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
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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
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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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Community

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