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 develop 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 2,305 Sq. Ft. to 6,275 Sq. Ft. PLANS ARE ATTACHED. Reach out to the Listing Agent to discuss how we can get creative on this deal!
This home has been viewed 30 times
Last Checked: May 7th, 2024 at 6:50am (Source: MLS PIN #73083751)
Gross Income: $0
Gross Expenses: $10,135
Net Income Calc: $10,135
CAP Rate: -0.84%
Annual Expenses for 306 Sumner St, Boston MA 02128
Total Gross Expenses (Calculated)$10,135/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$10,135
Annual Income & Unit Breakdown for 306 Sumner St, Boston MA 02128
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms3
Bathrooms2 Full
Floor3
Levels in Unit2
HeatingNo
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms3
Bathrooms2 Full
Floor3
Levels in Unit2
HeatingNo
Rent Includes
General Information for 306 Sumner St, Boston MA 02128
Listing ID73083751
Property TypeMulti Family / 4 Family
Price$1,200,000 ($191.24/SqFt)
Style4 Family
CityBoston
CountySuffolk
MLS AreaEast Boston
Neighborhood(s)
Approximate Living Area Total6,275 SqFt
Approximate Lot Size (Acres)0.06 acres
Total Parking0
Garage Parking
Year Built2022
Year Built SourceOwner
Year Renovated
Year Built DetailsTo Be Built
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesLevel
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningR3
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 306 Sumner St, Boston MA 02128
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureMeasured by our architects for the aproved project
Building Area SourceOther
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$0
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation2
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 306 Sumner St, Boston MA 02128
Real Estate Taxes$10,135
Tax Year2022
Assessed Value$931,500
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$0
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-0.84%
Location Information for 306 Sumner St, Boston MA 02128
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaEast Boston
Area AmenitiesPublic Transportation
Contact Information for 306 Sumner St, Boston MA 02128