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Canceled

3106-3110 Washington Street, Boston MA 02119

$1,665,000

Estimated $3,560/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $416,250

Total Rent: 127476/year

Estimated CAP Rate:

8 Bedrooms

Baths

4280

Total Parking: 0

3,346 (0.08)

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.

This home has been viewed 184 times

Last Checked: October 7th, 2024 at 4:42pm (Source: MLS PIN #73218226)

Gross Income: $127,476

Gross Expenses: $22,762

Net Income Calc: $104,714

Annual Expenses for 3106-3110 Washington Street, Boston MA 02119

Total Gross Expenses (Calculated)$22,762/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax10322.53

Annual Income & Unit Breakdown for 3106-3110 Washington Street, Boston MA 02119

Total Gross Income (Calculated)$127,476

Unit 1

Rental Income$0

LeaseY

Bedrooms0

Bathrooms1 Half

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms0

Bathrooms1 Half

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseY

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 4

Rental Income$0

LeaseY

Bedrooms4

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 3106-3110 Washington Street, Boston MA 02119

Listing ID73218226

Property TypeMulti Family / 4 Family

Price1665000 ($389.02/SqFt)

Style4 Family

CityBoston

CountySuffolk

MLS AreaJamaica Plain

Neighborhood(s)

Approximate Living Area Total4280

Approximate Lot Size (Acres)0.08

Total Parking0

Garage Parking0

Year Built1930

Year Built SourcePublic Records

Year Built DetailsApproximate,Renovated Since

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningNS

Water Views

Water Views FeaturesBay

Waterfront FeaturesRiver

Terms

Disclosures for 3106-3110 Washington Street, Boston MA 02119

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)Lender Owned

Buyer Agent Compensation2.25

Facilitator Compensation2.25

Compensation Based OnNet Sale Price

Financial Information for 3106-3110 Washington Street, Boston MA 02119

Real Estate Taxes10322.53

Tax Year2024

Assessed Value$544,500

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 3106-3110 Washington Street, Boston MA 02119

Neighborhood(s)

MLS AreaJamaica Plain

Area AmenitiesWalk/jog Trails

Contact Information for 3106-3110 Washington Street, Boston MA 02119

Agent

Name: The Residential Group

Office

Name: William Raveis R.E. & Home Services

Phone: 617-426-8333

Payment Calculator

, Interest

Property Taxes 860.21

Principal & Interest 10259.2

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

William Raveis R.E. & Home Services

The Residential Group

Agent Phone

Office Phone

(617) 426-8333

Text Agent Call Agent Call Office

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EXIT

13 More Photos

Canceled

3106-3110 Washington Street, Boston MA 02119

$1,665,000

Annual Expenses for 3106-3110 Washington Street, Boston MA 02119

Annual Income & Unit Breakdown for 3106-3110 Washington Street, Boston MA 02119

General Information for 3106-3110 Washington Street, Boston MA 02119

Disclosures for 3106-3110 Washington Street, Boston MA 02119

Financial Information for 3106-3110 Washington Street, Boston MA 02119

Location Information for 3106-3110 Washington Street, Boston MA 02119

Contact Information for 3106-3110 Washington Street, Boston MA 02119

Agent

Office

Payment Calculator

Exclusive Listing Agent

William Raveis R.E. & Home Services

The Residential Group