Property Description

Turnkey hard to find 4 unit Jamaica Plain multifamily. Positioned in an amazing location, minutes from parks and restaurants galore, Wholefoods and transportation. All units feature sensible floorplans and 3 of the units feature open concept kitchen/living room combos. All units are renovated with granite countertops, updated appliances, and newer dishwashers. Low owner cost due to all units being separately metered, with tenants paying for their own gas and electric. Relax outside with multiple balconies and a cozy backyard. Easy to manage property. Almost new roof, trim replacement, some siding work, tree removal, paint both inside and outside, some newer appliances over the past 5 years. Minutes from 39 and the E Greenline. Come see this cash cow before it moooooves on to another lucky investor.

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 10
  • Total Bedrooms: 10
  • Total Full Baths: 4
  • Amenities: Bike Path, House of Worship, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, Swimming Pool, Tennis Court, T-Station, University, Walk/Jog Trails
  • Basement Features: Concrete Floor, Full, Interior Access
  • Common Rooms: Kitchen, Living Room, Office/Den
  • Common Interior Features: Pantry, Storage, Tile Floor
  • Common Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Washer Hookup
  • Common Heating: Electric, Extra Flue, Forced Air, Gas, Heat Pump, Space Heater

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 130380
  • Gross Expenses: 16864
  • Electric Expenses: 650
  • Water/Sewer: 3287
  • INSC: 3624
  • Net Operating Income: 113516

Utilities

  • Heat Zones: 4
  • Utility Connections: for Electric Dryer, for Gas Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 4
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 4 Family - 4 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile, Vinyl
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73214805
  • Last Updated: 04/11/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/11/2024Contingent$1,799,000$391MLSPIN
03/24/2024Active$1,799,000$391MLSPIN
03/20/2024New$1,799,000$391MLSPIN

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Seller's Representative: The Young Group, Leopold & McMasters Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 1
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-04-11 10:00:00

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