Your new Expansion/Condo Project in Jeffries Point, a vibrant neighborhood filled with new developments and redevelopments. Project is APPROVED by the ZBA. The project is to take the existing 3-unit multi-family with 2 Bedrooms and 1 Bathroom in each unit, and redevelop it into a 4-Unit Multi-Family with 3 Bedrooms and 2 Bathrooms in each, PLUS: All aspects of the house (Bedrooms, Kitchen, Living/Dining Room, and Bathroom are all to be expanded from its current state). As measured by our Architects, by adding a fourth floor as well as expanding the property into the large backyard, the gross living area will go from the current 1,930 NET SF to a new total NET SF of 5,620 (or 2,305 current GROSS SF to 6,275 new GROSS SF). All units currently leased through 8/31/24 - allowing a Buyer to not bleed from vacancies while going through the permitting. $7K/month total from the 3 units. Video tours available upon request. SEE ATTACHED DOCS/PLANS. Reach out for more!
Sold for $1,062,500 on 03/05/24
$1,062,500
306 Sumner St, East Boston, MA 02128
12beds
6,275sqft
4 Family
Built in 2022
-- sqft lot
$1,145,700 Zestimate®
$169/sqft
$3,621 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: March 26, 2024 at 03:39pm
Listed by:
Caio Simao,
Prestige Property Solutions, Inc.,
Caio Simao
Bought with:
Kathleen Alexander - Creative Living Team
Keller Williams Realty Boston-Metro | Back Bay
Source: MLS PIN,MLS#: 73169896
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
- Full bathrooms: 8
Features
- Flooring: Bamboo
- Basement: Interior Entry,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 6,275
- Total interior livable area: 6,275 sqft
Property
Features
- Patio & porch: Porch
- Fencing: Fenced
Lot
- Size: 2,450 sqft
- Features: Level
Details
- Parcel number: W:01 P:04908 S:000,1331782
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 4 Family
Materials
- Foundation: Stone
- Roof: Shingle,Rubber
Condition
- New construction: Yes
- Year built: 2022
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation
Location
- Region: East Boston
HOA & financial
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Other (See Remarks)
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Estimated market value
$1,145,700