Rare investment opportunity to own a high-performing four-family (#1 is ADU) home in the heart of East Boston’s desirable Eagle Hill neighborhood. With a high cap rate and significant upside potential, this property is ideal for investors or owner-occupants looking to maximize value. Mostly updated throughout, the home features central air split systems, hardwood floors, and renovated kitchens, offering modern comfort and efficiency. The first unit (ADU) is a fully modernized space with a sleek kitchen and bath, central air, and contemporary finishes, making it a highly desirable rental. Units two through four are well-maintained and rent-ready, but with thoughtful renovations, they could command even higher market rents. Situated in a prime location close to public transportation, Logan Airport, and East Boston’s vibrant dining and shopping scene, this property offers strong rental demand and long-term value. A rare find with immediate income potential and room for growth.
— MLSPIN #: 73336019Map of 109 Eutaw Street, Boston, MA 02128
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| List Price: | $1,700,000 |
|---|---|
| Status: | Active |
| MLS ID: | 73336019 |
| Town: | Boston |
| Neighborhood: | East Boston |
| County: | Suffolk |
| Zip: | 02128 |
| Property Type: | Residential Income |
| Property Sub Type: | 4 Family |
| Bedrooms: | 9 |
| Full Baths: | 5 |
| Living Area: | 3,848 sqft |
| Acres: | 0.06 |
| Taxes: | 13,427 |
| Flooring: | Wood |
| Lot Features: | Gentle Sloping |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 1865 |
| Roof: | Rubber |
| Directions: | Off of Brooks street. |
| Foundation Details: | Concrete Perimeter, Stone |
| Construction Materials: | Frame |
| Listing Contract Date: | 2025-02-18 |
| Fireplace?: | Yes |
| Lot Size Area: | 0.06 |
| Lot Size Square Feet: | 2,500 |
| Fireplaces Total: | 2 |
| Rooms Total: | 17 |
| Bathrooms Total Integer: | 5 |
| Building Area Source: | Public Records |
| Building Area Total: | 3,848 |
| Community Features: | Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, T-Station |
| Levels: | 10 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 4 |
| Parcel Number: | 1333556 |
| Patio And Porch Features: | Deck - Wood |
| Road Frontage Type: | Public |
| Sewer: | Public Sewer |
| Utilities: | for Gas Range |
| Zoning: | RES |
| Stories Total: | 10 |
| Year Built Source: | Public Records |
| Disclosures: | Buyer to conduct all due diligence, building is being sold as is. |
| Electric Expense: | $400 |
| Farm Land Area Units: | Square Feet |
| Gross Income: | $129,000 |
| Listing Agreement: | Exclusive Right To Sell |
| Listing Terms: | Assumable |
| Apod Available: | Yes |
| Disclosure: | Yes |
| Dpr Flag: | No |
| Flrs 1: | 1 |
| Flrs 2: | 2 |
| Flrs 3: | 3 |
| Flrs 4: | 4 |
| Gre: | 5,400 |
| Lead Paint: | Unknown |
| Lease 1: | Yes |
| Lease 2: | No |
| Lease 3: | Yes |
| Lease 4: | Yes |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Levels 3: | 1 |
| Levels 4: | 1 |
| Listing Alert: | No |
| List Price Per Sqft: | $441.79 |
| Mse: | 1,000 |
| Page: | 333 |
| Price Per Sqft: | $441.79 |
| Square Feet Disclosures: | unit 1 is an ADU. |
| Square Feet Incl Base: | No |
| Net Operating Income: | $110,000 |
| Operating Expense: | $5,400 |
| Original List Price: | $1,800,000 |
| Tax Assessed Value: | $1,231,800 |
| Tax Year: | 2024 |
| Total Actual Rent: | $10,750 |
| Water Sewer Expense: | $3,000 |
| Year Built Details: | Renovated Since |
| Bedrms 1: | 2 |
| Bedrms 2: | 2 |
| Bedrms 3: | 2 |
| Bedrms 4: | 1 |
| F Bths 1: | 2 |
| F Bths 2: | 1 |
| F Bths 3: | 1 |
| F Bths 4: | 1 |
| Hot Water: | Natural Gas, Electric |
| Rent1: | 3,100 |
| Rent2: | 2,600 |
| Rent3: | 2,600 |
| Rent4: | 2,450 |
Disclaimer:
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
MLS Property Information Network, Inc. data last updated on March 12, 2025 03:18 AM
Property Last Updated: March 09, 2025 04:07 AM
Listing Courtesy of: Coldwell Banker Realty - Boston
Listing Agent: AJ Arstamyan
617-594-4047
