Sold

678 Bennington St

Boston MA, 02128

$1,050,000


$460.32 per sqft

Sold

7 Beds

3 Baths

2,281 sqft

Multi-family

Built in 1900

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!

73294238

MLS ID

September 24, 2024

Listed

November 22, 2024

Updated

Map

678 Bennington St
Boston MA, 02128

Interior Features

Total Stories

3


Bedrooms

7


Total Bathrooms

3


Full Bathrooms

2


Half Bathrooms

1


Floor Description

Hardwood


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.07 Acres


Lot Features

Gentle Sloping


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Area Name

East Boston


Taxes

$10,386


Tax Frequency

Annually


Days on Market

20


Garage

No


Parking

Paved Drive, Off Street, Stone/Gravel


Parking Total

3


View

No


County

Suffolk


Water Source

Public


Pool

No


Zoning

R2

Listing History

Date

Event

Price

11/19/2024

Sold

$1,050,000

10/14/2024

Pending

 

Courtesy of Arthur Deych, Red Tree Real Estate

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Data last updated 11:23 PM UTC, 11/22/2024

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