NOT LISTED FOR SALE

464 Sumner St Boston, MA 02128

Jeffries Point Neighborhood
11 Beds
8 Baths
4,778 Sq Ft
2,500 Sq Ft Lot

Last Sold July 12, 2024

Last sale price $2,435,000 $510 Per Sq Ft

65 Days on Market

Highlights

  • Marina
  • 0.06 Acre Lot
  • Wood Flooring
  • Medical Services
  • Property is near public transit and schools
  • 1-minute walk to Sumner-Lamson Playground

About This Home

As of July 2024

Welcome to 464 Sumner Street, your next lucrative investment opportunity in Jeffries Point, East Boston! This recently gut-renovated4-family has a brand new construction addition and is a gem. A Great opportunity to grow your portfolio and secure your financial future. No expense spared withcondo-quality finishes including European-inspired kitchens, hardwood floors, central heat/AC, and in-unit laundry, open-conceptlayouts designed for modern living. Tremendous opportunity for rent growth with high demand luxury units. Situated near Piers Park, public transit,highways, and the marina, this property offers the perfect blend of convenience and desirability.

Last Agent to Sell the Property

Zachary Conley

NextGen Realty, Inc. Listed on: 04/09/2024

Co-Listed By

Kimberly Donovan

NextGen Realty, Inc.

Last Buyer's Agent

Chris Mehr

Full Circle Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,800

Year Built

  • Built in 1896

Lot Details

  • 2,500

Home Design

  • Quadruplex
  • Frame Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,778 Sq Ft Home
  • Insulated Windows
  • Insulated Doors
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Full Bathrooms

Parking

  • On-Street Parking
  • Open Parking

Additional Features

  • 2,500 Sq Ft Lot
  • Property is near public transit and schools
  • 110 Volts

Listing and Financial Details

  • Total Actual Rent $15,650
  • Assessor Parcel Number 1329321

Community Details

Overview

  • 4 Units
  • Near Conservation Area
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Electric Expense $500
  • Insurance Expense $4,773
  • Water Sewer Expense $3,100
  • Operating Expense $28,539
  • Net Operating Income $121,596

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,800

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Up/Down
  • Year Built: 1896
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Stories: 10

Interior Features

  • Flooring: Wood
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Total Bedrooms: 11
  • Full Bathrooms: 8
  • Total Bathrooms: 8
  • Basement: Full
  • Living Area: 4778
  • Spa YN: No
  • Stories Total: 10
  • Window Features: Insulated Windows
  • MAIN LO: BB9279
  • MAIN SO: AN0919

Exterior Features

  • Exterior Features: Other
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront Features: Beach Front, Harbor, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Electric: 110 Volts
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, Marina, Public School, T-Station, University
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 3100

Lot Info

  • Parcel Number: 1329321
  • Zoning: 4-6 unit
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2500
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Other (See Remarks)

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12800

Multi Family

  • Electric Expense: 500
  • Insurance Expense: 4773
  • Net Operating Income: 121596
  • Number Of Units Total: 4
  • Operating Expense: 28539
  • Total Actual Rent: 15650
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2024 07/12/24 Sold $2,435,000 -2.4% $510 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $2,495,000 0.0% $522 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/24/2024 04/24/24 Price Changed $2,495,000 -3.1% $522 / Sq Ft
04/09/2024 04/09/24 For Sale $2,575,000 -- $539 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2024

    Zachary Conley

    NextGen Realty, Inc.

    (617) 982-8607

    6 in this area

    31 Total Sales

    Zachary Conley
    Section Image
  • Kimberly Donovan

    Seller Co-Listing Agent in 2024

    Kimberly Donovan

    NextGen Realty, Inc.

    (781) 548-0002

    2 in this area

    12 Total Sales

    Kimberly Donovan
    Section Image
  • Chris Mehr

    Buyer's Agent in 2024

    Chris Mehr

    Full Circle Realty LLC

    (617) 721-0947

    1 in this area

    235 Total Sales

    Chris Mehr
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73221816

MLS Property Information Network (MLS PIN)

APN: EBOS W:01 P:05116 S:000

Massachusetts Suffolk County Boston 02128 Jeffries Point

464 Sumner St, Boston, MA

Not Listed for Sale

MultiFamily

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