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487-489 Sumner Street, Boston MA 02128

$1,999,900

Estimated $3,751/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $499,975

Total Rent: 0/year

Estimated CAP Rate:

7 Bedrooms

Baths

3693

Total Parking: 0

1,836 (0.04)

Rare opportunity to own a distinctive 4-unit mixed-use property in the heart of Jeffries Point, offering three beautifully updated residential units plus a separately accessed commercial space. Rich in original architectural detail, the residential units blend timeless character with modern convenience, featuring soaring ceilings, classic woodwork, hardwood floors, bay windows, built-ins and ornamental fireplaces. Unit 1 offers 2 bedrooms and 1 full bath; Unit 2 features 2 bedrooms and 2 full baths; and Unit 3 offers 3 bedrooms and 2 full baths. Each residence features an updated kitchen and bath, in-unit laundry and thoughtfully preserved period details, while the additional full baths in Units 2 and 3 are brand new. The property also features new heating systems, central air conditioning and separately metered utilities, creating added efficiency and convenience for both ownership and management. The commercial unit has its own private entrance, providing additional flexibility and income potential. The seller also has condominium documents prepared for the property, offering a future owner the option to pursue individual condominium conversion if desired.Ideally situated just moments from Piers Park with sweeping Boston Harbor views, ferry service to downtown Boston, the sailing center, playground and waterfront walking paths. Enjoy nearby public tennis courts, the East Boston Greenway, access to Maverick Station, Logan Airport, restaurants, cafés and downtown Boston, with Constitution Beach just a short drive away. An exceptional opportunity for an investor, owner-occupant or developer seeking a well-located property with historic charm, updated interiors, multiple income streams and future condominium potential in one of East Boston’s most desirable neighborhoods.

This home has been viewed 6 times

Last Checked: September 16th, 2026 at 1:48pm (Source: MLS PIN #73567580)

Gross Income: $0

Gross Expenses: $6,102

Net Income Calc: $6,102

Water Views

Annual Expenses for 487-489 Sumner Street, Boston MA 02128

Total Gross Expenses (Calculated)$6,102/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6102

Annual Income & Unit Breakdown for 487-489 Sumner Street, Boston MA 02128

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor3

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

Lease

Bathrooms

Levels in Unit1

Rent Includes

General Information for 487-489 Sumner Street, Boston MA 02128

Listing ID73567580

Property TypeMulti Family / 4 Family

Price1999900 ($541.54/SqFt)

Style4 Family - 4 Units Up/down

CityBoston

CountySuffolk

MLS AreaEast Boston's Jeffries Point

Neighborhood(s)

Approximate Living Area Total3693

Approximate Lot Size (Acres)0.04

Total Parking0

Garage Parking0

Year Built1889

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR3

Water ViewsNo

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 487-489 Sumner Street, Boston MA 02128

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Belongings.

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 487-489 Sumner Street, Boston MA 02128

Real Estate Taxes6102

Tax Year2026

Assessed Value$984,200

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 487-489 Sumner Street, Boston MA 02128

Neighborhood(s)

MLS AreaEast Boston's Jeffries Point

Area AmenitiesWalk/jog Trails

Contact Information for 487-489 Sumner Street, Boston MA 02128

Agent

Name: The Lopes Group

Office

Name: J. Barrett & Company

Phone: 978-922-3683

Payment Calculator

, Interest

Property Taxes 508.5

Principal & Interest 12322.75

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

J. Barrett & Company

The Lopes Group

Agent Phone

Office Phone

(978) 922-3683

Text Agent Call Agent Call Office

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    [description] => Rare opportunity to own a distinctive 4-unit mixed-use property in the heart of Jeffries Point, offering three beautifully updated residential units plus a separately accessed commercial space. Rich in original architectural detail, the residential units blend timeless character with modern convenience, featuring soaring ceilings, classic woodwork, hardwood floors, bay windows, built-ins and ornamental fireplaces. Unit 1 offers 2 bedrooms and 1 full bath; Unit 2 features 2 bedrooms and 2 full baths; and Unit 3 offers 3 bedrooms and 2 full baths. Each residence features an updated kitchen and bath, in-unit laundry and thoughtfully preserved period details, while the additional full baths in Units 2 and 3 are brand new. The property also features new heating systems, central air conditioning and separately metered utilities, creating added efficiency and convenience for both ownership and management. The commercial unit has its own private entrance, providing additional flexibility and income potential. The seller also has condominium documents prepared for the property, offering a future owner the option to pursue individual condominium conversion if desired.Ideally situated just moments from Piers Park with sweeping Boston Harbor views, ferry service to downtown Boston, the sailing center, playground and waterfront walking paths.  Enjoy nearby public tennis courts, the East Boston Greenway, access to Maverick Station, Logan Airport, restaurants, cafés and downtown Boston, with Constitution Beach just a short drive away.  An exceptional opportunity for an investor, owner-occupant or developer seeking a well-located property with historic charm, updated interiors, multiple income streams and future condominium potential in one of East Boston’s most desirable neighborhoods.
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    [unparsed] => 487-489 Sumner Street, Boston MA 02128
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EXIT

37 More Photos

Active

487-489 Sumner Street, Boston MA 02128

$1,999,900

Annual Expenses for 487-489 Sumner Street, Boston MA 02128

Annual Income & Unit Breakdown for 487-489 Sumner Street, Boston MA 02128

General Information for 487-489 Sumner Street, Boston MA 02128

Disclosures for 487-489 Sumner Street, Boston MA 02128

Financial Information for 487-489 Sumner Street, Boston MA 02128

Location Information for 487-489 Sumner Street, Boston MA 02128

Contact Information for 487-489 Sumner Street, Boston MA 02128

Agent

Office

Payment Calculator

Exclusive Listing Agent

J. Barrett & Company

The Lopes Group