3106-3110 Washington Street

$1,599,000

3106-3110 Washington Street

8 Beds 3 Baths 4,280 Sq.Ft.

Description

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.

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Location

3106-3110 Washington Street, Boston, MA 02119

Status

For Sale

Property Amenities

Interior

Flooring Tile, Hardwood

Total Bedrooms: 8

Half Bathrooms: 2

Full Bathrooms: 2

Area & Lot

Lot Area 3,346 Sq.Ft.

Living area 4,280 Sq.Ft.

MLS® ID 73218226

Year Built 1930

Type Multi-Family

Status For Sale

Exterior

Stories 7

Water Source Public

Sewer Public Sewer

Lot Features Wooded

Roof Rubber

Finance

Sales Price $1,599,000

Real Estate Tax $10,323 yearly

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Jamaica Plain

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The Residential Group at William Raveis Real Estate is a team of experienced agents, specializing in the sale of urban dwellings and new construction/renovation properties in Metropolitan Boston. They are consistently ranked among the top sales teams at William Raveis Real Estate and top teams in all of Massachusetts.

$1,599,000

3106-3110 Washington Street

Description

Share Property

Location

Status

Property Amenities

Interior

Area & Lot

Exterior

Finance

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Exclusive Listings

$4,999,999

$4,700,000

$3,475,000

$2,525,000

$2,350,000

$207,500

$1,998,000

$1,995,000

$1,888,888

Jamaica Plain

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