56 Patten, Boston, (Jamaica Plain's Forest Hills), MA, 02130
20 rooms
15 beds
4 Full baths
2007
6,939 sqft
This is it! Built in 2007, this Jamaica Plain 2 Family is a rare MONEY MAKER. Containing 2 side by side units and a lot of expansion/value add potential. The larger right side unit contains 12 bedrooms, 3 bathrooms with a monthly income of $13,400. Left side unit is a 3 Bed, 1 bathroom apartment rented under market to BHA for $3,745/month. Unit(s) can be delivered vacant for the right offer. Huge high ceiling basement with interior and walk-out access ideal for ADU ideas. Current owner has development plans available (Not Approved or Permitted) for potential 6 units development of existing footprint, or knock down and rebuild new both a 3-family and a 2-family. Or develop by-right 2 side-by-side townhouses. Or sit back and collect the $17k monthly income and %8+ Cap Rate. Building is professionally managed and the property manager is willing to stay on. Great location in the desirable Woodbourne section of JP and close to Forest Hills T Station. Pro forma available by request.
Status:
Active
Town:
Boston
Type:
Multi-family
Laundry Remarks:
Electric Dryer Hookup, Washer Hookup
Units:
2
Zoning:
Res
Basement:
Full, Walk-Out Access, Interior Entry, Concrete
Levels:
3
Parking:
6-car, Paved Drive, Off Street, Paved
Acreage:
0.2
Est. Taxes:
$17,701
Assessment
$1,528,600
Construction
Frame
Utilities
for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Amenities:
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Private School, Public School, T-Station
MLS #:
73478577
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Radhy Pena, Pondside Realty 617-524-6900