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Nate Rock

nate.rock@engelvoelkers.com +1(617) 459-6656

$ 1,150,000

Est. payment -/mo

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Pending

678 Bennington St Boston, MA 02128

7 Beds

2.5 Baths

2,281 SqFt

UPDATED:

10/14/2024 08:40 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 2,281 sqft

Price per Sqft $504

MLS Listing ID 73294238

Bedrooms 7

Full Baths 2

Half Baths 1

Year Built 1900

Annual Tax Amount $10,386

Tax Year 2024

Lot Size 3,049 Sqft

Acres 0.07

Property Description

This is a prime investment opportunity boasting a strong rental history and significant potential for increased value and equity. This well-maintained two-family residential building features contemporary interior upgrades, along with updated mechanical systems, plumbing, and roof, ensuring minimal maintenance for years to come. With parking for 3-4 vehicles, a lovely yard, and a highly desirable location near restaurants, markets, beaches, parks, and the Blue Line, this property is perfectly positioned for long-term tenant appeal. Currently generating $7,400 in monthly rental income, this investment continues to grow year-over-year. The top-floor unit is secured with a 3-year lease, featuring pre-negotiated rent increases to $4,738/month in the second year and $4,880/month in the third year. Don't miss out on this excellent opportunity!

Location

State MA

County Suffolk

Area East Boston

Zoning R2

Direction Bennington street going inbound toward city

Rooms

Basement Walk-Out Access, Unfinished

Interior

Flooring Hardwood

Exterior

Fence Fenced

Community Features Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Other

Utilities Available for Gas Range

Waterfront false

Waterfront Description Beach Front,Ocean,3/10 to 1/2 Mile To Beach,Beach Ownership(Public)

Roof Type Shingle

Parking Type Paved Drive, Off Street, Stone/Gravel

Total Parking Spaces 3

Garage No

Building

Lot Description Gentle Sloping

Story 3

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Red Tree Real Estate

Nate Rock

Broker Associate | License ID: cn226013

+1(617) 459-6656

Nate Rock

678 Bennington St Boston, MA 02128

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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678 Bennington St