435 Walnut Avenue

Boston, MA 02119

$4,999,999
Price
29
Beds
13
Baths
3
1/2 Baths
14,088 Sq. Ft.
$355 / Sq. Ft.
14,088
Sq. Ft.
$355
per Sq. Ft.

Description

This is a great deal. Number work now....numbers will work even better after 2024-2025 renewals are complete! Investors take note of this rarely available freestanding brick building boasting 13 residential units and over 14,000 sq/ft in Jamaica Plain. There is (1) studio residence, (4) one-bedroom units, (3) two-bedroom units, (1) three-bedroom and (4) four-bedroom residences. All units are updated with hardwood floors, gas cooking and heating, crown moldings, granite countertops, tile baths, in-building...This is a great deal. Number work now....numbers will work even better after 2024-2025 renewals are complete! Investors take note of this rarely available freestanding brick building boasting 13 residential units and over 14,000 sq/ft in Jamaica Plain. There is (1) studio residence, (4) one-bedroom units, (3) two-bedroom units, (1) three-bedroom and (4) four-bedroom residences. All units are updated with hardwood floors, gas cooking and heating, crown moldings, granite countertops, tile baths, in-building laundry and more. The building is located in the Parkside neighborhood of Jamaica Plain and is poised to make its next owner excellent rents for many, many years to come. Financials available upon request. 100% occupied. Enjoy the many benefits of owning investment property. Call today and lets talk real estate.
  1. Listed by The Residential Group • William Raveis R.E. & Home Services
  2. Listed by Scott Johnson • William Raveis R.E. & Home Services
  3. Listed by Jason Manganello • William Raveis R.E. & Home Services

Property Details for 435 Walnut Avenue

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, Scott Johnson; William Raveis R.E. & Home Services, Jason Manganello
Add your commute
LISTING UPDATED: 04/16/2024 03:09 AM

Property Details for 435 Walnut Avenue

StatusUnder Agreement
MLS #73192193
Days on Market98
Taxes$24,225 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1930
CountySuffolk County

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
Add your commute

Building Information for 435 Walnut Avenue

Stories6Residences13Year Built1930Building Size-Lot Size0.14 AC / 6,020 SF

Payment Calculator

$29,306 per month

30 year fixed, 7.25% Interest

Principal and Interest

$27,287

Property Taxes

$2,019

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 435 Walnut Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Golf Course, Medical Facility, Bike Path, Conservation Area, House of Worship, Private School, Public School, T-Station
  • Living Area: 14088.0
  • SqFt with Basement: No
  • Total Units: 13
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 16.0
  • Num of Full Baths: 13
  • Num of Half Baths: 3
  • Bathrooms Total Decimal: 14.50
  • Bathrooms Total Integer: 16
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Varies
  • SpaYN: No
Exterior Features
  • Lot Description: Other
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Photos shown were taken after renovations and/or between tenant move-ins. 100% leased.
Tax Information
  • Tax ID: W:11 P:01514 S:000,3399845
  • Assessments: $2,138,500
  • Book: 18046
  • Tax Year: 2023
  • Zoning: 2F-4000
Building / Association Information
Living Characteristics
  • Beds Total: 29
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Other
Income / Expenses
  • Annual Expenses Source: Pro. Forma Available
  • GOI: $413,820.00
  • GRE: $71,698
  • NOI: $342,122.00
  • Operating Expense: $71,698.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 3
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 1
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 1
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $11,495.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0
  • Other Agent Compensation: 2.0

Property History for 435 Walnut Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 435 Walnut Avenue

Taxable ValueLand$386,300Additions$1,800,500Total$2,186,800
Tax Record2024$23,836 ($1,986 / month)
Home Facts
Total Finished SqFt10,566 SqFtAbove Grade Finished SqFt10,566 SqFtStories3Lot Size6,020 SqFtStyleMulti-Family Res (5+ Units)Year Built1930Year Renovated2017ZoningACountySUFFOLKAPNJAMA W:11 P:01514 S:000

Schools near 435 Walnut Avenue

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

David A. Ellis Elementary School
PublicPK to 5

Mendell 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.

Similar Homes

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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, 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.