3106-3110 Washington Street, Jamaica Plain, Boston, MA 02119 | Concept Properties

3106-3110 Washington Street, Jamaica Plain, Boston, MA 02119

  • $1,599,000
  • $374
3106-3110 Washington Street, Jamaica Plain Boston, MA 02119
For Sale
3106-3110 Washington Street, Jamaica Plain Boston, MA 02119
  • $1,599,000
  • $374


Overview

Property ID: 73218226
  • Multi-family
  • Property Type
  • 8
  • Bedrooms
  • 2
  • Bathrooms
  • 0
  • Garage
  • 3346
  • Sq Ft
  • 1930
  • Year Built

Description

Multi Family property with 8 bedroom(s), 2 bathroom(s) in Jamaica Plain Jamaica Plain Boston MA.

Fantastic investment or development opportunity in the heart of Egleston Square. This freestanding mixed use 4 unit property is fully leased and features two commercial storefronts on the first floor, as well as two nicely renovated 4 bedroom/1 bath units on the second + third floors. Current net income eclipses $104K annually and is projected to increase by 10% for the 2024-2025 rental season. The commercial units are occupied by a barber shop and a mobile phone store and are on leases ending August 2024 + December 2026 w/5 year option respectively. The residential units feature dark stained hardwood floors, crown moldings, spacious kitchens w/stainless appliances + granite counters, tile baths, central A/C, in-unit laundry + rear decks. They are both on lease to 8/31/24. 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. Pro-Forma upon request.

  • Address 3106-3110 Washington Street, Jamaica Plain Boston, MA 02119
  • City Boston
  • State/county MA
  • Zip/Postal Code 02119
  • Area Jamaica Plain

Details

Updated on May 5, 2024 at 12:11 am
  • Property ID: 73218226
  • Price: $1,599,000
  • Property Size: 3346 Sq Ft
  • Bedrooms: 8
  • Bathrooms: 2
  • Garage: 0
  • Year Built: 1930
  • Property Type: Multi-family
  • Property Status: For Sale

Additional details

  • Fire places: 0
  • Total Rooms: 14
  • Roof: Rubber
  • Sewer: Public Sewer
  • Water Source: Public
  • Office Name: William Raveis R.E. & Home Services
  • Agent Name: The Residential Group

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