3106-3110 Washington Street, Boston, (Jamaica Plain), MA, 02119
14 rooms
8 beds
2 Full / 2 Half baths
1930
4,280 sqft
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.
Status:
Active
Town:
Boston
Type:
Multi-family
Units:
4
Zoning:
NS
Levels:
7
Acreage:
0.08
Est. Taxes:
$10,323
Assessment
$544,500
Lot Description:
Wooded
Amenities:
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area
MLS #:
73218226
Buyer Agent Compensation:
2.25
Facilitator Compensation:
2.25
Compensation Based On:
Net Sale Price
Sub-Agency Relationship Offered:
No