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678 Bennington St Boston, MA 02128
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Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,281 sqft
Price per Sqft $460
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
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
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
Building
Lot Description Gentle Sloping
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
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Bought with Arthur Deych • Red Tree Real Estate