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3110 Washington Street

Boston, MA 02119
  • $1,650,000
  • STATUS: Active
  • MLS #: 73039510
New
$1,650,000
  • 8
    BEDS
  • 0.08
    ACRES
  • 2
    BATHS
  • 2
    1/2 BATHS
  • 4,280
    SQFT
  • $386
    $/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

6 CAP! 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 $100,000 annually. 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 8/31/23. 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.

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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 2022-09-27T00:04:20.42.
www.gillachgroup.com/homes/133297508
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3110 Washington Street Boston, MA 02119

  • Price: $1,650,000
  • Status: Active
  • On Site: Days
  • MLS #: 73039510
8
Beds
2
Baths
2
½ Baths
0.08
Acres
4,280
SQFT
$386
$/SQFT
1930
Built
Neighborhood:
Jamaica Plain
County:
Suffolk
Area:
Jamaica Plain
Property Description
6 CAP! 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 $100,000 annually. 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 8/31/23. 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.
Exterior Features

Color Green Covered Spaces 0 Garage YN No Lot Features Wooded Parking Total 0 Patio And Porch Features Deck - Wood Road Frontage Type Public Roof Rubber Waterfront YN No

Interior Features

Building Area Total 4280 Cooling Units 4 Cooling Zones 4 Fireplace YN No Fireplaces Total 0 Flooring TileHardwood Foundation Details Other Heat Units 4 Heat Zones 4 Lead Paint Unknown Rooms Total 14 Window Features Insulated Windows

Property Features

Buyer Agency Compensation 2.25 Community Features Public TransportationShoppingTennis Court(S)ParkWalk/Jog TrailsGolfMedical FacilityLaundromatBike PathConservation Area Electric Expense 500 Gross Income 116143 Insurance Expense 2397 Net Operating Income 94504 Operating Expense 21639 Property Sub Type 4 Family Sewer Public Sewer Tax Annual Amount 9411.07 Tax Year 2022 Total Actual Rent 9679 Transaction Broker Compensation 2.25 Water Sewer Expense 3960 Water Source Public Year Built Details ApproximateRenovated Since 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: 617-426-8333.


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 2022-09-27T00:04:20.42.
 
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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.