Active
3106-3110 Washington Street
Boston MA, 02119
$1,599,000
$373.60 per sqft
Active
8 Beds
3 Baths
4,280 sqft
Multi-family
Built in 1930
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.
73218226
MLSⓇ ID
April 1, 2024
Listed
May 9, 2024
Updated
Map
3106-3110 Washington Street
Boston MA, 02119
Interior Features
Total Stories
7
Bedrooms
8
Total Bathrooms
3
Floor Description
Tile, Hardwood
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.08 Acres
Lot Features
Wooded
Roof
Rubber
Sewer
Public Sewer
Other Property Details
Area Name
Jamaica Plain
Taxes
$10,323
Tax Frequency
Annually
Days on Market
33
Garage
No
Parking Total
0
View
No
County
Suffolk
Water Source
Public
Pool
No
Zoning
NS
Buyer Agency Compensation
2.25%
Listing History
Date | Event | Price |
|---|---|---|
4/30/2024 | Price Change | $1,599,000 -2% |
Courtesy of The Residential Group, William Raveis R.E. & Home Services
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Data last updated 3:58 AM UTC, 5/9/2024
