678 Bennington St Boston, MA SOLD
$1,050,000
Beds 7
Baths 2.5
Square Feet 2,281
Acres 0.07
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!
Listed by Red Tree Real Estate, Arthur Deych
Sold by Red Tree Real Estate, Arthur Deych
Details
MLS 73294238
Status Closed
Price $1,050,000
DOM 55 days
Type Multi-Family
Beds 7
Total Baths 2 full, 1 half baths
Square Feet 2,281 sqft
Lot Size 0.07 acres
Year Built 1900
Lot & Building Features
Construction Frame
Sewer Public Sewer
Tax Year 2024
Taxes Paid $10,386
Water Public
Foundation Stone
Roof Shingle
Full Baths 2
Half Baths 1
Parking Off Street, Stone/Gravel, Paved Drive
Total Rooms 11
Basement Feature Unfinished, Walk-Out Access
Garage Spaces 0
Waterfront 3/10 to 1/2 Mile To Beach, Ocean, Beach Ownership(Public), Beach Front
Map
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.