Sold
Last Sold Price
4 beds5,764 sqft$330/sqft
3520 Washington St, Boston, MA 02130
Multi FamilyProperty Type
5,793 sq ftLot Size
1900Year Built
$330/sq ftPrice per sq ft
2 carsParking Spaces

Description

Now fully leased! Annual net income over $150,000 makes this an 8 CAP INVESTMENT! The building features a +/- 3,600 sq/ft commercial space (2,413 sq/ft first floor + basement) which is newly leased to a boxing gym on a 5 year lease with a 5 year option, NNN. The two residential apartments are newly renovated with hardwood floors, crown moldings, beautiful tile baths, white shaker kitchens with quartz counters, in unit laundry, central A/C and decks. These units are on lease to 8/31/25. The property...Now fully leased! Annual net income over $150,000 makes this an 8 CAP INVESTMENT! The building features a +/- 3,600 sq/ft commercial space (2,413 sq/ft first floor + basement) which is newly leased to a boxing gym on a 5 year lease with a 5 year option, NNN. The two residential apartments are newly renovated with hardwood floors, crown moldings, beautiful tile baths, white shaker kitchens with quartz counters, in unit laundry, central A/C and decks. These units are on lease to 8/31/25. The property comprises 2 lots which lends to potential future expansion. This is hands down THE BEST INVESTOR DEAL IN BOSTON! Call today for a private showing. Pro-Forma attached. OFFERS DUE 10/30 at 5PM.
Listing closed: 12/30/2024 12:00 AM • Source: MLS PIN, MLS#: 73304871

Recent comparable sales

Median sold price

$1,747,500

Avg days on market

25

Sale-to-list ratio

96.3%

Boston, MA

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Location

Listing Courtesy of William Raveis R.E. & Home Services, The Residential Group; William Raveis R.E. & Home Services, Scott Johnson; William Raveis R.E. & Home Services, Jason Manganello

Sold By William Raveis R.E. & Home Services, The Residential Group

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Payment Calculator

$11,033 per month

30 year fixed, 6.55% Interest

Principal and Interest

$9,657

Property Taxes

$1,376

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3520 Washington Street

Property Details
  • Taxes: $16,509 / year
  • MLS Type: Multi-family / 3 Family
  • Town: Boston
  • MLS Area: Jamaica Plain
  • Area: MA-Boston-Jamaica Plain, MA-Boston
  • Garage Spaces: 0
  • Parking Spaces Total: 2
Building Information
  • Stories: 6
  • Residences: 3
  • Year Built: 1900
  • Lot Size: 0.13 AC / 5,793 SF
General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Bike Path, Conservation Area, House of Worship, Private School, Public School, T-Station
  • Current Financing: Withheld
  • Living Area: 5764.0
  • Color: Gray
  • SqFt with Basement: Yes
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Renovated Since
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Basement Features: Full
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • DoorFeatures: Insulated Doors
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Hardwood
  • Interior Features: Crown Molding, Stone/Granite/Solid Counters, Open Floorplan, Remodeled, Kitchen, Living RM/Dining RM Combo
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Exterior Features: Porch
  • Lot Description: Corner Lot
  • Patio And Porch Features: Porch
  • Roof Material: Rubber
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Two lots. Parcel 1102810000 (3,093 sq/ft) + Parcel 1102811000 (2,700 sq/ft) total 5,793 sq/ft. Property has curb cut for parking. Property is 2 residential units + 1 commercial space.
Tax Information
  • Assessments: $824,600
  • Book: 0
  • Tax Year: 2024
  • Zoning: LI
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • Annual Expenses Source: Pro. Forma Available
  • GOI: $170,100.00
  • NOI: $151,547.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 2
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $14,175.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0
  • Other Agent Compensation: 2.0

Property History for 3520 Washington Street

DateEvent & SourcePriceAppreciation
Dec 30, 2024

Sold

MLS PIN #73304871

$1,900,000
Nov 18, 2024

Under Agreement

MLS PIN #73304871

Nov 18, 2024

Contingent

MLS PIN #73304871

DateEvent & SourcePrice
12/30/2024

Sold

MLS PIN #73304871

$1,900,000
11/18/2024

Under Agreement

MLS PIN #73304871

11/18/2024

Contingent

MLS PIN #73304871

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 3520 Washington Street

This home is within Boston Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 7 to 12
Public - 7 to 12
Public - 9 to 12
Rating
School
Distance
Hernandez K-8 School
PublicPK to 8

The English High School
Public7 to 12

Margarita Muniz Academy
Public7 to 12

Community Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Jamaica Plain
Jamaica Plain
A prideful neighborhood rich with art, culture, and natural beauty. Rich in culture and diversity, Jamaica Plain prides itself on its mix of residents and sense of community.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of William Raveis R.E. & Home Services, The Residential Group; William Raveis R.E. & Home Services, Scott Johnson; William Raveis R.E. & Home Services, Jason Manganello

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.