Investors! Rare spcious 3-fam cash cow with numbers that work in great spot priced to sell! 2014 renovation creating ideal rental 3 and 4 bed units in desirable Jamaica Plain location close to Orange Line (Green Street T-stop) and gorgeous parkland. Each unit features renovated kitchens with granite counter tops and stainless steel appliances. Tiled bathrooms (TWO full baths in all units), walnut floors, crown molding and oversized decks with 3 bedrooms, 2 baths in unit 1 and 4 bedrooms, 2 full baths in units 2 and 3 for ideal rental layouts. Ideal rental features - all units have separate systems, central air and common laundry in the basement. Small 2 car garage plus parking in front of it Great profit from rental income. Don't miss out this great deal to own an investment property in desirable Jamaica Plain. Exceptionally priced to sell given the strong in place rental income.
This home has been viewed 57 times
Last Checked: May 7th, 2024 at 3:01am (Source: MLS PIN #73082149)
Gross Income: $131,940
Gross Expenses: $13,650
Net Income Calc: $118,290
CAP Rate: 6.98%
Annual Expenses for 39 Glen Road, Boston MA 02130
Total Gross Expenses (Calculated)$13,650/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$13,650
Annual Income & Unit Breakdown for 39 Glen Road, Boston MA 02130
Total Gross Income (Calculated)$131,940
Unit 1
Rental Income$3,150
LeaseY
Bedrooms3
Bathrooms2 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 2
Rental Income$3,950
LeaseY
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 3
Rental Income$3,895
LeaseY
Bedrooms4
Bathrooms2 Full
Floor
Levels in Unit
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
General Information for 39 Glen Road, Boston MA 02130
Listing ID73082149
Property TypeMulti Family / 3 Family
Price$1,694,000 ($481.39/SqFt)
Style3 Family
CityBoston
CountySuffolk
MLS AreaJamaica Plain
Neighborhood(s)
Approximate Living Area Total3,519 SqFt
Approximate Lot Size (Acres)0.09 acres
Total Parking3 (1 Garage)
Garage Parking1 / Detached
Year Built1905
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningR3
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 39 Glen Road, Boston MA 02130
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$26,448
Total Gross Income By Broker$123,840
Total Net Income By Broker$97,378
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5
Facilitator Compensation1.0
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 39 Glen Road, Boston MA 02130
Real Estate Taxes$13,650
Tax Year2022
Assessed Value$1,254,600
Financial Data Source
Total Gross Expenses By Broker$26,448
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$123,840
BostonRealEstate.com Gross Income
Total Net Income By Broker$97,378
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)6.98%
Location Information for 39 Glen Road, Boston MA 02130
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaJamaica Plain
Area AmenitiesWalk/jog Trails, Highway Access, Shopping, Park, Medical Facility, Laundromat, Public Transportation, T-station
Contact Information for 39 Glen Road, Boston MA 02130