Exceptional Investor Opportunity: Fully Rented 3-Family in Jeffries Point, East Boston! Discover an incredible investment opportunity in East Boston's coveted Jeffries Point neighborhood. This fully rented 3-family gem offers the ideal investment trifecta—proximity to the Boston Harbor, efficient public transit access, and undeniable urban convenience. Appealing to the savvy investor seeking both potential returns and future growth, this property provides immediate rental income from its fully occupied units. Moreover, its strategic location assures a promising future with the potential for rent appreciation in the near future. For those with an eye on redevelopment, this property also presents the exciting possibility of permit-based redevelopment, opening avenues for even greater value.. Don't miss this chance—reach out today to secure this prime investment opportunity in the heart of Jeffries Point! This property can be bought as package deal with 87 Cottage Street East Boston.
Sold for $870,000
$870,000
89 Cottage St, East Boston, MA 02128
3beds
1,881sqft
3 Family - 3 Units Side by Side
Built in 1905
-- sqft lot
$953,200 Zestimate®
$463/sqft
$2,297 Estimated rent
Home value
$953,200
$877,000 - $1.04M
$2,297/mo
Zestimate® history
Owner options
List your home for rent
$2,297/mo
Rent Zestimate®
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$2,297/mo
Rent Zestimate®
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$5,118/mo
Est. payment
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$5,118/mo
Est. payment
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Efficient public transit accessJeffries point neighborhood
Zillow last checked:
Listing updated:
Listed by:
Zachary Conley 617-982-8607,
NextGen Realty, Inc. 617-208-2100
Bought with:
Jason Francis
Boardwalk Properties
Source: MLS PIN,MLS#: 73153284
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,881
- Total interior livable area: 1,881 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Waterfront features: Harbor
Lot
- Size: 836 sqft
- Features: Other
Details
- Parcel number: 1327655
- Zoning: 3-Family R
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Side by Side
Materials
- Foundation: Brick/Mortar
Condition
- Year built: 1905
Utilities & green energy
- Electric: Other (See Remarks)
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station, University
Location
- Region: East Boston
HOA & financial
Other financial information
- Total actual rent: 5925
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2023 | Sold | $870,000-3.3%$463/sqft |
Source: MLS PIN #73153284 Report a problem | ||
| 8/29/2023 | Listed for sale | $900,000-9.9%$478/sqft |
Source: MLS PIN #73153284 Report a problem | ||
| 8/8/2023 | Listing removed | $999,000+8.6%$531/sqft |
Source: MLS PIN #73083508 Report a problem | ||
| 6/13/2023 | Price change | $919,500-0.6%$489/sqft |
Source: MLS PIN #73083508 Report a problem | ||
| 4/27/2023 | Price change | $924,900-2.5%$492/sqft |
Source: MLS PIN #73083508 Report a problem | ||
| 3/17/2023 | Price change | $949,000-5%$505/sqft |
Source: MLS PIN #73083508 Report a problem | ||
| 3/2/2023 | Listed for sale | $999,000-27.6%$531/sqft |
Source: MLS PIN #73083508 Report a problem | ||
| 2/8/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 1/30/2021 | Listed for rent | $1,295$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/27/2020 | Sold | $1,380,000$734/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,470 +4.5% | $817,800 -1.6% |
| 2024 | $9,063 +1.5% | $831,500 |
| 2023 | $8,930 +10.5% | $831,500 +12% |
| 2022 | $8,078 +8.1% | $742,500 +6% |
| 2021 | $7,474 +13.6% | $700,500 +12.4% |
| 2020 | $6,579 +12.2% | $623,000 +12% |
| 2019 | $5,863 +12.7% | $556,300 +12% |
| 2018 | $5,204 +390.9% | $496,600 +12% |
| 2017 | $1,060 -75% | $443,400 +15% |
| 2016 | $4,241 +23.7% | $385,500 +36.2% |
| 2015 | $3,428 +14.5% | $283,100 +24.2% |
| 2013 | $2,995 +1.7% | $227,900 +0.9% |
| 2012 | $2,946 -1.1% | $225,900 -3% |
| 2011 | $2,979 +1.2% | $232,900 -6% |
| 2010 | $2,943 -6.6% | $247,700 -16.4% |
| 2009 | $3,150 -17.5% | $296,300 -14.9% |
| 2008 | $3,818 -4% | $348,000 -3.9% |
| 2007 | $3,978 | $362,000 |
Find assessor info on the county website
Neighborhood: East Boston
Nearby schools
GreatSchools rating
- NAEast Boston Early Childhood CenterGrades: PK-1Distance: 0.1 mi
- 3/10Umana/Alighieri K-8Grades: PK-8Distance: 0.8 mi
- 2/10East Boston High SchoolGrades: 7-12Distance: 0.9 mi
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Estimated market value
$953,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$953,200
- Massachusetts
- Suffolk County
- Boston
- 02128
- East Boston
- 89 Cottage St
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