Calling all investors and developers. This is your opportunity to own a TURNKEY generational asset just steps from the beach that just underwent a top-to-bottom renovation, the centerpiece of which was a ~700 square foot vertical addition, with the potential to develop the second lot into an additional building. Not only does this three-family with parking command substantial rents, but the opportunity is there to add value with the parking area (with curb cut) to bring in even more revenue. All units feature new stainless-steel appliances, granite countertops, washer/dryers, and more. The beautiful tiled bathrooms will take your breath away. Lots of deck space with ocean views is hard to beat. Great location, directly in front of MBTA 11 bus stop and short walk to the Red Line's Andrew Square or JFK/UMASS for the Commuter Rail, and highway access just down the road mean easy trips to downtown. A quick walk to East Broadway for shopping, food, and fun! Perfect for any 1031's next deal.
— MLSPIN #: 73267070Map of 465 East Eighth Street, Boston, MA 02127
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| List Price: | $2,499,500 |
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| Status: | Active |
| MLS ID: | 73267070 |
| Town: | Boston |
| Neighborhood: | South Boston |
| County: | Suffolk |
| Zip: | 02127 |
| Property Type: | Residential Income |
| Property Sub Type: | 3 Family - 3 Units Up/Down |
| Bedrooms: | 6 |
| Full Baths: | 4 |
| Living Area: | 3,031 sqft |
| Acres: | 0.06 |
| Taxes: | 6,717 |
| Appliances: | Range, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Washer/Dryer, Instant Hot Water, Oven, Range Hood |
| Cooling: | Wall Unit(s), Heat Pump, Individual, Unit Control, Ductless |
| Flooring: | Tile, Stone/Ceramic Tile |
| Heating: | Electric, Individual, Unit Control, Heat Pump, Wall Unit, Ductless |
| Parking Features: | Off Street, On Street, Guest, Driveway, Stone/Gravel, Other |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 1905 |
| Window Features: | Box/Bay/Bow Window(s) |
| Directions: | Intersection of East Eighth Street and Winfield Street between G Street and H Street, follow GPS. |
| Laundry Features: | Washer Hookup, Dryer Hookup, Washer & Dryer Hookup, Electric Dryer Hookup |
| Foundation Details: | Other |
| Postal Code Plus4: | 7892 |
| Listing Contract Date: | 2024-07-19 |
| Cooling?: | Yes |
| Heating?: | Yes |
| Lot Size Area: | 0.06 |
| Lot Size Square Feet: | 2,462 |
| Rooms Total: | 17 |
| Bathrooms Total Integer: | 4 |
| Basement: | Interior Entry |
| Building Area Source: | Other |
| Building Area Total: | 3,031 |
| Community Features: | Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University |
| Exterior Features: | Balcony/Deck, Stone Wall |
| Interior Features: | Office/Den, Storage, Stone/Granite/Solid Counters, High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Walk-In Closet(s), Bathroom with Shower Stall, Remodeled, Internet Available - Broadband, Internet Available - DSL, Internet Available - Fiber-Optic, Internet Available - Satellite, Living Room, Kitchen, Mudroom, Sunroom |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 3 |
| Open Parking?: | Yes |
| Parcel Number: | 0701511000, 1412211 |
| Patio And Porch Features: | Deck |
| Rent Includes: | Unit 1(Water), Unit 2(Water), Unit 3(Water) |
| Road Frontage Type: | Public |
| Road Surface Type: | Paved |
| Sewer: | Public Sewer |
| Utilities: | for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup |
| Waterfront Features: | Waterfront, Beach Front, Navigable Water, Ocean, Bay, Walk to, Access, Public, Beach Access, Bay, Harbor, Ocean, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public) |
| Waterfront?: | Yes |
| Zoning: | SB MFR |
| Elementary School: | Bps |
| Green Energy Efficient: | Varies per Unit |
| Green Indoor Air Quality: | Integrated Pest Management |
| High School: | Bps |
| Middle Or Junior School: | Bps |
| Stories Total: | 6 |
| View: | City View(s), City |
| Year Built Source: | Public Records |
| Farm Land Area Units: | Square Feet |
| Frontage Length: | 44.00 |
| Gross Income: | $150,000 |
| Insurance Expense: | $2,359 |
| Listing Agreement: | Exclusive Right To Sell |
| Apod Available: | No |
| Disclosure: | No |
| Dpr Flag: | No |
| Flrs 1: | 1 |
| Flrs 2: | 2 |
| Flrs 3: | 3 |
| Gre: | 2,359 |
| Lead Paint: | Unknown |
| Lease 1: | Yes |
| Lease 2: | Yes |
| Lease 3: | Yes |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Levels 3: | 2 |
| Listing Alert: | No |
| List Price Per Sqft: | $824.65 |
| Page: | 127 |
| Price Per Sqft: | $824.65 |
| Sewage District: | BWSC |
| Square Feet Disclosures: | Architectural Plans |
| Square Feet Incl Base: | No |
| Sub Agency Offered: | No |
| Net Operating Income: | $141,641 |
| Operating Expense: | $2,359 |
| Original List Price: | $2,499,500 |
| Parking Total: | 4 |
| Road Responsibility: | Public Maintained Road |
| Tax Assessed Value: | $1,221,200 |
| Tax Year: | 2025 |
| Total Actual Rent: | $12,600 |
| View?: | Yes |
| Year Built Details: | Actual |
| Waterview Features: | Bay, Harbor, Ocean, Public, Walk to |
| Waterview Flag: | Yes |
| Bedrms 1: | 1 |
| Bedrms 2: | 1 |
| Bedrms 3: | 4 |
| F Bths 1: | 1 |
| F Bths 2: | 1 |
| F Bths 3: | 2 |
| Hot Water: | Natural Gas, Electric, Tankless, Varies Per Unit |
| Rent1: | 2,800 |
| Rent2: | 3,200 |
| Rent3: | 6,500 |
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 November 23, 2024 11:37 AM
Property Last Updated: August 17, 2024 09:18 PM
Listing Courtesy of: Keller Williams Realty Boston-Metro | Back Bay
Listing Agent: Joseph A Rinaldi
413-314-3304
