3106-3110 Washington Street Boston, MA 02119
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