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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

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    $6,275/mo

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    What's special

    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!

    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