Investment Analysis — 487-489 Sumner Street

Rare opportunity to own a distinctive 4-unit mixed-use property in the heart of Jeffries Point, offering three beautifully updated residential units plus a separately accessed commercial space. Rich in original architectural detail, the residential units blend timeless character with modern convenience, featuring soaring ceilings, classic woodwork, hardwood floors, bay windows, built-ins and ornamental fireplaces. Unit 1 offers 2 bedrooms and 1 full bath; Unit 2 features 2 bedrooms and 2 full baths; and Unit 3 offers 3 bedrooms and 2 full baths. Each residence features an updated kitchen and bath, in-unit laundry and thoughtfully preserved period details, while the additional full baths in Units 2 and 3 are brand new. The property also features new heating systems, central air conditioning and separately metered utilities, creating added efficiency and convenience for both ownership and management. The commercial unit has its own private entrance, providing additional flexibility and income potential. The seller also has condominium documents prepared for the property, offering a future owner the option to pursue individual condominium conversion if desired.Ideally situated just moments from Piers Park with sweeping Boston Harbor views, ferry service to downtown Boston, the sailing center, playground and waterfront walking paths. Enjoy nearby public tennis courts, the East Boston Greenway, access to Maverick Station, Logan Airport, restaurants, cafés and downtown Boston, with Constitution Beach just a short drive away. An exceptional opportunity for an investor, owner-occupant or developer seeking a well-located property with historic charm, updated interiors, multiple income streams and future condominium potential in one of East Boston’s most desirable neighborhoods.