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Sold for $1,050,000 on 11/18/24
  • $1,050,000

    678 Bennington St, East Boston, MA 02128

    7beds
    2,281sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $1,089,800 Zestimate®
    $460/sqft
    $4,416 Estimated rent

    Owner options

    List your home for rent

    $4,416/mo

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    $4,416/mo

    Rent Zestimate®

    Refinance and save

    $6,201/mo

    Est. payment

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    $6,201/mo

    Est. payment

    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: January 07, 2025 at 12:26pm

    Listed by:

    Arthur Deych,

    Red Tree Real Estate,

    John McDonough

    Bought with:

    The Lucci Witte Team

    William Raveis R.E. & Home Services

    Source: MLS PIN,MLS#: 73294238

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Features
    • Flooring: Hardwood
    • Windows: Insulated Windows
    • Basement: Walk-Out Access,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,281
    • Total interior livable area: 2,281 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Paved Drive, Off Street, Stone/Gravel
    • Has uncovered spaces: Yes
    Features
    • Fencing: Fenced
    • Waterfront features: Beach Front, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
    Lot
    • Size: 2,947 sqft
    • Features: Gentle Sloping
    Details
    • Parcel number: W:01 P:01043 S:000,1331216
    • Zoning: R2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame
    • Foundation: Stone
    • Roof: Shingle
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range

    Community & neighborhood

    Community
    • 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
    Location
    • Region: East Boston

    HOA & financial

    Other financial information
    • Total actual rent: 7200
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    Estimated market value
    $1,089,800