3106-3110 Washington Street

Boston, MA 02119

$1,599,000
Price
8
Beds
2
Baths
2
1/2 Baths
4,280 Sq. Ft.
$374 / Sq. Ft.
4,280
Sq. Ft.
$374
per 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...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.
  1. Listed by The Residential Group • William Raveis R.E. & Home Services
  2. Listed by Michael Dorion • William Raveis R.E. & Home Services

Property Details for 3106-3110 Washington Street

Town
Boston
MLS Area
Jamaica Plain
Area
MA-Boston-Jamaica Plain, MA-Boston
Garage Spaces
0
Parking Spaces
.00

Location

Listing Courtesy of William Raveis R.E. & Home Services, The Residential Group; William Raveis R.E. & Home Services, Michael Dorion
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LISTING UPDATED: 04/30/2024 01:33 PM

Property Details for 3106-3110 Washington Street

StatusPrice Changed
MLS #73218226
Days on Market30
Taxes$10,323 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 4 Family
Year Built1930
CountySuffolk County

Location

Listing Courtesy of William Raveis R.E. & Home Services, The Residential Group; William Raveis R.E. & Home Services, Michael Dorion
Add your commute

Building Information for 3106-3110 Washington Street

Stories7Residences4Year Built1930Building Size-Lot Size0.08 AC / 3,346 SF

Payment Calculator

$9,587 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,726

Property Taxes

$860

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3106-3110 Washington Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area
  • Living Area: 4280.0
  • Color: Green
  • SqFt with Basement: No
  • Total Units: 4
  • Waterfront: No
  • Year Built Details: Approximate,Renovated Since
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 4.0
  • Num of Full Baths: 2
  • Num of Half Baths: 2
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Hardwood
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Exterior Features: Deck - Wood
  • Lot Description: Wooded
  • Patio And Porch Features: Deck - Wood
  • Roof Material: Rubber
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Residential unit photos are from 2015. Units are occupied.
Tax Information
  • Tax ID: 3399273
  • Assessments: $544,500
  • Book: 0
  • Tax Year: 2024
  • Zoning: NS
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 7
Other Building Characteristics
  • Foundation: Other
  • Cooling Units: 4
  • Cooling Zones: 4
  • Heat Units: 4
  • Heat Zones: 4
Income / Expenses
  • Electricity: $500.00
  • Annual Expenses Source: Pro. Forma Available
  • GOI: $127,470.00
  • Insurance: $3,091.00
  • GRE: $22,762
  • MSE: $750
  • RME: $5,099
  • NOI: $104,708.00
  • Operating Expense: $22,762.00
  • WSE: $3,000.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 3
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $10,623.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.25
  • Other Agent Compensation: 2.25

Property History for 3106-3110 Washington Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3106-3110 Washington Street

Taxable ValueLand$115,100Additions$440,200Total$555,300
Home Facts
Total Finished SqFt4,280 SqFtAbove Grade Finished SqFt4,280 SqFtStories3Lot Size3,346 SqFtStyleOffice BuildingYear Built1930Year Renovated2015ZoningRCCountySUFFOLKAPNJAMA W:11 P:01534 S:000

Schools near 3106-3110 Washington Street

This home is within Boston School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 5
Public - PK to 5
Rating
School
Distance
Hernandez K-8 School
PublicPK to 8

Egleston Community High School
Public9 to 12

Mendell Elementary School
PublicPK to 5

David A. Ellis Elementary School
PublicPK to 5

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.

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3106-3110 Washington Street is a multi-family home for sale in Boston, MA 02119. This property was listed for sale on April 1, 2024 by William Raveis R.E. & Home Services, it's currently listed at $1,599,000. This listing's school district is Boston School District. Nearby schools include Hernandez K-8 School, Egleston Community High School and Mendell Elementary School. 3106-3110 Washington Street is a 8-bed, 3-bath, 4,280 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. 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, Michael Dorion

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.