$1,599,000
Active
48 Days Online
8 Beds4 Baths4,280 SQFT
Active

3106-3110 Washington Street Boston, MA 02119

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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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountySuffolk
  • Taxes$10,322
  • HOA/Condo/Coop Fees$0
  • Days on Site47 Days
  • MLS StatusActive
  • MLS ID Number73218226
  • Home Size Source Public Records
  • Year Built1930
  • Lot Size0.08 Acres
  • Full Baths2
  • Partial Baths2

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General Features

  • Parking Spaces 0
  • Sewer Public Sewer
  • Number of Stories 7
  • Acreage 0.08
  • Water Public
  • Property Sub Type Multi Family
  • Garage Spaces 0
  • Foundation Other
  • Zoning NS
  • Buyer Agent Compensation 2.25
  • Facilitator Compensation 2.25
  • Compensation Based On Net Sale Price
  • Sub-Agency Relationship Offered No
  • Garage 0

Interior Features

  • Flooring TileHardwood
  • Fireplaces 0
  • Window Features Insulated Windows
  • Fireplace No

Exterior Features

  • Roof Rubber
  • Spa No
  • Waterfront Property No
  • Lot Wooded
  • Patio And Porch Deck - Wood
  • Lot Features Wooded

Community Features

  • Community Features Public TransportationShoppingTennis Court(s)ParkWalk/ Jog TrailsGolfMedical FacilityLaundromatBike PathConservation AreaWalk/Jog Trails
  • Senior Community No
  • MLS Area Jamaica Plain
  • Adult Care Community No

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Monthly Payment (Est.)

$8,528
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