This Property is No Longer Available
3106-3110 Washington St, Boston, MA 02119
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$1,425,000
*Sale Price
4 Unit
8 Beds
4 Baths
4280 SQFT
0.08 Acre

Property Description

3106-3110 Washington Street consists of a three-story building with four units comprised of two commercial units and two 4-Bedroom/1-Bathroom residential units. The commercial units are leased to Miheli Wireless and Tony’s Barbershop. Miheli Wireless has been at this location since 2019 and has 2+ years remaining on their lease with one (1), 5-year renewal option. Tony’s Barbershop has been at this location since 2017 and just exercised their renewal option demonstrating their commitment to the site and the market. They have 5 years remaining on their lease. Both commercial leases call for attractive 3% annual increases in rent, providing a steady hedge against inflation. 3106-3110 Washington Street offers the opportunity to acquire a well-located asset in one of the strongest real estate markets in a region that is poised for future growth.

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 7
  • Total Bedrooms: 8
  • Total Full Baths: 2
  • Total Half Baths: 2

Financial

  • APOD Available: Yes
  • Gross Operating Income: 144312
  • Gross Expenses: 25314
  • Net Operating Income: 118998

Utilities

  • Electric Info: Individually Metered
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

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

Unit 3 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 4 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1930
  • Type: 4 Family - 4 Units Up/Down
  • Foundation Info: Other (See Remarks)
  • Roof Material: Rubber
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73287397
  • Last Updated: 12/20/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
12/20/2024Sold$1,425,000$333MLSPIN
11/01/2024Under Agreement$1,475,000$345MLSPIN
10/21/2024Active$1,475,000$345MLSPIN
10/17/2024Price Change$1,475,000$345MLSPIN
10/12/2024Active$1,499,000$350MLSPIN
10/08/2024Price Change$1,499,000$350MLSPIN
09/13/2024Active$1,550,000$362MLSPIN
09/09/2024New$1,550,000$362MLSPIN
08/08/2024Canceled$1,665,000$389MLSPIN
08/03/2024Active$1,565,000$366MLSPIN
07/30/2024Price Change$1,565,000$366MLSPIN
05/25/2024Active$1,575,000$368MLSPIN
05/21/2024Price Change$1,575,000$368MLSPIN
05/04/2024Active$1,599,000$374MLSPIN
04/30/2024Price Change$1,599,000$374MLSPIN
04/05/2024Active$1,625,000$380MLSPIN
04/01/2024New$1,625,000$380MLSPIN
08/19/2022Expired$1,725,000$403MLSPIN
07/03/2022Active$1,725,000$403MLSPIN
06/29/2022Price Change$1,725,000$403MLSPIN
06/19/2022Active$1,750,000$409MLSPIN
06/19/2022Active$1,725,000$403MLSPIN
06/15/2022Price Change$1,750,000$409MLSPIN
05/22/2022Active$1,795,000$419MLSPIN
05/22/2022Active$1,750,000$409MLSPIN
05/18/2022New$1,795,000$419MLSPIN
12/22/2010Expired$499,900MLSPIN
06/09/2010Temporarily Withdrawn$499,900MLSPIN
12/22/2009Active$699,900MLSPIN
12/22/2009Active$499,900MLSPIN
12/22/2009Active$599,900MLSPIN

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Seller's Representative: Dennis Kelleher, Horvath & Tremblay
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.5
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-12-20 13:30:00

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