148-152 South Street, Boston, MA 02130
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$2,295,000
5 Unit
8 Beds
8 Baths
5100 SQFT
0.06 Acre

Property Description

Fully leased and occupied, this updated 5-unit building offers a mix of 3 spacious residential floor-through units and 2 retail commercial storefronts, both of which have enjoyed stable occupancy with long-term tenancy for over 15 years. Ideally located near the Forest Hills T Stop, the Arnold Arboretum, and the vibrant shops and dining scene of Jamaica Plain, this property is perfectly situated for both residents and businesses. Each unit has separate utilities, and the building features modern plumbing, electrical, forced air systems, and energy-efficient ductless mini splits for cooling. With its current income potential not fully maximized, this property offers an excellent opportunity for future growth and profitability.

Property Details tap to expand

Building Information

  • Total Units: 5
  • Total Floors: 11
  • Total Bedrooms: 8
  • Total Full Baths: 3
  • Total Half Baths: 5
  • Amenities: Bike Path, Conservation Area, Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Other (See Remarks), Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, Tennis Court, T-Station, University, Walk/Jog Trails
  • Basement Features: Full, Unfinished Basement
  • Common Interior Features: Tile Floor

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 181299
  • Gross Expenses: 25711
  • Net Operating Income: 155498

Utilities

  • Heat Zones: 5
  • Cooling Zones: 4
  • Electric Info: 200 Amps
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 4
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 4 Description

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

Construction

  • Year Built: 1920
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles, Rubber
  • Flooring Type: Hardwood, Tile, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73338066
  • Last Updated: 03/06/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/06/2025Contingent$2,295,000$450MLSPIN
03/01/2025Active$2,295,000$450MLSPIN
02/25/2025New$2,295,000$450MLSPIN

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Seller's Representative: AD Advisors Team, Block Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-03-06 20:41:00

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