
$2,399,000
13 Beds
8 Baths
4,033 SqFt
0.06 Acres
$2,399,000
492 Sumner Street
Boston, MA, 02128
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.

Property Details

Price:
$2,399,000
MLS #:
73286026
Status:
Active
Beds:
13
Baths:
8
Address:
492 Sumner Street
Type:
Multi Family
Subtype:
4 Family – 4 Units Up/Down
Neighborhood:
East Boston’s Jeffries Point
City:
Boston
Listed Date:
Sep 5, 2024
State:
MA
Finished Sq Ft:
4,033
Total Sq Ft:
4,033
ZIP:
02128
Lot Size:
2,633 sqft / 0.06 acres (approx)
Year Built:
2019
Units:
4

Schools

Interior

Bathrooms
8 Full Bathrooms
Flooring
Wood

Exterior

Exterior Features
Rain Gutters

Financial

Net Operating Income
$141,698
Tax Year
2024
Taxes
$14,263
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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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Courtesy of Odessit Capital. 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.
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492 Sumner Street
Boston, MA