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3106-3110 Washington Street

Boston, MA 02119
  • $1,750,000
  • STATUS: Active
  • MLS #: 72983550
Price Reduced
UPDATED: 54 min ago
$1,750,000
  • 8
    BEDS
  • 0.08
    ACRES
  • 2
    BATHS
  • 2
    1/2 BATHS
  • 4,280
    SQFT
  • $409
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

Listing courtesy of The Residential Group of William Raveis R.E. & Home Services.

Description

Fantastic investment or development opportunity in the heart of Egleston Square. This freestanding 4 unit property is fully leased and features two commercial spaces on the first floor, as well as two nicely renovated 4 bedroom/1 bath units on the second and third floors. Net income eclipses $94,500 annually with room to grow. The commercial units are occupied by a barber shop and a Boost Mobile and are on leases ending August 2024 and December 2026 respectively. The residential units feature dark stained hardwood floors, crown moldings, spacious kitchens with stainless appliances and granite counters, tile baths, central A/C, in-unit laundry and rear decks. They are both on lease to 8/31/22. For developers, the property is located in the desirable Neighborhood Shopping (NS) zoning district which allows for a host of different uses and buildings as high as 45' with an FAR of 2.0. Don't miss out!

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein. Data last updated 2022-06-29T09:10:04.653.
www.gillachgroup.com/homes/128838077
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3106-3110 Washington Street Boston, MA 02119

  • Price: $1,750,000
  • Status: Active
  • On Site: Days
  • Updated: 54 min ago
  • MLS #: 72983550
8
Beds
2
Baths
2
½ Baths
0.08
Acres
4,280
SQFT
$409
$/SQFT
1930
Built
Neighborhood:
Jamaica Plain
County:
Suffolk
Area:
Jamaica Plain
Property Description
Fantastic investment or development opportunity in the heart of Egleston Square. This freestanding 4 unit property is fully leased and features two commercial spaces on the first floor, as well as two nicely renovated 4 bedroom/1 bath units on the second and third floors. Net income eclipses $94,500 annually with room to grow. The commercial units are occupied by a barber shop and a Boost Mobile and are on leases ending August 2024 and December 2026 respectively. The residential units feature dark stained hardwood floors, crown moldings, spacious kitchens with stainless appliances and granite counters, tile baths, central A/C, in-unit laundry and rear decks. They are both on lease to 8/31/22. For developers, the property is located in the desirable Neighborhood Shopping (NS) zoning district which allows for a host of different uses and buildings as high as 45' with an FAR of 2.0. Don't miss out!
Exterior Features

Beachfront No Color Green Exterior Vinyl Exterior Features Deck - Wood Foundation Other (See Remarks) Lot Description Wooded Parking Spaces 0 Road Type Public Roof Material Rubber Waterfront Flag No

Interior Features

Basement Yes Bedrooms Unit1 0 Bedrooms Unit2 0 Bedrooms Unit3 4 Bedrooms Unit4 4 Cooling Units 4 Cooling Zones 4 Energy Features Insulated Windows Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Fireplaces Unit4 0 Flooring TileHardwood Floors Unit1 1 Floors Unit2 1 Floors Unit3 2 Floors Unit4 3 Full Baths Unit1 0 Full Baths Unit2 0 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths Unit1 1 Half Baths Unit2 1 Half Baths Unit3 0 Half Baths Unit4 0 Heat Units 4 Heat Zones 4 Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Levels Unit4 1 Rooms 14 Rooms Unit1 1 Rooms Unit2 1 Rooms Unit3 6 Rooms Unit4 6

Property Features

Amenities Public TransportationShoppingTennis CourtParkWalk/Jog TrailsGolf CourseMedical FacilityLaundromatBike PathConservation Area Apod Available Yes Assessments 508700.00 Disclosure No Disclosures Seller/Sellers Agents Make No Representation On Zoning Matters. Photos Are From 2015. Expenses Source Pro. Forma Available Expenses Year End 12/21 Gross Operating Income 116143 Lead Paint Unknown Lease Unit1 Y Lease Unit2 Y Lease Unit3 Y Lease Unit4 Y Lender Owned No Multifamily Type 4 Family Net Operating Income 94504 Rent Unit1 1830 Rent Unit2 2103 Rent Unit3 2995 Rent Unit4 2750 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Includes Basement No Sq Ft Source Public Record Tax Year 2022 Taxes 9411.07 Water City/Town Water Year Built Description ApproximateRenovated Since Year Built Source Public Record Year Round Yes Zoning Ns

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of The Residential Group of William Raveis R.E. & Home Services.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein. Data last updated 2022-06-29T09:10:04.653.
 
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The Gillach Group | William Raveis Real Estate
191 Grove Street
Chestnut Hill MA, 02467
Listing courtesy of The Residential Group of William Raveis R.E. & Home Services.